The Cedar Park Economic Development Type A Board on Sept. (date not specified) approved performance-based agreements with Firefly Aerospace and Wright 1, authorizing incentive packages tied to local investments and job creation commitments.

The board’s action followed a presentation from economic development staff outlining each company’s planned investments and hiring. For Firefly Aerospace, staff described a $1,000,000 performance-based grant tied to the company’s commitment to lease roughly 44,000 square feet in Building 1 at New Hope Corporate Park, hire 300 full-time employees at an average annual salary of $140,000 and complete an estimated $3,100,000 facility finish-out. A motion to approve the resolution was made and seconded and the board approved the measure by voice vote; the transcript records members responding “Aye,” but it does not include a roll-call tally or named votes.

For Wright 1 (presented in the meeting materials and transcript as “Wright 1” or variants), staff described a plan to locate headquarters and manufacturing at Brushy Creek Corporate Center, initially operating one shift and ramping to three shifts in 2028. The presentation stated that the company would hire 164 full-time employees and complete about $15,500,000 in capital investment; it also referenced expected taxable sales generation. The transcript contains an inconsistent figure for the performance-based grant, listing “$1,200,000,000” in the spoken presentation. The board approved the Wright 1 item by voice vote after a motion and second; the transcript again records only an “Aye” response with no roll-call breakdown.

Board minutes from a special-called meeting on 09/08/2025 were also approved by voice vote.

The staff presentation that preceded the votes emphasized the companies’ potential to create higher-wage jobs and expand Cedar Park’s advanced manufacturing and aerospace footprint. The record notes that Firefly has been operating in Cedar Park since relocating parts of its business from California and that Wright 1’s modular cooling and propulsion-related systems are positioned to serve aerospace and data-center applications.

No named board member was recorded as the motion maker or seconder for either resolution in the public transcript. The transcript does not include signed vote tallies or a recorded count of how individual board members voted.

The approvals authorize the city’s economic development sales tax corporation to execute performance-based agreements and to proceed with the terms as presented; the agreements are conditioned on the companies meeting the performance targets described by staff.

Next steps noted in the meeting record are ministerial: execution of the agreements and monitoring of the companies’ performance against the hiring, investment and lease commitments included in the agreements.