Advertisement
Singapore markets close in 1 hour 58 minutes
  • Straits Times Index

    3,175.13
    -12.53 (-0.39%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,242.22
    -143.65 (-0.88%)
     
  • FTSE 100

    7,877.05
    0.00 (0.00%)
     
  • Bitcoin USD

    64,580.44
    +3,432.18 (+5.61%)
     
  • CMC Crypto 200

    1,311.23
    -1.40 (-0.11%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • Dow

    37,775.38
    +22.07 (+0.06%)
     
  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     
  • Gold

    2,399.10
    +1.10 (+0.05%)
     
  • Crude Oil

    83.90
    +1.17 (+1.41%)
     
  • 10-Yr Bond

    4.6470
    0.0000 (0.00%)
     
  • FTSE Bursa Malaysia

    1,549.08
    +4.32 (+0.28%)
     
  • Jakarta Composite Index

    7,063.10
    -103.72 (-1.45%)
     
  • PSE Index

    6,419.35
    -103.84 (-1.59%)
     

Blue Origin unveils artistic rendering of space station

Billionaire Jeff Bezos-owned Blue Origin on Monday (October 25) 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.