From October 20 to 22, along the banks of Shanghai's Huangpu River, the 2026 Sustainable Global Leaders Conference will return once again. Nobel Prize and Turing Award winners will take the stage to discuss the future and trends of technology, and the internet-famous professor who "rescues" people from anxiety and involution, Michael Macfarlane, will hold a live dialogue with Xiang Biao!
Limited seats, first come first served. Let us join together for the appointment with sustainability! [Click to register] Core points: Jeff Bezos-backed Blue Origin plans large-scale upgrades and renovations to the rocket infrastructure, launch and recovery landing pads at its Cape Canaveral base in Florida.
Blue Origin's goal: to achieve multiple launches per week of the "New Glenn" rocket before 2030. A Blue Origin executive said: "All investment revolves around the same goal - improving capability and carrying out more space missions more reliably and efficiently."
Blue Origin, founded by Bezos, announced on Friday that it will massively upgrade its Florida launch facilities, with the goal of achieving multiple rocket launches per week by the end of this decade. The company will add two new launch and landing pads for the heavy-lift, partially reusable New Glenn rocket.
Blue Origin said the $330 million expansion project of the Cape Canaveral "rocket campus" is expected to be completed in the summer of 2027, and after completion, the annual production capacity of the New Glenn rocket's upper stage will reach up to 150 units. Related content comes from Blue Origin's official blog post.
Blue Origin Senior Vice President of Operations Ian Richardson wrote in the blog post: "All investment revolves around the same goal - improving capability and carrying out more space missions more reliably and efficiently. Looking ahead, this infrastructure is designed to achieve multiple launches per week by the end of this decade."
Blue Origin is fully committed to increasing launch frequency and competing with its main rival SpaceX for commercial and government customer orders. Last month, the company told Morgan Brennan that its first round of external financing in its 26-year history was oversubscribed. According to reports, this financing round raised $10 billion, with the company valued at $140 billion.
The company is still recovering from an accident in May this year, when a New Glenn rocket exploded on the launch pad. Blue Origin has been stepping up repairs to the launch pad, with the goal of returning New Glenn to launch by the end of 2026.
The upgrade project also includes cooperation with the U.S. Space Force to build a new customer payload integration facility at Cape Canaveral Space Force Station. Once the facility is operational, it can prepare multiple space missions in parallel at the same time.
Richardson introduced that Blue Origin's total investment in Florida infrastructure has exceeded $3 billion, with more than 20 sites in Brevard County and Orange County, and a workforce of more than 5,000 employees.
The entire space industry is facing a shortage of launch capacity: SpaceX, in order to prioritize the Starship project, has stopped accepting some commercial rideshare launch orders for Falcon 9. A report released this week by venture capital firm Space Capital shows that the market has thus set off a wave of investment enthusiasm, with total investment in the commercial space sector reaching $92.5 billion in the first three quarters of 2026.
Demand from enterprises and governments around the world to deploy satellites continues to rise, and orders for rocket service providers such as Blue Origin and SpaceX have surged. Both companies have their own satellite internet businesses and are also launch service providers for Amazon; Amazon is building a complete low Earth orbit satellite constellation. Currently, SpaceX dominates the market, with more than 11,000 satellites in orbit.
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