Spaceport America Appoints New Business Development Director

Category: Non-Local News Releases Non-Local News Releases
Published: 26 March 2023 26 March 2023

Sierra County, NM (March 22, 2023)- Dr. Francisco Pallares has been selected as the new Director of Business Development at Spaceport America. Dr. Pallares joins the New Mexico Spaceport Authority from Sul Ross State University and was the former Deputy Director for Economic Development at the City of Las Cruces.  

“Francisco brings an important and expert perspective to the New Mexico Spaceport Authority (NMSA)” said Scott McLaughlin, Executive Director for NMSA. “Spaceport America’s mission is to build the aerospace sector in the state and region, and with his guidance, we can better focus on customers who can help us with that transformational change.”  

Dr. Pallares has over 10 years of experience in applied economic development and economic research. His background includes leading projects on revenue forecasting, cost benefit analysis, economic impact analysis, fiscal impact analysis, local and small business development, COVID recovery strategies including those for workforce development programs to support vulnerable populations and displaced workers, and diversification of employment opportunities. 

Dr. Pallares’ research has been published in economic journals such as Economic Development Quarterly, Journal of Borderland Studies, Regional Science Policy and Practice, and Asian Economic and Financial Review. "Spaceport America has a responsibility to push the boundaries of innovation in the aerospace industry and make a positive impact in the communities where we operate” said Dr. Francisco Pallares. “I'm glad to join an organization that is committed to making a difference in the lives of people around us. Whether it's supporting local education initiatives, bringing new aerospace companies to Spaceport America and our region, or empowering the next generation of aerospace leaders with events like Spaceport America Cup, we know that our success is intertwined with the well-being of the communities we serve. We believe that by working together, we can create a brighter future for the aerospace industry in our area".

Dr. Pallares acquired his doctorate in Economic Development from New Mexico State University, and a master’s in economics and bachelor’s from the University of Texas at El Paso. 

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