Live
- Historic Temple In Sambhal Reopens After 46-Year Closure Following 1978 Riots
- Officials directed to work for deeper reach of guarantees
- Exhilarating ‘Benchmark’ of Venkat Changavalli
- Development activities worth `30 cr launched in Puthalapattu constituency
- Allegations against KTR baseless: BRS leader
- Megastar Chiranjeevi to Visit Allu Arjun’s Residence at 12 PM Today
- Nilima Rane: Trailblazer in Nursing
- Casual yet stylish office outfits for all-day comfort
- TTD to suspend all special darshans from January 10 to 19 amid Vaikuntha dwara darshans
- Naidu pats TDP leaders, cadres for enrolling 73L members
Just In
An unleashed Jeff Bezos focuses on space venture Blue Origin into hyperdrive
Freed from his daily obligations at Amazon.com Inc, Jeff Bezos is expected to turn up the heat on his space venture, Blue Origin, as it faces a pivotal year and fierce competition from Elon Musk’s SpaceX, industry sources said.
Freed from his daily obligations at Amazon.com Inc, Jeff Bezos is expected to turn up the heat on his space venture, Blue Origin, as it faces a pivotal year and fierce competition from Elon Musk's SpaceX, industry sources said.
The 57-year-old Bezos, a lifelong space enthusiast and the world's second-richest person behind Musk, said last week he is stepping down as chief executive of the e-commerce company as he looks to focus on personal projects.
Blue Origin has fallen far behind SpaceX on orbital transportation, and lost out to SpaceX and United Launch Alliance (ULA) on billions of dollars' worth of U.S. national security launch contracts which begin in 2022. ULA is a joint venture of Boeing Co and Lockheed Martin Corp.
Now, Blue Origin is battling to win a competition with SpaceX and Dynetics to develop a new lunar lander for NASA's potentially multibillion-dollar push to return humans to the moon in a few years. Dynetics is owned by Leidos Holdings Inc.
Winning the lunar lander contract - and executing its development - are seen by Bezos and other executives as vital to Blue Origin establishing itself as a desired partner for NASA, and also putting Blue on the road to turning a profit. A Blue Origin representative declined to comment, but pointed to comments Bezos made last week when he said he was stepping down as Amazon's chief executive. He told Amazon employees he would "stay engaged in important Amazon initiatives" but also devote time to Blue Origin and various philanthropic and media "passions."
NASA is expected to winnow the lunar lander contest to just two companies by the end of April, adding pressure as Blue Origin works through problems such as wasting millions of dollars on procurement, and technical and production challenges, the sources said. One of the development struggles Blue has faced is getting the lander light and small enough to fit on a commercially available rocket, two people briefed on the development said.
Another source, however, said Blue has modified its design since it was awarded the initial contract last April and that its current design fits on an additional number of available and forthcoming rockets, including Musk's Falcon Heavy and ULA's Vulcan.
"He is going to kick Blue Origin into a higher gear," said one senior industry source with knowledge of Blue's operations.
Bezos already has transplanted Amazon's culture on Blue, down to enforcing similar "leadership principles" and kicking off meetings by reading documents in silence, sources say.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com