Small commercial rockets could soon be launched from Brazil’s space station near the equator, once US technology is safeguarded by the Brazilian government.

Brazilian Air Force officer Luiz Fernando Aguiar claimed Brazil has aspirations to take part in the lucrative space launch industry, which garners over $300 billion US dollars annually.

The hope is that US companies will be tempted to launch small satellites at a lower cost from the Alcantara base on Brazil’s north coast.