The owner of a large industrial site on the Georgia coast said Thursday that it has ended a longstanding agreement to sell the property to a county government whose officials worked for years on a plan to build a launch pad for commercial rockets there.
Opponents who fear the proposed Spaceport Camden would pose serious safety and environmental risks hailed the development as a potential deal breaker for the project, which Camden County officials have spent a decade and more than $10 million pursuing.
Union Carbide Corporation owns 4,000 acres (1,600 hectares) in the county where commissioners have pursued the spaceport for launching satellites into orbit. The county government in 2015 entered into an option agreement with the company to buy the land once the county obtained a spaceport operator license from the Federal Aviation Administration.
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