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Jeff Bezos ups stake in space investment, plans to build rocket manufacturing plant

2015-09-16 16 Dailymotion

Amazon founder Jeff Bezos unveiled plans on Tuesday to build a rocket manufacturing plant and launch site in Florida to better compete with fellow billionaires using their fortunes and tech prowess to open a new frontier in human space travel and exploration.<br />Bezos'space startup, Blue Origin, intends to invest more than $200 million to build the rocket-making facility adjacent to NASA's Kennedy Space Center.<br />Blue Origin has been developing and testing a small rocket in West Texas, called New Shepard, that can travel about 62 above the planet before returning to Earth.<br />The company's new rockets, which have yet to be named, will be able to reach orbital altitudes, such as the 250- mile-high perch of the International Space Station, and beyond.

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