Texas has long been known as a state of innovation, a place where big ideas take root and flourish. This was evident at the Capital Factory’s recent Fed Supernova event in Austin, where the brightest minds in the technology, defense, and government sectors came together to collaborate on cutting-edge solutions that enhance our national security. Early last week, the Brownsville Chamber of Commerce 'Bridging Borders and Beyond' luncheon was another powerful reminder of the transformative impact that SpaceX and U.S.-Mexico relations can have in the Lone Star State, specifically in the Rio Grande Valley region. Texas is already a leader in aerospace and defense innovation, and we’re just getting started.
In Brownsville, now referred to as the “gateway to Mars”, I had the privilege of participating in the Brownsville Chamber’s event and leading a panel discussion with some of the region's key leaders and innovators, including Brownsville City Manager Helen Ramirez, Starbase General Manager Kathryn Lueders, Executive Director of the Texas Space Commission Norman Roy Garza Jr., and Mexican Consul Judith Arrieta Munguia. Our conversation centered on the economic opportunities that SpaceX brings to South Texas, along with the infrastructure investments that are needed to support this growth.
SpaceX will continue to bring extensive job opportunities and visibility to the Rio Grande Valley in particular and we can already see the impact in Brownsville. President and CEO of the Brownsville Chamber of Commerce Esmy Villarreal’s dedication to community growth has been instrumental in driving these positive changes in the city. This isn't just about launching rockets; it's about launching careers and building a sustainable future for our local communities. As Helen Ramirez rightly pointed out, “In the past, historically, certain wage-earners, to make a better wage, they would leave…now they can actually stay at home, live here, work here, raise their families here and not have to leave.” The opportunities created by SpaceX redefine what it means to live and work in South Texas.
Similarly, last week’s Fed Supernova event in Austin underscored Texas’ growing role as a leader in defense technology and innovation. The convergence of entrepreneurs, military leaders, and tech innovators at this event was nothing short of spectacular. We had the honor of hearing Congressman John Carter’s insights on the vital role of the U.S. Army Futures Command, headquartered right here in Austin. The technology being developed and deployed is crucial not just for Texas, but for the entire nation’s security. As Governor Greg Abbott underscored at the recent TxEDC Investor Summit, the future belongs to those who lead in space and artificial intelligence (AI). We know that leader can and should be Texas under Governor Abbott’s divisive leadership.
Projections from Morgan Stanley indicate that by 2040, the global space industry is likely to reach a staggering $1 trillion. Texas is already laying the groundwork to be at the forefront of this burgeoning market. From SpaceX’s ambitious projects in Brownsville to the innovative ecosystem in Austin, Texas is uniquely positioned to dominate the aerospace and defense industries. Texas is known for attracting the best talent and investment from around the world, and we need to continue perpetuating momentum to remain a leader across sectors.
Texas is on the brink of something truly transformative. We are not just participating in the space and defense sectors; we are leading them. Our commitment to innovation, collaboration, and key investments in infrastructure statewide will ensure that Texas remains a key player on the global stage. The best is yet to come for Texas – the best business climate in the galaxy.
- Glenn Hamer, President & CEO, Texas Association of Business
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