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Home»Real Estate»DeSantis Unveils New Aerospace and Transportation Initiatives
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DeSantis Unveils New Aerospace and Transportation Initiatives

June 29, 2025
Desantis advances florida's aerospace and transportation future
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Florida Enhances Aerospace and Transportation Sectors with New Legislation

Governor Ron DeSantis has recently signed two significant bills aimed at cementing Florida’s status as a global hub for aerospace innovation and advanced transportation. These strategic initiatives were introduced during the Florida Activation Event in Paris, highlighting Florida’s commitment to economic growth and technological advancement.

Key Legislation Signed by Governor DeSantis

Senate Bill 1516: The International Aerospace Innovation Fund

Senate Bill 1516 establishes the International Aerospace Innovation Fund, which will be managed by Space Florida. This initiative focuses on driving global aerospace research, commercialization, and workforce development within the state. Key elements of this bill include:

  • Strategic Partnerships: The fund aims to foster collaborations between Florida-based aerospace companies, international businesses, research institutions, and space agencies. This approach is designed to attract new projects, enterprises, and high-wage employment opportunities to Florida.

  • Investment Model: Combining private investment, international collaboration, and state support, SB 1516 positions Florida to maintain its leadership in the global space economy.

Senate Bill 1662: Comprehensive Transportation Reforms

In addition, SB 1662 implements wide-ranging reforms to enhance Florida’s transportation infrastructure. This bill addresses the needs of Florida’s rapidly expanding economy and population with several critical provisions:

  • Establishment of the Florida Transportation Research Institute: A center for universities and aerospace industries to conduct invaluable research and innovation.

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  • Funding Initiatives: New financial avenues for projects targeting spaceports and commercial space operations.

  • Protection of Aerospace Interests: Preventing repurposing of space-designated land at seaports to ensure Florida’s long-term competitive edge in the aerospace industry.

  • Advanced Air Mobility Plans: Dedicated strategies to elevate Florida’s capabilities in next-generation aviation technologies, including vertical flight systems.

  • Investment Framework for Vertiports: Providing the Florida Department of Transportation (FDOT) with a strategy to construct vertiports, starting with a facility at SunTrax.

Partnership Announced with Lockheed Martin and UCF

During the Paris event, Lockheed Martin and the University of Central Florida (UCF) published plans for a Memorandum of Understanding. This partnership will focus on advancing workforce development and collaborative research in strategic areas such as AI, robotics, and hypersonics. Key initiatives include:

  • Expansion of UCF’s College Work Experience Program, which already supports over 700 interns annually.

  • Growth in sponsored research efforts across advanced technologies.

  • Development of tailored education programs to meet Lockheed Martin’s workforce needs.

Governor’s Vision for Florida’s Future

Governor DeSantis expressed confidence in these initiatives, stating, “Florida continues to set the national standard for economic growth, workforce development, and innovation.” He emphasized that these bills will assist in securing Florida’s position at the forefront of aerospace and transportation advancements for years to come.

Support from State Officials

Local leaders have praised the legislation:

  • Jared W. Perdue, P.E., Secretary of the Florida Department of Transportation, highlighted how these bills enhance safety and efficiency in serving Florida communities.

  • J. Alex Kelly, Florida Secretary of Commerce, acknowledged the comprehensive support for industries crucial to job growth and national defense.

  • Cord Byrd, Florida Secretary of State, commended the governor for ensuring that Florida maintains its reputation as a leader in aviation and space exploration.

  • Rob Long, President and CEO of Space Florida, expressed gratitude, stating, “By expanding capital investment efforts internationally, Space Florida can tap into aerospace market capabilities and create stronger alliances with key partners.”

Conclusion: Florida’s Position as a Global Leader

With the enactment of Senate Bill 1516 and Senate Bill 1662, Florida is reinforcing its position as a premier destination for investment in advanced manufacturing, aerospace technology, and transportation. The state’s proactive measures ensure that innovation in aerospace and transportation will thrive, benefiting Floridians for decades to come.

For more details about Florida’s aerospace initiatives, visit Space Florida and learn how the state is transforming into a leader in aerospace and transportation sectors.


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Aerospace DeSantis Initiatives Transportation Unveils

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