The goal of the legislation is to keep Virgin Galactic as the anchor tenant at Spaceport America and to attract more commercial space companies to the state.
The Legislature approved the measure that Martinez has said is critical for New Mexico to develop a commercial space travel industry. The liability limit would provide a partial legal shield for spacecraft manufacturers and their suppliers.
British billionaire Richard Branson's Virgin Galactic plans to fly tourists into space from the nearly complete spaceport near Truth or Consequences.
- The Buzz: The Buzz: Fuzzy food 4/3/13
MORE HBJ HEADLINES
Marysville Kmart, chain’s last store in Snohomish County, closing Encourage young adults to start saving early Briefs: Edmonds pet groomer takes second place in contest Electric Mirror reflects on past, future at headquarters opening Southwest pilots sue carrier to block flying of Boeing’s Max Colleges announced for Pell ‘dual enrollment’ program