Florida State Budget Supports State’s Leadership in Space
Reinforces Florida’s Status as “The Space State”
The state budget for FY26 proposed by Florida Governor Ron DeSantis underscores his stated commitment to strengthening Florida’s aerospace sector as it enters a new era of growth. The Governor’s FY26 budget recommendations for Space Florida include $17.5 million in the operating budget and a total of $21 million for strategic, substantive aerospace project investments.
“By doubling down, Florida is once again demonstrating the proactive vision required to stay ahead in this rapidly evolving industry.”
Rob Long, Space Florida
The Governor’s budget recommendations for FY26 include investments designed to accelerate industry advancement, modernize and expand space transportation infrastructure, and ensure Florida remains competitive in an increasingly dynamic global space marketplace.
In addition to providing over $93 million through the FDOT Spaceport Improvement Program, the Fiscal Year 2026-27 Budget recommends $10 million to engage the Aerospace Investment Fund in maximizing growth in Florida’s statewide space strategy alongside commercial investments.
As Florida’s space industry continues to grow, infrastructure needs along the Space Coast will continue to be a priority. The Governor has recommended $5 million in startup funding to Space Florida to work alongside state agencies to establish additional wastewater capacity for Florida’s commercial launch providers.
“Gov. Ron DeSantis’ leadership continues to drive investments that fuel innovation, strengthen national security, and expand our aerospace workforce,” said Rob Long, president and CEO, Space Florida. “By doubling down, Florida is once again demonstrating the proactive vision required to stay ahead in this rapidly evolving industry.”
According to Space Florida, the state’s aerospace commitment is clear: bringing in more than $9 billion in private dollar potential across all aerospace projects; attracting $900 million to Space Florida accelerator startups; investing $530 million+ in space transportation projects; and supporting company growth and expansion. These investments fund the backbone of aerospace growth. The agency says these investments ensure Florida not only maintains, but expands, its indispensable role in America’s aerospace enterprise and the global marketplace.