Agile Space Industries to Expand Operations at Durango-La Plata County Airport
Agreement Expected to Create New Jobs, Support Manufacturing Growth
A new lease agreement between Durango-La Plata County Airport and Agile Space Industries, Inc. is in the final stages of approval by the City of Durango as of late August. The partnership intends to push economic development and aerospace innovation in the region, according to a news release by the city of Durango.
“I think this is a really good example of the city working with the private sector to help bring jobs into Durango.”
Tom Sluis, City of Durango
Agile Space Industries has had a presence at the airport since it began leasing space there for a test site in 2013 – but the new lease deal will allow Agile to expand into a second, adjacent building at 820 Airport Road, just north of the airport terminal, according to Durango-La Plata County Airport Aviation Director Tony Vicari. The lease deal will stretch Agile Space Industry’s footprint at the airport to around 40,000 square feet, he said, allowing the fast-growing company a much needed stretch of the legs.
Under the lease terms, Agile will pay DRO over $1.1 million in base rent over five years, with the company assuming responsibility for utilities, maintenance, and property taxes. The airport retains responsibility for capital improvements and insurance. Agile plans to invest in significant facility upgrades, including advanced manufacturing equipment, clean rooms, and collaborative office spaces, further enhancing the site’s capabilities, according to the city news release.
Agile Space Industries has been in Durango for the last 15 years, and the company has been accelerating over the past four, said Agile Space Industries Chief Operating Officer David Cuthbertson. “We’re just needing more space,” he said.
Cuthbertson said the new facilities will be used as a manufacturing center, which will involve research, design and early production of lunar landers, as well as promote work on satellite engines, tanks and propulsion systems. Agile sees the expansion as a positive not just for the company, but for the economic community on the whole, as the new facilities could provide as many as 70 new jobs in the Durango area by the end of 2026.
“I think this is a really good example of the city working with the private sector to help bring jobs into Durango,” said city of Durango spokesman Tom Sluis.
“The jobs that Agile is creating are very desirable jobs,” said city of Durango Prosperity Officer Mike French. “They’re high-paying jobs in an industry (aerospace) that is really important for Durango to have.”