Space industry supports 6,200 jobs in the region

New study to be released in July

From rocket development and launch services to satellite and space vehicle manufacturing, a surprising variety of jobs are involved in the space industry here in the central Puget Sound region.

Space Jobs Chart 2018According to a study of the region’s space sector led by PSRC to be released in July, several companies in the region directly employ about 2,900 people in the space industry. Blue Origin employs an estimated 1,100 people, with SpaceX, Aerojet Rocketdyne, Spaceflight Industries, Planetary Resources, and Boeing also supplying direct industry jobs. Suppliers for these manufacturers also provide jobs in the space sector. Another 1,100 are indirectly created through the local supply chain and another 2,200 are induced through the spending of the industry and its employees.

The region’s Economic Development Board called for a study of the region’s space sector to help implement the region’s economic strategy, Amazing Place. Snohomish County Councilmember and Economic Development Board President Terry Ryan stated “It’s exciting to learn more about this industry that is supporting 6,200 jobs throughout our region and state. The central Puget Sound region is already a worldwide leader in aerospace and information technology, and we plan on being a world leader in the space industry as well.”

Look for more information on the space sector and its impacts on the region and Washington State while the new study is finalized in the coming weeks.

On June 26-28, the region is hosting the NewSpace 2018 conference, the premier forum for space entrepreneurs, investors, innovators, government decision makers, and commercial space companies to convene and to further advance space development.