Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Astrobotic Expands Pittsburgh, Pennsylvania, Operations

11/18/2023
Aviation and aerospace component manufacturer Astrobotic plans to expand its operations in Pittsburgh, Pennsylvania. The $20 million project is expected to create 283 jobs.

The company has acquired and will renovate a five-story, 46,000-square-foot vacant building.

“We’re deeply grateful to the Governor for his support of Astrobotic’s growth plans. We believe Astrobotic’s latest expansion on Reedsale is a clear indicator of new high tech growth in the Commonwealth, particularly in the space industry,” said John Thornton, Astrobotic CEO. “We’re excited to continue working with Governor Shapiro and Sec. Siger to build on Astrobotic’s progress, and make Pennsylvania a nationally recognized center of space and defense innovation.”

Astrobotic received a funding proposal from the Pennsylvania Department of Community and Economic Development (DCED) for a $1,981,000 Pennsylvania First grant, a Pennsylvania Industrial Development Authority (PIDA) loan of $2.4 million, Redevelopment Assistance Capital Program (RACP) funding, and private bank financing to support the project.

“Astrobotic’s expansion in Pennsylvania is yet another outstanding example of our growing technology sector,” noted Secretary Rick Siger. “Pennsylvania, especially here in the Pittsburgh region, is known worldwide as a hub of robotics, AI, and other innovative industries, fueled by a workforce that is second to none. The Shapiro Administration is thrilled to support Astrobotic’s growth in the Commonwealth.”

Astrobotic develops space robotics technology for lunar and planetary missions as well as advanced space robotics capabilities such as terrain relative navigation, mobile robotics for lunar surface operations, and reliable computing systems for mission-critical applications. The company will launch its first spacecraft in December 2023.

“On behalf of the Allegheny Conference on Community Development, I congratulate Astrobotic on its expansion. This is a testament to the company’s grit, determination and drive for success, which has been evident since its founding in 2007,” added Allegheny Conference CEO Stefani Pashman. “The majority of Pittsburgh’s regional business investment comes from existing businesses, and homegrown companies like Astrobotic showcase a transformative journey from a two-person startup to a thriving enterprise of 200-plus, significantly contributing to the local economy. Astrobotic’s leadership in taking America back to the moon reinforces Pittsburgh’s reputation as a hub for moonshots and ambitious ventures.”

Exclusive Research