florida.HIGH.TECH florida.HIGH.TECH 2015 | Page 57

Florida’s Space Coast has been the heartbeat of the nation’s aerospace industry since the 1950s. Guided by former President George W. Bush’s call in 2004, the shuttle was to complete its last mission in 2010 commanding a new era of spacecraft carrying humans to the International Space Station and beyond. It was officially retired in 2011. The challenge of a new day in space exploration could be exciting, if it weren’t for the reality of thousands of jobs being eliminated without a tentative timeline of a viable replacement for the Shuttle. The Shuttle shut-down meant a loss of about 10,000 jobs that resulted in Brevard County reaching an unemployment rate of 11.8 percent in January 2010 at the height of the recession. It exceeded the federal unemployment rate of 9.7 percent during the same time. at the Cape Cape Canaveral on The Corridor’s East According to the Economic Development Commission (EDC) of Florida’s Coast, located in Brevard County, supported Space Coast, one factor that kept the number from rising even higher was missile launches years before the space race foresight. began and hosts launch pads that have sent astronauts to the moon, space probes into “We did have the luxury to know this impending storm was deep space and satellites into orbit. coming, where in a lot of economies this happens over years, and The Space Coast is where you take the pulse of the industry, and as such, took a massive hit when federal agendas and budgets called for historically people don’t realize it’s taking place until one day they look out the window and they have a decimated economy,” said Lynda Weatherman, EDC president & CEO. a new vision for space exploration. However, the Cape is making a comeback. The region could not afford to lose the talent that makes Brevard County attractive to aerospace employers. For the EDC, the answer to keeping Tough Times As the economy spiraled downward following dark clouds of gloom from becoming a permanent fixture over the region was to diversify jobs along the Space Coast. the bust of a housing bubble in 2008, technicians, engineers and specialists at the Cape were staring at an inevitable event on the horizon – the decommissioning of the Space Shuttle. florida.HIGH.TECH 2015 55