Economy & Economic Development  April 22, 2019

Astroscale considers Boulder, Broomfield for U.S. base

DENVER — A Japanese company that is developing a system to destroy space debris has selected the metropolitan Denver area as its U.S. base, including sites in Boulder and Broomfield counties.

The Denver Post reports that Astroscale, founded in Singapore six years ago, is considering Adams, Boulder, Broomfield, Denver or Jefferson counties for its U.S. base. The Colorado Economic Development Commission last month approved the company — applying as Project Capture — for up to $1 million in job-growth-incentive tax credits. The company committed to create 54 jobs paying an average wage of $108,833, according to the Post.

Astroscale is developing a satellite to track, capture and destroy space junk.

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DENVER — A Japanese company that is developing a system to destroy space debris has selected the metropolitan Denver area as its U.S. base, including sites in Boulder and Broomfield counties.

The Denver Post reports that Astroscale, founded in Singapore six years ago, is considering Adams, Boulder, Broomfield, Denver or Jefferson counties for its U.S. base. The Colorado Economic Development Commission last month approved the company — applying as Project Capture — for up to $1 million in job-growth-incentive tax credits. The company committed to create 54 jobs paying an average wage of $108,833, according to the Post.

Astroscale…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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