There has been a lot of unexpected headlines and press lately about Spike Aerospace moving to Washington State and building a manufacturing facility there for the Spike Supersonic Jet. It is time to set the record straight, perhaps long overdue.
Spike Aerospace is in the very early stages of selecting a location for its permanent manufacturing site. We are in very early discussions with a number of state and regional officials regarding possible locations in their regions. We have also considered the possibility of manufacturing outside of the United States. However, our focus has been on 7 or 8 states and several locations with those states. The circles on the maps are just a few regions that are of interest. These are not the only locations we are exploring.
This is a very involved process that will take some time to narrow down the list to a few ‘semi-finalist’ locations. At that point, there will be far more detailed evaluation including acquisition costs, environmental impact, workforce cost/availability, supplier base, cost of doing business, regulatory issues, infrastructure, incentives and other considerations. Some locations have a high cost of doing business but great infrastructure. Other locations offer appealing incentives but limited workforce.
We expect that the selected site will include engineering and manufacturing facilities. It may also include sales, marketing and administrative offices. Additional sites may be chosen in other locations for completion centers and service centers. We have a number of requirements that need to be satisfied, and we want to give all locations a fair evaluation. Sites that might not meet our immediate needs may still be areas we want to pursue in the longer term.
We will not be publicly discussing our target dates of when a location will be selected or other stages of engineering development.
Regarding Washington State:
The officials in Washington State have been nothing but outstanding and incredibly supportive. I thank Governor Inslee and his office as well as John Thornquist and his office for all the time they have given. They have provided helpful information on Paine Field, Moses Lake, Spokane and other possible locations. There are a numerous benefits to those locations and some are at the top of our list. I look forward to working with them as the aircraft development advances and the project rolls-out.
But as I mentioned, we are talking with numerous states and the decision on where we will be located is still evolving.