AUSTIN (KXAN) — Another technology company is moving out of Austin.
Construction technology company TerraFirma, which was founded by former SpaceX engineers, will relocate its headquarters from Austin to Buda starting this month, according to an announcement from the Buda Economic Development Corporation.
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The company will move into a 40,000-square-foot “integrated HQ, R&D, and testing facility” at Tower Business Park in Buda, the announcement said. The Austin Business Journal reported that the company had previously been working out of a property in Southwest Austin that it called Robot Ranch.
According to ABJ’s reporting, Buda City Council approved $350,000 in incentives for TerraFirma last month, which includes $100,000 in funds to help with the tenant finish out and $312,500 in grants based on creating 25 jobs. The company currently has around 20 employees and plans to add another 25 by the end of the year, per ABJ.
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The Buda Economic Development Corporation said in its announcement that the new headquarters will include a dedicated outdoor testing space for the company’s robotic and AI-driven construction equipment, “providing a controlled environment to advance and refine its technology.”…