47G CEO Aaron Stark highlights Utah's aerospace growth and advanced air mobility plans

September 16, 2025 | 2025 Utah Legislature, Utah Legislature, Utah Legislative Branch, Utah


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47G CEO Aaron Stark highlights Utah's aerospace growth and advanced air mobility plans
The Public Utilities, Energy, and Technology Interim Committee of the Utah Legislature convened on September 16, 2025, to discuss significant developments in the state's aerospace and defense sectors, as well as advancements in energy technology. The meeting featured insights from Aaron Stark, CEO of 47 G, who emphasized the critical role of these industries in Utah's economy.

Stark highlighted that aerospace, defense, and space industries now account for 20% of Utah's GDP, supporting approximately 500,000 jobs. He noted the importance of the committee's work in shaping policies that will influence the state's technological landscape and economic growth. Stark pointed out that while the U.S. Department of Defense's budget continues to grow, only a small fraction is allocated to innovation, which is essential for developing new technologies and solutions for national security.

A key focus of the discussion was the emerging space economy, which encompasses not only traditional aerospace activities but also innovative fields such as space mining and tourism. Stark mentioned that Utah is positioned as a leader in advanced air mobility, with ambitious plans to implement hybrid and electric air taxis ahead of the 2034 Olympics. This initiative aims to revolutionize passenger transport, significantly reducing travel times and costs.

The committee acknowledged the unique opportunity for Utah to establish a comprehensive air mobility ecosystem, leveraging advancements in technology to enhance transportation efficiency and sustainability. Stark's presentation underscored the potential for Utah to lead in this transformative sector, aligning with national trends in aerospace and defense innovation.

As the meeting concluded, the committee members recognized the importance of continued investment and policy support for these industries, which are poised to drive economic growth and technological advancement in the state.

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