In-space propulsion company eyes region for HQ

DENVER — The Colorado Economic Development Commission on Thursday unanimously approved an offer of tax incentives to a foreign aerospace company that could establish its new headquarters in the Centennial State.

The company, referred to by Colorado Office of Economic Development and International Trade staff as Project Ladybug, specializes in “in-space propulsion solutions for satellites and other spacecraft designed to simplify the user experience when integrating a spacecraft before launch,” according to OEDIT.

It is the commission’s practice not to identify companies OEDIT is recruiting until incentives are accepted.

“The company behind Project Ladybug is scouting for a permanent location in the U.S.…