NewSpace Center, LLC, a 4Frontiers Corporation subsidiary, launched an initial private placement offering today that is intended to finance the first phase of INTERSPACE Florida, a real science interactive space themed destination located on a 75 acre master planned and zoned spaceport territory site eight miles from Kennedy Space Center at the Titusville Cocoa Airport (TICO).

A highly experienced core team of Central Florida based aerospace, financial, and themed entertainment professionals have assembled to support the offering and underscore INTERSPACE credibility. The company’s target is to raise $15-$20 million in equity to provide for the first tier of a three tier financing approach that also includes both public bonds and commercial debt. A total of $80 million is required to fund the first phase of INTERSPACE and bring the initial expansion to profitability. The company expects a high return on equity, projecting a five year simple payback that includes a two year period for initial design and construction.

The first phase of INTERSPACE is estimated to create 300 jobs including 200 in the company and 100 secondary positions within the local economy. Titusville and Brevard County have provided a combined ad valorem tax incentive of $1.4 million in support of this expansion. This initial development will build out one third of the site, leaving plenty of space for future planned expansions including supporting technology businesses, light manufacturing, and education facilities. 4Frontiers is also actively negotiating for a local Florida university on-site business incubator operation targeted to open with INTERSPACE.

INTERSPACE will immerse its guests in a dynamic, visceral, hands-on adventure, training with high-tech tools of the space frontier and glimpsing into the future by visiting the largest indoor Mars simulation in the world. Guests themselves will become Explorers and Settlers, bringing visions of our future into current reality. Technical accuracy comes from a 4Frontiers three year unpublished study by 70 engineers, researchers, and scientists that addressed the first two generations of a real Mars settlement. INTERSPACE incorporates study results, including the characteristics and technologies of an expanding 2,000 resident settlement.

Visit www.NewSpaceCenter.com for more information.

NewSpace Center, LLC, a 4Frontiers Corporation subsidiary, is currently conducting an initial private placement offering intended to finance the first phase of INTERSPACE Florida and bring it to commercial readiness and profitability. The offering is focused on the $15 – $20 million first tier equity portion of an overall financing requirement totaling approximately $80 million. The three tier financing approach combines private placement equity with a second (mezzanine) tier consisting of public bonds and a third tier consisting of senior debt, to achieve the total $80 million first phase requirement.

INTERSPACE, a highly realistic interactive space themed destination, will be located on a 75 acre master planned and zoned spaceport territory site eight miles from Kennedy Space Center at the Titusville Cocoa Airport (TICO). TICO officials are working with Space Florida to acquire an FAA spaceport license for the facility and there is a strong potential for Space Florida to contract with TICO for some Kennedy Space Center (KSC) Shuttle Landing Facility (SLF) operating services. Also, 4Frontiers is currently negotiating a strategic relationship for a local Florida university on-site business incubator operation.

If you are interested in this offering, please use the email link below and we will forward additional material. (Responders will not be placed on any distribution list or receive communications outside of offering information).

For specific questions on the offering, please email Joseph Palaia at [email protected] or call 508-561-2232.

Private placement equity under this offering includes an enhanced ownership share with high projected annual return and a five year simple payback period. The offering will close and financing cash flows will occur after all three tiers of financing are validated in compliance with Security Exchange Commission requirements. Minimum offering investment is $25,000 and the target investment amount is $100,000 or more per investor or investment entity.

INTERSPACE – Private Placement Offering Core Team

Leaders

Members

INTERSPACE – Consultants and Advisors

4Frontiers Strategic Relationship for a Titusville Business Incubator

Florida Today ran an article which mentioned the planned 4Frontiers headquarters and NewSpace Center’s Mars themed attraction, both of which are slated for development in Titusville, FL.

UCF’s student newspaper ran an article discussing Eathrise Space, Inc., a non-profit being supported in part by 4Frontiers. The article quoted 4Frontiers VP Joseph Palaia.

Florida Trend ran an article discussing Eathrise Space, Inc., a non-profit being supported in part by 4Frontiers. The article quoted 4Frontiers VP Joseph Palaia.

Florida Today ran an article discussing government grants sought by the Titusville Cocoa Airport Authority. One of those grants would support the INTERSPACE project being pursued by NewSpace Center, LLC.

The editors of RoadsideAmerica.com interviewed NewSpace Center, LLC manager Joseph Palaia and published an update about the INTERSPACE project on their blog.