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South America

Blue Origin to expand Florida campus with new $600 million facility

Blue Origin, the rocket and lunar lander company controlled by Jeff Bezos, said it will build a $600 million production and integration facility next to its existing Cape Canaveral campus in Florida. The company says the expansion is meant to accelerate New Glenn and Blue Moon programme throughput.

Cape Canaveral coastline in daylight with clear sky and ocean
Photo: B.Bailey / Pexels
Investing.com Americas1 h ago

According to the company announcement, ground will be broken in June and the new facility is scheduled to come online by the end of 2027. The expansion will add about 87,000 square metres of production and integration space and roughly 1,000 highly skilled jobs to the existing Cape Canaveral campus.

Chief Executive Dave Limp said Blue Origin aims to lift its New Glenn launch cadence to two flights a month by early 2026 and that the Blue Moon Mark 2 lunar lander programme remains on track to NASA's Artemis schedule. Florida Governor Ron DeSantis described the project as 'a historic space-economy investment for the state'.

The announcement lands as competition with SpaceX intensifies, with Starship V3 testing and Elon Musk's company preparing a record initial public offering. Investing.com notes the build-out should reinforce Blue Origin's position in commercial satellite launches and government contracts. Readers should weigh personal investment decisions with a qualified financial adviser.

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This article is an AI-curated summary of the original story published by Investing.com Americas. The illustration is a stock photo by B.Bailey from Pexels and is not from the original story.

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