Jeff Bezos’ Space Company Plans to Expand to Florida

Amazon President, Chairman and CEO Jeff Bezos speaks at the Business Insider's "Ignition Future of Digital" conference in New York City December 2, 2014. (PHOTO CREDIT: Reuters/Mike Segar)
Amazon President, Chairman and CEO Jeff Bezos speaks at the Business Insider’s “Ignition Future of Digital” conference in New York City December 2, 2014. (PHOTO CREDIT: Reuters/Mike Segar)

Amazon founder Jeff Bezos is ramping up his investment in commercial space, with plans for a rocket manufacturing plant and launch site in Florida, officials said on Tuesday.

“This is… the evolution of a new commercial space industry in Florida,” said Frank DiBello, president of Space Florida, a state-backed economic development agency that spearheaded the project.

Bezos’ space company, Blue Origin, will spend more than $200 million on the project, which will complete against industry behemoth United Launch Alliance, a partnership of Lockheed Martin and Boeing, as well as privately owned SpaceX, founded and operated by technology entrepreneur Elon Musk.

SOURCE: Reuters, Irene Klotz

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