Jeff Bezos unveils plans for 'space business park'
Blue Origin, the space tourism company owned by Amazon founder Jeff Bezos, has announced plans to launch a commercial space station, News.Az reports citing BBC.
Bosses said on Monday that they hope to operate the station, named "Orbital Reef," by the end of the decade.
Promotional material released by the company claims the station will be a "mixed-use business park" in space and will host up to 10 people.
The company will partner with Sierra Space and Boeing to build the outpost.
Blue Origin said the 32,000 sq ft station would provide customers with an ideal location for "film-making in microgravity" or "conducting cutting-edge research" and said it would also include a "space hotel".
At a press conference to launch the initiative, executives from Blue Origin and Sierra Space declined to give an estimate of the building costs, though the project seems assured of heavy funding from Mr Bezos, who has committed to spending $1bn (£726m) a year on Blue Origin.
The announcement comes as Nasa searches for proposals to replace the 20-year-old International Space Station (ISS). While funding for the station has been guaranteed until at least 2030, the outpost is in desperate need of repairs.