GoKawiilBlue Origin to spend $330 million expanding Florida facilities for New Glenn
Blue Origin announced a $330 million expansion of its Rocket Park campus in Cape Canaveral, adding two launch and landing pads for its New Glenn rocket and boosting upper-stage production capacity to 150 units annually. The expansion, expected to finish by summer 2027, aims to support multiple New Glenn launches per week by the end of the decade, the company said in a blog post from SVP Ian Richardson.
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The investment signals Blue Origin's push to scale up launch frequency as it competes with SpaceX for government and commercial contracts, following a reported $10 billion funding round that valued the company at $140 billion. The expansion also comes after a New Glenn rocket exploded on the pad in May, suggesting the company is betting heavily on recovery and growth despite that setback.
- Blue Origin plans a $330 million upgrade to its Cape Canaveral facilities, completing by summer 2027.
- The expansion will add two New Glenn launch pads and raise upper-stage production to 150 units per year.
- The move follows a reported $10 billion funding round valuing Blue Origin at $140 billion and a May launchpad explosion.
Source: cnbc.com — Annie Palmer, 2026-10-16
Published there as: “Blue Origin plans $330 million Florida expansion to ramp New Glenn launches”
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