Jeff Bezos' Blue Origin Announces Rocket-Making Facility in Florida

September 16, 2015 6:44 AM

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Jeff Bezos' Blue Origin Announces Rocket-Making Facility in Florida

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.

Bezos' space startup, Blue Origin, intends to invest more than $200 million (roughly Rs. 1,329 crores) to build the rocket-making facility adjacent to Nasa's Kennedy Space Center.

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