Blue Origin, Boeing chart course for 'business park' in space

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

Billionaire Jeff Bezos-owned Blue Origin on Monday unveiled plans to develop a commercial space station called 'Orbital Reef' with Boeing, aiming to launch the spacecraft in the second half of this decade.The venture will be built in partnership with Sierra Space, the spaceflight wing of defense contracto

Billionaire Jeff Bezos-owned Blue Origin on Monday unveiled plans to develop a commercial space station called"Orbital Reef" with Boeing, aiming to launch the spacecraft in the second half of this decade.

The venture will be built in partnership with Sierra Space, the spaceflight wing of defense contractor Sierra Nevada Corp, and will be backed by Redwire Space, Genesis Engineering Solutions and Arizona State University. Orbital Reef will be operated as a"mixed use business park", and plans to provide the infrastructure needed to scale economic activity and open new markets in space, Blue Origin and Sierra Space said.

"Seasoned space agencies, high-tech consortia, sovereign nations without space programs, media and travel companies, funded entrepreneurs and sponsored inventors, and future-minded investors all have a place on Orbital Reef," the companies said in a statement.In July, Blue Origin had a successful debut space tourism flight, with Bezos and three others aboard. Earlier this month, 90-year-old U.S.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Evergrande, EV unit shares jump after chairman signals business shiftHONG KONG : Shares in China Evergrande Group shot up 4per cent on Monday after the embattled property developer announced plans to prioritise growth of its electric vehicles business over its core real estate operations.China Evergrande New Energy Vehicle Group Ltd stock jumped as much as 17per cent, vers
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Citigroup warns of hefty charges from South Korea consumer business closing:Citigroup Inc on Monday warned of significant charges related to the closing of its consumer banking business in South Korea, months after announcing its exit from 13 markets across Asia, Europe, Middle East and Africa.The Wall Street lender's plan is part of Chief Executive Officer Jane Fraser's turnaround
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »