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Business Case for the Wallops Research Park (WRP)

Business Case for the Wallops Research Park (WRP). Presentation for Accomack County Board of Supervisors November 7, 2012. WRP Business Case: Location, Location.

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Business Case for the Wallops Research Park (WRP)

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  1. Business Case for the Wallops Research Park (WRP) Presentation for Accomack County Board of Supervisors November 7, 2012

  2. WRP Business Case: Location, Location The WFF is integrally located in one of the Nations’ most strategic concentrations of military and aerospace industrial activities. This location is also strategic for both DoD and NASA for access to space for two reasons. First WFF’s restricted airspace adjoining the military’s Atlantic operations area, VACAPES making the area a critical National asset for the test and operation of a wide variety of developmental and operational space vehicles. Secondly, the WFF is sited in one of the few locations in CONUS where approximately 63 miles of Atlantic coastline federal or preservation owned property thatmakes WFF’s operational areas relatively free from the encroachment concerns faced by the Nation’s other two major launch ranges.

  3. WRP Business Case: Capabilities • Capabilities WFF is home to many unique and valuable assets that can be leveraged for federal, state and private sector development. The NASA WFF is approximately 6200 acres providing three major capabilities: Research Airport; World Class Launch Range; and end-to-end engineering design, fabrication, and testing facilities.

  4. New MARS Launch Complex

  5. The Future of American Commercial Space Flight: Antares On the Pad

  6. Virginia Economic Development Partnership Strategic Properties Map

  7. WRP - LABOR AVAILABILITY Virginia Economic Development Partnership

  8. Opportunities • NASA Receives 2-5 New Business Opportunity Calls Each Week • Many are Related to Unmanned Aerial Vehicle (UAV)/UAS and Launch Projects • Virginia/Maryland Strong Team Bid for National UAS Test Site • All Commercial Components are Likely WRP Tenants • NASA Cannot Accommodate All Small UAV Requests Today, Great WRP Business Opportunity • As Soon as Antares Flies, Additional Non-Commercial Resupply (CRS) Missions Likely for MARS and Wallops • NASA Will Not Compete with the Private Sector • Prefers to Support Only US Government Agencies with Unique NASA Technical Capabilities • Commercial Entities Shall be Directed to the WRP • All Interests for Office Space, Staging, and Storage (Non-Unique NASA Capabilities ) Shall be Directed to the WRP for All Entities

  9. Business Case Summary • Unprecedented Recent Wallops Area Investment • Federal: $100 Million • State/MARS: $ 42 Million • Private: $ 40 Million • Plus More Than $28 Million Additional Investment by States of Virginia, Maryland, and Pennsylvania in Broadband and Other Local Capabilities • Commonwealth of Virginia • 1 of 3 Economic Priority Areas for the Commonwealth • 1 of 7 Strategic Properties with goal to create a strong portfolio of geographically diverse, unique real estate assets suitable for major employment and investment projects • Strong Business Potential for Commercial and Government Launch and UAV Business for Our Eastern Shore • Initial Infrastructure is Necessary for Accomack County and the Eastern Shore to Leverage All Other Investments to Realize the Local Payback in Growth of Jobs and Other Revenue

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