ANNUAL REPORT FISCAL YEAR 2019/2020

6525 3rd Street, Suite 304 Rockledge, FL 32955 www.SpaceCoastEDC.org EDCofFloridasSpaceCoast

www.SpaceCoastEDC.org SPIRIT OF THE SPACE COAST: REASONS FOR OPTIMISM

iscal year 2019/2020 was a year few expected. Brevard County witnessed the return of manned In March of 2020, we went from excitement spaceflight from our very beaches. as the Space Coast prospered, to concern for our friends, family, community, and economy. We saw In April, the EDC joined Governor Ron DeSantis in many changes in our lives, both at home and in the exciting announcement that Aerion Supersonic business. However, one thing did not change – the will form a new global headquarters and integrated enduring spirit of our community. campus for research, design, build and maintenance of the company’s supersonic aircraft in Melbourne. Looking back at our region’s storied history, we The new project represents a multi-year $300 understand the meaning of resiliency. From the million investment that is expected to generate days of Apollo, the Great Recession, and just a at least 675 jobs in Florida by 2026. decade ago, the end of the Shuttle program. As we enter 2021, we will reflect on 2020 and With each setback, the “can-do” spirit of the Space remember how our spirit carried us through the Coast fueled another comeback, each time a little challenges and celebrate our resiliency as our stronger than before. 2020 is no exception. community continues its path into our next great era. The years of hard work from our EDC and community have diversified and strengthened The Palm Bay-Melbourne-Titusville Metropolitan our economy to endure another possible setback. Statistical Area (MSA) landed #10 on the Milken And that is exactly what we witnessed this fiscal Institute’s Best Performing Cities 2020: Where year. While some of our counterparts in the state America’s Jobs are Created and Sustained. faced unemployment at a staggering 29%, Brevard County never went above 13%. And, in the midst of it all, new product lines were announced, hiring Joseph T. Mayer Lynda L. Weatherman continued, new developments prospered and Chair of the Board President & CEO

MISSION METHOD Secure Brevard County’s economic future Community support, advocacy, collaboration, communication and education

EDC OFFICERS

Joseph T. Mayer Julie Song Bart Gaetjens Kirk Hall Lynda L. Weatherman Chair Chair-Elect Secretary Treasurer President & CEO

2 EDC OF FLORIDA’S SPACE COAST | FY 19/20 ANNUAL REPORT Pictured (left): EDC Annual Meeting, October 2019. www.SpaceCoastEDC.org 3 The EDC’s initiative for its military advocacy efforts,Space Coast Salutes; a Celebration BUSINESS ENVIRONMENT of Our Military with the Economic BUSINESS ENVIRONMENT: CULTIVATE A BUSINESS-FRIENDLY Development Commission of Florida’s ENVIRONMENT AND ADVOCATE FOR PRO-BUSINESS POLICIES Space Coast, continued to showcase AND PROGRAMS. Brevard County as a place where military and their families are welcome, and where they n March, after the first shutdowns for COVID-19 know they are a vital part of our community were ordered, the EDC immediately jumped through a targeted social media campaign. into action forming its manufacturing resiliency team to lead the charge for the Space Coast’s The EDC led the response to advocate for manufacturing industry. Outreach efforts engaged the permanent basing of the U.S. Space more than 700 contacts representing 500-plus Command in Brevard County. Working with Brevard County manufacturers to offer assistance, many community partners to the USAF assess capabilities and critical needs, and request for extensive information about troubleshoot breaks in supply chains that could the community’s ability to host the joint be filled by local businesses. From these efforts, combatant command, the EDC created Airon Corporation, a Melbourne-based ventilator a tiger team to respond to, prepare, and manufacturer, was sucessful in partnering with execute this competitive process. Ford Motor Company and General Electric to produce 50,000 additional ventilators in just 100 days, making national news.

In addition, the EDC teamed up with Melbourne- based BCAF Trading, Inc. to donate disposable masks to vulnerable groups and to Patrick Air Force Base for use by military families. Medical masks and KN95 masks were also donated and delivered to the United Way of Brevard to be distributed to various local non-profits working on the front line.

The EDC’s regional manufacturing association, MASC, expanded offerings and educational opportunities in addition to strengthening the manufacturing resiliency team. Twelve webinars were held throughout the year to promote and educate local manufacturers on important topics in their industry. In addition, MASC launched its “Doing Business With” webinar series, introducing manufacturers or other small businesses with local corporations, including Lockheed Martin, Boeing and Blue Origin to learn general information on doing business with these companies. $1,067,000 Pictured above: (Second image) Janice Scholz, Tonya Holder, Judy Blanchard and AWARDED Michael Kepner on the panel for MASC’s meeting on regional apprenticeships, February through state of Florida defense grants, 12, 2020; (third image) United Way of Brevard President Robert Rains (left) receives a directly benefiting the Brevard County donation of PPE masks from EDC President & CEO Lynda L. Weatherman (right, middle) Emergency Operations Center (EOC) Civil and BCAF Trading, Inc. of Melbourne (right). Site Preparation project.

4 EDC OF FLORIDA’S SPACE COAST | FY 19/20 ANNUAL REPORT www.SpaceCoastEDC.org 5 BUSINESS DEVELOPMENT BUSINESS DEVELOPMENT: CREATE POSITIVE ECONOMIC IMPACT BY ATTRACTING AND RETAINING INVESTMENT WITHIN TARGETED INDUSTRIES.

n April, the EDC announced Aerion Supersonic selected Brevard County to Brevard County is home to the pioneers of construct a new state-of-the-art campus, Aerion Park, in Melbourne, Florida. “ space exploration and now the pioneers Aerion Park will form a new global headquarters and integrated campus for research, of sustainable supersonic transportation. design, build and maintenance of the company’s supersonic aircraft. The new project Aerion Park raises the profile of Florida’s represents a multi-year, $300 million investment that is expected to generate a Space Coast as the premier site for the

minimum of 675 jobs by 2026. most innovative aerospace companies in

the world and is an example of what can be Many past EDC project announcements continued their positive economic impact accomplished, even in the most“ challenging within the county. Embraer announced the newest jet in their lineup, the Phenom 300MED, would join the lines of production in Melbourne, FL. L3Harris Technologies times, when the EDC and its state and local is continuing to expand its Space Coast operations. Local employment has risen to partners work together. 7,600, up from the pre-merger figure of 7,100. Lockheed Martin announced they would be revamping the U.S. Astronaut Hall of Fame in Titusville into its newest - Lynda L. Weatherman spacecraft facility for the assembly of the Orion spacecraft, the capsule Lockheed is building for NASA’s upcoming moon missions. Blue Origin proceeded with an additional $60 million investment in Exploration Park. Boeing Space and Launch, which the EDC announced the relocation of its headquarters to Titusville in June 2019, continues to achieve milestones toward delivery of the first two core stages of NASA’s Space Launch System, for un-crewed and crewed missions. SpaceX continues to see heavy launch activity with its Falcon 9 and Falcon Heavy spacecraft, and successfully launched American Astronauts Doug Hurley and Bob Behnken from American soil, the first crewed launch in the U.S. since 2011.

Pictured: The digital rendering of Aerion Supersonic’s campus, Pictured above: Embraer Phenom 300MED jet model to be produced in Melbourne, FL; Aerion Park to be NASA astronauts Bob Behnken and Doug Hurley. constructed in Melbourne, FL.

6 EDC OF FLORIDA’S SPACE COAST | FY 19/20 ANNUAL REPORT www.SpaceCoastEDC.org 7 INNOVATION INNOVATION: BUILD AN ECO-SYSTEM SUPPORTIVE OF INNOVATION AND ENTREPRENEURSHIP CONNECTING ACADEMIC, CORPORATE, AND FINANCIAL RESOURCES.

he EDC partnered with NASA to host an information seminar for manufacturing and technology companies. The seminar focused on strategies to successfully communicate technology solutions and how to pursue the NASA Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs within NASA.

In January, the EDC hosted an interactive seminar focused on the U.S. Patent and Trademark Office’s (USPTO) initiatives and priorities. Twenty-five local manufacturing and technology companies attended the informational session, which was led by Elizabeth Dougherty, Eastern Regional Outreach Director of the USPTO.

The EDC continues to work with partners such as NASA and Groundswell Startups to identify and further the Space Coast’s innovation ecosystem. The EDC continued its partnership with GrowFL to identify and support second- stage entrepreneurs in Brevard County.

Pictured: MASC seminar on NASA’s Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs, December 12, 2019

8 EDC OF FLORIDA’S SPACE COAST | FY 19/20 ANNUAL REPORT www.SpaceCoastEDC.org 9 415 WORKFORCE STUDENTS HAVE BEEN TRAINED WORKFORCE: SUPPORT AND PROMOTE A QUALIFIED SINCE SEPTEMBER 2016 WORKFORCE MEETING CURRENT AND FUTURE INDUSTRY NEEDS THROUGH TARGETED PROGRAMS AND INITIATIVES. he EDC’s Talent Attraction program, a critical component of the EDC’s business recruitment and retention program of work, he Certified Production Technician Program, most 68 continues to gain momentum through its Live commonly known as the CPT program, continues to Big Space Coast campaign. Behind the scenes, grow, as the EDC builds the next generation of Brevard’s MANUFACTURERS ACROSS the EDC continues to promote Brevard as the manufacturing workforce. This course continues to not BREVARD NOW EMPLOY location to launch a rewarding career with an only provide training, it also provides workforce-ready skills CPT GRADUATES unparalleled quality of life. with 88% of CPT certified students securing employment. The program has grown to include career exposure tours, During the fiscal year, the EDC published HR and interview skills sessions, and private job fairs. % “Launches and Lagers: The Live Big Guide to Spacecraft Beer Pairings on The EDC continues to tell the story of modern 88 Florida’s Space Coast” which is hosted manufacturing through its See Manufacturing Through on the brand new Live Big website, New Eyes campaign. During the fiscal year, ads were OF CPT CERTIFIED STUDENTS www.LiveBigSpaceCoast.com. placed throughout Brevard County in print publications SECURE EMPLOYMENT and modern media such as online radio and social media In addition, the EDC continued to organically to drive interest in the CPT program and a career in grow its social media presence through manufacturing. % Instagram and Facebook with plans for future 87 collaboration within the community.

COMPLETION RATE

10 EDC OF FLORIDA’S SPACE COAST | FY 19/20 ANNUAL REPORT www.SpaceCoastEDC.org 11 Best destinations for COMMUNITY OF CHOICE new manufacturing COMMUNITY OF CHOICE: DISTINGUISH FLORIDA’S SPACE COAST AS jobs in Florida. THE PLACE TO LIVE AND WORK PARTNERING WITH ORGANIZATIONS TO DEFINE AND MARKET COMMUNITY ASSETS. Florida TaxWatch, 2019 espite the hardships of COVID-19, the EDC’s newest strategic focus area, Community of D Choice, built momentum during the fiscal year. Staff, volunteers, and partners met to discuss the next steps of this vision to distinguish Florida’s Space Coast as the place to live and work.

Throughout the year, the EDC’s marketing team released imperative information related to COVID-19 business continuity resources. The EDC released two new websites, Melbourne named #1 Most concentrated www.SpaceCoastEDC.org and www.LiveBigSpaceCoast.com, setting the EDC up best place to live near high-tech economy in for future success to tell the Space Coast story. the beach in the U.S. Florida, and #10 in the U.S. U.S. News and World Report, 2019 Milken Institute, 2019

#2 Highest industry #10 Best-Performing diversity index in Florida. Large City in the U.S. THE SPACE COAST: #1 Highest share of high-tech/STEM Florida Gulf Coast University, 2020 Milken Institute, 2020 jobs in Florida, and #12 in the U.S.

24/7 Wall Street, 2019

12 EDC OF FLORIDA’S SPACE COAST | FY 19/20 ANNUAL REPORT www.SpaceCoastEDC.org 13 BOARD OF DIRECTORS FY 19/20 CHAIR: Mr. Joe Mayer* CVG Strategy, LLC Mr. Todd Morley Honorable Matthew Susin* Lockheed Martin Space Ms. Melissa Goldman City of Cape Canaveral CPT Council Chair Mr. Jason Alford* Space Coast Association of REALTORS Ms. Marci Murphy Mr. Todd Sutherland Health First Health Plans Ms. Debbie Goode* CareerSource Brevard Satcom Direct Ms. Gwendolyn Anello Carr, Riggs, & Ingram, CPA’s & Advisors Mr. Gary Neal, P.E. Mr. Rich Sutter Anello Consulting/Drupal Easy Mr. Bo Green M.E.C. Contractors Engineers Representing Commissioner Isnardi Ms. Kristin Bakke, CAE All Service Graphics, Inc. Honorable Jo Lynn Nelson Mr. Tony Taliancich LEAD Brevard Mr. Rich Grey City of Titusville United Launch Alliance Mr. Jim Barfield Delaware North Companies Parks & Resorts at KSC, Inc. Mr. Micah Nix Mr. Al Taylor* Luke & Associates Mr. Bill Guyan* Representing Commissioner Lober Representing Titusville Area Chamber of Commerce Ms. Courtney Barker Leonardo DRS Mr. Kyle Nylander Mr. Stephen C. Thomas City of Satellite Beach Mr. Kirk Hall* Boys Electrical Contractors, LLC Lowndes, Drosdick, Doster, Kantor & Reed, P.A. Mr. Kevin Barry Sentry View Systems Mr. Craig Olson Ms. Christine Thompson* Rossway Swan Tierney Barry & Oliver, P.L. Ms. Gail Hart* Thales USA At-Large Representative, Carr, Riggs, & Ingram, CPA’s & Advisors Ms. Kim Belardinelli Caliburn International Mr. Daniel Pierron Mr. Emmanuel Tormes* TD Bank Ms. Debbie Harvey Widerman Malek, PL The Boeing Company Mr. Charles R. Berry II Ron Jon Surf Shop Mr. Todd Pokrywa* Mr. Esteban Valentin TotalCareIT Mr. Phil Hayes, MBA, AVA The Viera Company & representing Melbourne Regional Chamber East Tsunami Tsolutions Mr. Barney T. Bishop Berman Hopkins Wright & LaHam, CPAs and Associates, LLP Central FL Mr. David Volk Barney Bishop Consulting, LLC Mr. Tom Hermansen Mr. Dan Pollock Volk Law Offices, P.A. Ms. Leah Blackmore Ocean Partners Associates, LTD AT&T Florida Dr. Abram Walton, Ph.D* Courtyard by Marriott Melbourne West Ms. Susan Hodgers Mr. Travis Proctor* Innovation Council Chair, & Florida Institute of Technology Ms. Bonny Block Representing Commissioner Smith Artemis, Inc. Mr. Bradley White* The Austin Company Mr. Gordy Houser* Mr. Gary Prus Government Relations Council Chair, & WhiteBird, PLLC Ms. Julie Braga Lockheed Martin Space Parametric Solutions, Inc. Ms. Lisa Wilder Residence Inn Melbourne Ms. Trudie Infantini Mr. Jonathan H. Reed PNC Bank Mr. Thomas Brandon Representing Commissioner Tobia At-Large Representative, Strategy First LLC Mr. Bill Williams Brandon Development Honorable Kristine Isnardi* Ms. Dina Reider-Hicks* A Cut Above Video Productions, Inc. Ms. Linda S. Brandt Brevard County Board of CC Waste Management & representing Cocoa Beach Regional Chamber Mr. Michael H. Williams Brandt Ronat & Company Ms. Sharon Ivory Ms. Kimberly Rezanka, Esq. M.H. Williams Construction Group Mr. Scott Brazdo Rockledge Regional Medical Center Cantwell & Goldman, P.A. Mr. Pete Woods Black Tie Digital Marketing Mr. Walt Jackim Ms. Valia Rich Meridian Property Group, LLC Ms. Colleen Browne* Data Corporation of America Regions Bank Mr. Eric Wright Keiser University & Governance / Finance Council Chair Mr. Neal Johnson* Ms. Jennifer Rogers Space Coast Magazines Mr. Mark Busalacchi* Union Home Mortgage & AVT Council Chair W + J Construction Ms. Laura Young* Orlando/Melbourne Int. Airport Ms. Joan Junkala* Ms. Wendy Romeu Dean Mead Mr. Andre Cameron, LEED GA City of Palm Bay Alluvionic Turner Construction Company Honorable Wayne Justice* Honorable Hal Rose Ex-Officio Members Ms. Holly Carver Canaveral Port Authority City of West Melbourne Ms. Kelly Billon Representing Commissioner Pritchett Ms. Dana Kilborne* Mr. Corey Runte Lead Brevard 2020 “4 Under 40” Ms. Laura Chiesman, CFP Dana Kilborne Certified General Contractors Mr. Bryan Bobbitt FirstWave Financial Mr. David Kornick* Mr. Gilbert Russell* Lead Brevard 2020 “4 Under 40” Mr. Daniel Ciuro* L3Harris Technologies At-Large Representative, Seacoast Bank Ms. Anne Conroy-Baiter Space Coast Defense Alliance Chair Ms. Julie Korountchev Mr. Jack L. Ryals Junior Achievement of the Space Coast Ms. Roz Clark Hilton Melbourne, FL Orlando Melbourne Intl. Airport Mr. Peter Cranis Space Foundation Mr. Gary Krueger Ms. Kimberly Santiago Space Coast Office of Tourism Mr. Chris Conneen TLC Engineering Solutions, Inc. Paul Davis Restoration of the Space Coast Mr. Frank DiBello Pizza Gallery & Grill / Edible Art Catering Mr. Michael Lapidus Mr. Mark A. Schramek* Space Florida Mr. Brian Curtin, P.E.* Space Exploration Technologies Embraer Executive Aircraft Mr. Robin Fisher BRPH Companies Mr. Brian Lightle* Capt. Winston Scott North Brevard Economic Development Zone Mr. Bill Davis At-Large Representative, Lightle Beckner Robison, Inc. Florida Institute of Technology Hon. Kenny Johnson IM Solutions, Inc. Mr. Jordan Luhn Ms. Leah Selig* Lead Brevard 2020 “4 Under 40” Mr. Craig Day LifeStyle Homes, Inc. Space Coast Association of REALTORS Ms. Claudia Jones* DRB Packaging Mr. Thomas Mahle Mr. Summit Shah Dean Mead Mr. Joseph Desanti Palm Point Behavioral Health Southeast Petro Distributors, Inc. Mark Mullins, Ed.D. BankUnited Mr. Ben Malik Ms. Karen Skyers, Esq. Brevard Public Schools Ms. Cindy Dittmer, AICP* CenterState Bank Charter Communications/Spectrum Ms. Janet Petro City of Melbourne Mr. Frank Margiotta Mr. Forrest Smalley NASA Ms. Kirsten Dreggors Eastern Florida State College Florida City Gas Mr. Andrew Pickett Northrop Grumman Corporation Ms. Lesley-Anne Marks Ms. Lynn Smith Lead Brevard 2020 “4 Under 40” Dr. Stephany Eley GrayRobinson, P.A. Parrish Healthcare Mr. Rob Rains Christian Care Ministry Ms. Dawn Mays Ms. Julie Song* United Way of Brevard Mr. Dan Evans Call One, Inc. & Hello Direct, Inc. FL Business & Mfg. Solutions Col. Brande H. Walton At-Large Representative, Evans Butler Realty, Inc. Ms. Stephanie McLoughlin Mr. Scott Sorensen 45th Space Wing Mr. Sean Farrell FLORIDA TODAY Communications Sorensen Moving & Storage City of Rockledge Ms. Mary Mead Ms. Natasha Spencer Mr. Al Forbes Viera Builders Shelter Mortgage – Florida * Executive Committee Members RUSH Construction Inc. Mr. Jason Miller Ms. Lisa Steffen Mr. Bart Gaetjens* Bank of American/Merrill Lynch Collins Aerospace Florida Power & Light Company Ms. Jessica Moore* Mr. Brett Strassel* www.SpaceCoastEDC.org Mr. Kevin M. Gholston Representing Greater Palm Bay Chamber Hedrick Brothers Construction 15 www.SpaceCoastEDC.org EDC ANNUAL REPORT 6525 3rd Street, Suite 304 FISCAL YEAR 2019/2020 Rockledge, FL 32955