Collins Aerospace has cut the ribbon on its new 120,000 square-foot facility located at the Houston Spaceport in Houston — all that's left for the global aerospace and defense company is to move in.

“Collins’ long history of innovating, developing and delivering the critical systems that have played an integral role in humankind’s exploration of space takes yet another step forward with the opening of this state-of-the-art facility at the Houston Spaceport,” says Phil Jasper, president of Collins Aerospace’s Mission Systems business, in a news release.

“This strategic location and our strong local partnerships are driving the next-generation technologies that will enable humankind to live, work and play in space,” he continues.

The new, $30 million facility for Charlotte, North Carolina-based Collins Aerospace, will feature 10,000 square feet dedicated to an incubator supporting aerospace startups.

The unique spaceflight incubator, which was announced to receive up to $25.6 million in financing from Houston Airports for capital improvements, be a place where startups, universities and industry professionals can collaborate using robotics, medicine, additive manufacturing, and more to solve complex space technology challenges.

“The expansion of Collins Aerospace at the Houston Spaceport is a crucial next step in the city’s journey to be the country’s premier next-generation aerospace and technical hub,” says Houston Mayor Sylvester Turner in the release.

“The innovative technologies created at this facility will also serve as the critical systems to support humankind’s future space exploration and habitation. We look forward to fueling the future of aerospace right here in Houston,” he continues.

Collins, which has had a presence in Houston for around 40 years, announced the new facility after reaching capacity at its other location. The expanded operations will add an additional 300 jobs in the coming years.