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    ready for liftoff

    Ambitious Houston Spaceport takes off with 2nd phase of development

    Natalie Harms, InnovationMap
    Apr 23, 2024 | 9:16 am
    Houston Spaceport at Ellington Field rendering 1

    The next phase of the spaceport is taking shape.

    Rendering courtesy of Houston Airport System

    Since the Houston Spaceport secured the 10th FAA-Licensed commercial spaceport designation in 2015, the development's tenants have gone on to gain billions in NASA contracts. Now, the Houston Spaceport is on to its next phase of growth.

    “Reflecting on its meteoric rise, the Spaceport has seen remarkable growth in a short span of time. From concepts on paper to the opening of Axiom Space, Collins Aerospace, and Intuitive Machines, the journey has been nothing short of extraordinary,” says Arturo Machuca, director of Ellington Airport and the Houston Spaceport, in a news release. “These anchor tenants, collectively holding about $5 billion in contracts with NASA and other notable aerospace companies, are not just shaping the future of space exploration but injecting vitality into Houston’s economy.”

    The next phase of development, according to Houston Airports, will include:

    • The construction of a taxiway to connect Ellington Airport and the Spaceport.
    • The construction of a roadway linking Phase 1 infrastructure to Highway 3.
    • The expansion of the EDGE Center, in partnership with San Jacinto College.

    The Houston Spaceport's first phase was completed in 2019. Over the past few years, tenants delivered on their own buildouts. Last year, Intuitive Machines moved into its new $40 million headquarters and Axiom Space opened its test facility. In 2022, Collins Aerospace cut the ribbon on its new 120,000 square-foot facility.

    “The vision for the Houston Spaceport has always been ambitious,” says Jim Szczesniak, director of Aviation for Houston Airports. “Our vision is to create a hub for aviation and aerospace enterprises that will shape the future of commercial spaceflight.”

    Educational partners have also revealed new spaces, including San Jacinto College's EDGE Center, which broke ground in July of 2019, finally celebrated its grand opening in 2021. Last year, Texas Southern University got the greenlight to operate an aeronautical training hub on a two-acre site at Ellington Airport.

    “By providing the education and training needed to sustain jobs in the rapidly evolving space industry, the Spaceport is not only attracting companies but also nurturing the talent that will drive Houston's aerospace sector forward,” continues Szczesniak in the release.

    --

    This article originally appeared on our sister site, InnovationMap.

    spaceportellington airportspace
    news/innovation

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    business expansion

    New study ranks Houston in top 10 for growing small businesses

    John Egan, InnovationMap
    Oct 30, 2026 | 9:00 am
    Houston skyline at night
    Photo by Kevin Hernandez on Unsplash
    Houston ranked No. 6 on the list.

    For small businesses looking to expand, Houston might be the right place.

    Among 56 major U.S. metros, Houston grabbed the No. 6 spot on a new list of the metros boasting the strongest environments for small-business expansion.

    A 2025 report from the state comptroller’s office showed roughly 970,000 small businesses operate in the 13-county Gulf Coast region. The region includes the majority of the Houston metro area.

    “Whether it’s a family-owned shop on Main Street or a fast-growing startup, small businesses power our state’s economic engine, create opportunity, and strengthen the character of every Texas community,” Kelly Hancock, who was interim state comptroller when the report was released, said in a press release.

    Business lending platform Clarify Capital analyzed five factors to develop the list: job growth, business entry and exit, net job creation, and unemployment.

    Overall, the Nashville area claimed the No. 1 spot on the list. Other major Texas metros also cracked the top 10, including Austin at No. 3 and Dallas-Fort Worth at No. 7.

    “The highest-ranking metros combine labor-market momentum with steady business formation and relatively favorable local employment conditions,” Clarity Capital says.

    The Houston metro ranked sixth for job growth, 11th for business entry rate, 38th for business exit rate, second for net job creation rate, and 50th for unemployment rate.

    “For business owners, the ranking is a starting point rather than a guarantee,” Clarify Capital says. “Local demand, competition, operating costs, and access to capital still shape whether an expansion works.”

    “Building enough cash-flow room for hiring, equipment, and unexpected expenses can help small and midsize business owners take advantage of a strong market without stretching the business too thin,” the company adds.

    Of course, money fuels small-business expansion in the Houston area or anywhere else.

    According to an analysis of SBA loan data by feasibility consulting firm MMCG, the Houston metro area saw 1,685 approvals for 7(a) loans and 101 approvals of 504 loans in the federal government’s 2025 budget year. The approval numbers for both loan categories increased from the previous year.

    Altogether, the 7(a) and 505 loans exceeded $1 billion.

    The data from the U.S. Small Business Administration suggests small-business expansion may be on the rise in the Houston area.

    Further potential evidence of small-business expansion in the Houston area: The region experienced a 92 percent rise in account applications from 2024 to 2025 submitted to Bluevine, a small-business banking platform. The Houston metro ranked fifth for the number of Bluevine small-business applications in 2025.

    ---

    This story was originally published on our sister site, InnovationMap.

    reportsinnovation
    news/innovation

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