LAFAYETTE, La., Aug. 25 -- The University of Louisiana at Lafayette issued the following news release:

The University of Louisiana at Lafayette applauds the historic announcement that SpaceX will establish operations in Vermilion Parish and is fully prepared to support Louisiana's emergence as a center for the commercial space industry.

University President Dr. Ramesh Kolluru congratulated Gov. Jeff Landry and Louisiana Economic Development Secretary Susan B. Bourgeois, whose "extraordinary leadership helped secure this transformational investment for Louisiana."

"SpaceX's arrival is not the beginning of UL Lafayette's relationship with space. It is the next chapter in a story decades in the making - and Louisiana must seize this moment,...