Jacobs Awarded Commercial Space Headquarters Campus Contract

Rhea-AI Summary

Jacobs (NYSE:J) has secured a phase one design contract from Axiom Space to build a 100,000 sq ft facility at the Houston Spaceport. This facility will play a crucial role in Axiom's mission to establish the first commercial international space station, enhancing access to low Earth orbit. Jacobs, with $14 billion in revenue and 55,000 employees, aims to drive U.S. leadership in space operations. The project is expected to create more aerospace jobs and solidify Houston's status as a commercial space hub.

Positive

• Awarded a significant design contract for a 100,000 sq ft facility.
• Project supports Axiom's mission to create the first commercial international space station.
• Expected to generate more aerospace jobs in the Houston area.

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• None.

DALLAS, Jan. 18, 2022 /PRNewswire/ -- Jacobs (NYSE:J) has been awarded the architecture and engineering phase one design contract by Axiom Space for the Assembly, Integration and Testing facility planned for the 400-acre Houston Spaceport in the heart of Space City at Ellington Airport. This new 100,000 sq ft facility will support Axiom Space's mission to provide access to low Earth orbit and assemble the first commercial international space station.

Axiom Space's vision is that commercial infrastructure and innovation in space can offer unique ways to improve life on Earth while advancing the human exploration of space. Once completed, the private space station will provide a central hub for research, to support microgravity experiments, manufacturing, and commerce in low Earth orbit missions.

"Houston is a city built on innovation and is becoming a next-generation tech hub in the United States," said Jacobs Senior Vice President, People & Places Solutions Ron Williams. "Privately funded infrastructure will drive U.S. leadership in space. Jacobs is committed to providing integrated solutions to accelerate the future of commercial space operations."

"This is an exciting and historic moment for Axiom and the greater Houston area," said Axiom Chief Technology Officer Matt Ondler. "For the first time, spacecraft will be built and outfitted right here in Houston, Texas. This facility will provide us with the infrastructure necessary to scale up operations and bring more aerospace jobs to the area.  With this new facility, we are not only building next generation spacecraft, but also solidifying Houston as the U.S. commercial industry's gateway to space."

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery, and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the impact of the COVID-19 pandemic, including the emergence and spread of variants of COVID-19, the efficacy and availability of vaccines and treatments, and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

For press/media inquiries:
Kerrie Sparks
214.583.8433

 

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SOURCE Jacobs

FAQ

What is the latest contract awarded to Jacobs?

Jacobs was awarded a phase one design contract by Axiom Space for a facility at the Houston Spaceport.

How will the new facility impact the Houston area?

The facility is expected to create more aerospace jobs and enhance Houston's role as a commercial space hub.

What is the size of the new facility being built by Jacobs?

The new facility will be 100,000 square feet.

What company is partnering with Jacobs in this project?

Axiom Space is partnering with Jacobs for the design and construction of the facility.

What is Axiom Space's goal with the new facility?

Axiom Space aims to provide access to low Earth orbit and assemble the first commercial international space station.