We got some great “Spaceport news” this week! New Mexico’s Governor, Susana Martinez, announced on May 7 that Space Exploration Technologies Corporation (SpaceX) inked a 3-year lease with Spaceport America.

SpaceX is the creator of “Grasshopper” – a rocket that is able to return to the launch pad intact for a vertical landing, rather than burning up upon reentry in the Earth’s atmosphere.

Want to see this concept in action? Here’s a video, and – it’s amazing.