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Blue Origin Plans $550M Texas Facility for Satellite Production
Blue Origin is investing $550 million in a new satellite manufacturing complex in central Texas, named Constellation Park, to boost production for its space initiatives. This facility will produce spacecraft for the TeraWave broadband constellation and tracking antennas for the Quartz Network. This news follows founder Jeff Bezos's confirmation of a $10 billion equity round, valuing the company at about $140 billion, as it prepares for a future IPO.
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