XCOR Granted HUBZone Certification by Small Business Administration
Mojave, CA, Wednesday, May 18, 2005: XCOR Aerospace announced today that the Small Business Administration (SBA) has granted HUBZone certification to the company. The HUBzone Empowerment Contracting program provides federal contracting opportunities for small businesses. “Mojave Airport is one of the earliest examples of a military base converted to private use,” said XCOR President Jeff Greason. “Despite the isolation of the region, quality jobs are being created in eastern Kern County. HUBZone status will provide us with added opportunities when we seek government contracts.” The HUBZone program provides federal contracting assistance for qualified small businesses located in historically underutilized business zones (HUBZones). The law was created in an effort to increase employment opportunities, private investment, and economic development in areas, long neglected as potential business sites. XCOR Aerospace is a California corporation located in Mojave, California. The company is in the business of developing and producing safe, reliable and reusable rocket engines, rocket propulsion systems, and rocket powered vehicles. ###
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