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In the shadow of the Rocky Mountains, with an elevation one mile closer to space than sea level, lies an area that's home to a burgeoning cluster of aerospace businesses. Voyager Space CEO Dylan Taylor traveled to space on a Blue Origin flight in 2021. For Voyager, that's been true. For Taylor, who has been to space himself after a trip on Blue Origin's New Shepard, the Denver-Boulder space story extends beyond Voyager too. Denver area startup Orbit Fab is building refueling ports for satellites that will allow them to fuel up in space.

Persons: Dylan Taylor, CNBC's Morgan Brennan, Lockheed Martin, Northrop Grumman, RTX, Jeff Bezos, Morgan Brennan, Sen, John Hickenlooper, Hickenlooper, that's, Taylor, Shepard, He's, Northrop, Daniel Faber, Orbit, Faber Organizations: Buckley Space Force, CNBC, Aerospace, Colorado Space Coalition, Voyager, Denver . Voyager, AFP, Getty, Lockheed, Boeing, Northrop, Launch Alliance, BAE Systems, Space, Space Station, Airbus, Mitsubishi, Northrop Grumman, AAA Locations: Colorado, CNBC's, Rocky, Denver, Boulder, California, Silicon Valley

☆ Jeff Bezos snaps up a 3rd Miami-area mansion for $90 million
▼ + stars: | 2024-04-02 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +2 min

Jeff Bezos just bought a third mansion on the Miami-area island known as "Billionaire Bunker." Bezos paid $90 million for the home, which last sold for $2.5 million in 1998, Bloomberg reports. Bezos previously purchased multiple neighboring Seattle-area homes for his security and staff. The billionaire Amazon founder purchased a third home on Indian Creek island for $90 million in an off-market transaction, Bloomberg reported. Bezos first bought a $68 million waterfront mansion on Indian Creek in August.

Persons: Jeff Bezos, Bezos, —, Ivanka Trump, Tom Brady, snagged, Blue, Madeline Berg, Katherine Long Organizations: Bloomberg, Service, Amazon, Seattle Locations: Miami, Seattle, Biscayne Bay, Canaveral, Beverly, Texas, Hunts

☆ What yachting industry insiders have to say about Jeff Bezos' superyacht
▼ + stars: | 2024-03-27 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

Read previewIt's been just about a year since Koru, Jeff Bezos' $500 million megayacht, set sail from the Oceanco shipyard in the Netherlands, capturing the attention of yachting insiders and land dwellers alike. Unlike many other megayachts, Koru, which media billionaire Barry Diller's Eos inspired, is designed as a sailing yacht. AdvertisementLike most other megayachts, Koru is powered by her engines, which are reportedly innovative in their use of a kinetic energy recovery system. AdvertisementTeak or not, the yachting industry isn't generally known for being all that environmentally friendly — or indeed lowkey, so many who BI talked to didn't buy into the idea that Koru is "too much." It's the latest superyacht to capture the yachting world's attention.

Persons: —, Jeff Bezos, Koru, they'd, Federico Rossi, Barry Diller's Eos, he'd, Bezos, Lauren Sanchez, Origin's, Shephard, That's, Anders Kurtén, I'm, Jerry Jones, Bernard Arnault, Mark Zuckerberg Organizations: Service, Palm, Business, Industry, Yachts Locations: Netherlands, St, Myanmar

☆ Billionaires going to space aim to industrialize the moon, asteroids, and Mars. It's time to set some ground rules.
▼ + stars: | 2024-03-23 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Read previewThe space business is in bloom and, so far, it's largely unregulated. Other space startups have ambitions including asteroid mining, in vitro fertilization (IVF) in space, and space hotels. As space startups and billionaires vie for a foothold on the moon and beyond, experts say governments probably need to start setting some ground rules. Seven of the world's 10 biggest commercial space operators are based in the US, according to the Organisation for Economic Co-operation and Development. AdvertisementIn another vein, last year Florida passed a bill to protect space companies and their owners from getting sued over spaceflight passenger death or injury.

Persons: —, Jeff Bezos's, Elon Musk, Bezos, NASA What's, George Nield, Galileo, Joel Kearns, Richard Branson, Galactic's, Lyndon B, Johnson, Jeff Bezos, Joe Raedle, Michelle Hanlon, Jared Isaacman, William Shatner, Hanlon Organizations: Service, NASA, Houston, SpaceX, Business, Northeastern University, Federal Aviation Administration's, Space Transportation, JPL, FAA, Virgin Galactic, Virgin, Getty, Artemis Accords, Hague Institute, Global Justice, Washington, Companies, Shepard, Center for Air, Space, University of Mississippi School of Law, titans, US International Trade Commission, Organisation for Economic Co, Federal Communications Locations: Mars, Russia, China, Blue, Florida

NASA awarded Blue Origin $172 million to develop a space station for both astronauts and tourists. The space station, called Orbital Reef, will need to be able to support human life. AdvertisementThe International Space Station won't be around forever, and NASA is pouring hundreds of millions of dollars into its potential replacements. One promising candidate is Orbital Reef — a joint venture between Jeff Bezos's space company Blue Origin and Sierra Space. "Think spacious modules with large windows to view Earth, our blue origin, while experiencing the thrill of weightlessness in complete comfort," Blue Origin states on its website.

Persons: —, Jeff Bezos's, Angela Hart, Chris Hadfield, Matthias Maurer, Blue, Thomas Pesquet, Hart, Artemis, George Scott, NASA's, NASA It's, Biden, there's Organizations: NASA, Service, Origin, NASA's, ISS, Space Station, Space, International, ESA, Artemis, Soyuz, Shepard

☆ Amazon's secret war on Android: The company has a plan to cure Alexa's addiction to Google's operating system.
▼ + stars: | 2024-03-06 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Amazon's Alexa division is cutting costs across the board, having laid off thousands of employees and reshuffled projects over the past 18 months. Vega is a "new portable operating system for consumer electronics developed by Amazon," the document explained. Tech newsletter Lowpass previously reported on some parts of the new Vega OS. Feature parity gapThe feature parity gap between Amazon's own Alexa devices and third-party voice-assistants using Alexa has long been a problem, both internally and externally, according to the people familiar. Not off Android entirelyWith the new Vega OS, Amazon is reducing its reliance on the Android-based Fire OS.

Persons: Panos Panay, Andy Jassy, Jeff Bezos, Vega, Dave Limp, Alexa, It's Organizations: Alexa, Business, Software, BI, Amazon, Amazon's, Tech, Google, Blue, Washington Post, Vega

☆ NASA may build giant telescopes on the moon in your lifetime. Check out the blueprints.
▼ + stars: | 2024-03-01 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +12 min

One moonshot plan would build a giant radio dish spanning an entire crater on the far side of the moon. An illustration of a conceptual radio telescope within a crater on the moon. Silk argues that lunar telescopes would open the door to a new era of major space discoveries. A satellite trail streaks in front of galaxies in this image from the Hubble Space Telescope. Any radio telescope on the moon's back end would pick up the pure emissions of the universe.

Persons: —, Vladimir Vustyansky, James Webb, Dallan Porter, Roger Angel, Joseph Silk, Jack Burns, Burns, That's, Stefica Nicol, Artemis, Ronald Polidan, FarView, Jack Burns Karan Jani, LILA, Fermilab LILA, Jani, NASA's James Webb, Temim, Webb, Angel, Chris Gunn, Nick Woolf, Angel Roger, Phil, Martin Elvis, Elvis Organizations: Service, NASA, Business, Vanderbilt Lunar Labs, Telescope, University of Arizona, American Astronomical Society, Payload, University of Colorado Boulder, Hubble Space, Hubble, ESA, Radio Telescope, REUTERS, NASA JPL, Caltech, Radio Science Investigations, Houston, Lunar Resources, Resources, Inc, Vanderbilt University, Fermilab, Telescopes, CSA, Princeton University, Engineers, James Webb Space, Industry, AP Locations: New Orleans, Australia

☆ Luxury space-tourism company shows off its capsule designed to float to the edge of space with a massive balloon
▼ + stars: | 2024-02-24 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +3 min

An aerospace startup has unveiled the test capsule for its luxury space tourism experience. It's the latest commercial spacecraft for suborbital flight, after Virgin Galactic and Blue Origin. Space Perspective, a Florida-based startup, recently unveiled a test capsule for its new Neptune spacecraft. The company touts the pressurized Neptune capsule as "the largest human spacecraft in operation" aside from space stations like the ISS. Space Perspective"The space capsule is like nothing the world has ever seen," cofounder Taber MacCallum said in a statement.

Persons: —, Neptune, Shepard, Dezeen, Taber MacCallum, Jane Poynter, Space.com Organizations: Virgin Galactic, Service, Virgin, US Air Force Locations: Florida

☆ Jeff Bezos unloads around $2.1 billion in Amazon stock, bringing recent sales to 50 million shares
▼ + stars: | 2024-02-20 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon founder and executive chairman Jeff Bezos unloaded more than 14 million shares of his company valued at roughly $2.1 billion, bringing the total sold since the start of the month to 50 million. In total, Bezos sold 14,006,906 shares in the company for about $2.15 billion, the filing states. The sales were executed under a prearranged trading plan that Bezos adopted in November and disclosed earlier this month, which said he could sell up to 50 million Amazon shares before Jan. 31, 2025. Bezos sold about 12 million Amazon shares, worth approximately $2.03 billion, last week, in addition to another tranche of 12 million shares just days before. He unloaded another 12 million shares the week before that.

Persons: Jeff Bezos, Bezos, Bezos hadn't, fiancée Lauren Sanchez Organizations: Amazon, Jan Locations: Seattle, Miami

☆ Jeff Bezos sells more than $2 billion in Amazon stock
▼ + stars: | 2024-02-13 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past few days, according to a financial filing. In total, Bezos sold 11,997,698 shares in the company for about $2.08 billion, according to the filing. As part of the plan, Bezos plans to sell 50 million Amazon shares before Jan. 31, 2025. It marked the first time Bezos sold Amazon's stock since May 2021. WATCH: Jeff Bezos sells $2 billion of Amazon shares

Persons: Jeff Bezos, Bezos, fiancée Lauren Sanchez Organizations: Jan Locations: Seattle, Miami

☆ K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million
▼ + stars: | 2024-02-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. The company's latest fundraiser was led by tech investor Brad Gerstner's Altimeter Capital and joined by Alpine Space Ventures, adding to the $8.5 million in seed funding it raised from investors including First Round Capital and Republic Capital. K2 declined to specify its valuation after the most recent round. "This round is effectively built for the demand that we're seeing for launching constellations of the Mega class satellites," Karan Kunjur told CNBC. K2's Mega class satellite bus — the physical structure of a spacecraft that provides power, movement and more — is sized to fit in "heavy" and "super heavy" rockets.

Persons: Karan Kunjur, Neel Kunjur, Brad, Glenn Organizations: K2, Alpine Space Ventures, First, Capital, Republic Capital, CNBC Locations: Los Angeles

☆ The most expensive home for sale in the U.S. goes up for $295 million in Naples, Florida
▼ + stars: | 2024-02-10 | by ( Ray Parisi | ) www.cnbc.com time to read: +7 min

The most expensive home for sale in the U.S. hit the market this week for $295 million. Gordon Pointe, as it's called, is a roughly 9-acre compound in Naples, Florida, on the Gulf Coast, in an affluent enclave called Port Royal. The mega-listing includes a main house that spans about 11,500 square feet, with six bedrooms. Two guest houses, each over 5,000 square feet, bring the estate's total interior living space to 22,800 square feet. The residence sits high atop 217 West 57th Street, overlooking Central Park, spanning three floors and over 17,500 square feet.

Persons: Gordon Pointe, Leighton Candler, Corcoran, Candler, Gordon, John, Rhodora Donahue, John Donahue, Hermes, Dawn McKenna, McKenna, she's, It's, Cody Boone, Ryan Serhant, Serhant, naysayers, Donna Olshan, Karen Winnick, Gary Winnick, Kurt Rappaport, that's, Jonathan Miller, Miller Samuel, Jeff Bezos, Clodagh Kilcoyne, Ken Griffin, Larry Ellison, Marc Andreessen, Jim Bartsch, Jerry Perenchio, Miller, Lachlan Murdoch, Rupert Murdoch Organizations: Royal, CNBC, U.S . Army Corps of Engineers, Dawn McKenna Group, Coldwell, Coldwell Banker Realty, St, SERHANT Studios, Encantada, U.S, Washington , D.C, Reuters, Amazon, Oracle, Bel Air, Fox Corp Locations: Gordon Pointe, U.S, Naples , Florida, Gulf, New York, of Mexico, Pittsburgh, Port Royal, America, New York City, Central, Manhattan, Los Angeles, Bel, Washington ,

☆ Investing in Space: How bankers read a potential sale of rocket builder ULA
▼ + stars: | 2024-02-08 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. It's been widely reported over the last year that ULA parent companies Boeing and Lockheed Martin are considering offloading the rocket business. That's despite the successful debut of ULA's Vulcan rocket in early January, which I assumed would galvanize a sale. In the meantime, I've been curious to understand how ULA's sale is likely to play out. Boeing and Lockheed Martin are, and have been, looking to sell the rocket business for some time.

Persons: CNBC's Michael Sheetz, It's, Lockheed Martin, ULA, Tory Bruno, Jeff Bezos, hasn't, I've, it's Organizations: Boeing, Lockheed, Origin, Textron, SpaceX, U.S ., Glenn, Vulcan Locations: ULA

☆ Amazon’s space dreams deserve to be grounded
▼ + stars: | 2023-12-01 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

Founder, Chairman, CEO and President of Amazon Jeff Bezos unveils his space company Blue Origin's space exploration lunar lander rocket called Blue Moon during an unveiling event in Washington, U.S., May 9, 2019. REUTERS/Clodagh Kilcoyne - RC153E11B8F0 Acquire Licensing RightsNEW YORK, Oct 16 (Reuters Breakingviews) - Amazon.com’s (AMZN.O) Project Kuiper is a misguided technological marvel. A recent U.S. government report warned that space junk from currently planned networks could start regularly falling back to Earth by 2035. Facing an uncertain payoff and the possibility that its efforts will burn up on reentry, Amazon’s best move is bowing out of a futile space race. The $1.3 trillion technology company plans to eventually launch over 3,200 satellites into low-earth orbit to provide high-speed internet globally.

Persons: Amazon Jeff Bezos, Clodagh, Jeff Bezos, SpaceX’s, Andy Jassy, Bill Gates, SpaceX honcho Elon Musk, OneWeb, Jonathan Guilford, Sharon Lam, Aditya Sriwatsav Organizations: Amazon, REUTERS, Reuters, SpaceX, Reuters Graphics Reuters, Kuiper, Eutelsat Communications, Origin, Thomson Locations: Washington , U.S, Bezos, China

☆ It's not just Jeff Bezos — Amazon's looking for office space in Miami, too
▼ + stars: | 2023-11-28 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Amazon is searching for office space in Miami. The ecommerce giant started looking before founder Jeff Bezos announced his move to the city, per Bloomberg. Bezos announced in November he was moving from Seattle to Miami. AdvertisementAmazon is looking for 50,000 square feet of office space in Miami, the ecommerce giant told Business Insider. The news came just weeks after founder Jeff Bezos announced he was moving from Seattle to Miami to be closer to his parents and to Blue Origin's operations in Cape Canaveral, Florida.

Persons: Jeff Bezos, Bezos, —, Amazon's, Insider's Jacob Zinkula Organizations: Bloomberg, Service, Miami, Companies, Citadel Locations: Miami, Seattle, Cape Canaveral , Florida, droves, Indian Creek , Florida

☆ Jeff Bezos 'aggressive' again Tuesday selling more Amazon stock after unloading shares last week, sources say
▼ + stars: | 2023-11-21 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Jeff Bezos is expected to be "aggressive" in selling more shares of Amazon on Tuesday, sources told CNBC's David Faber. Bezos may sell as many as 8 to 10 million shares, which would amount to more than $1 billion worth of stock, the sources told Faber. Shares of Amazon are down about 2.6%. It comes after Bezos last week unloaded about $240 million worth of Amazon shares, according to financial filings. WATCH: Here's why Jeff Bezos is leaving Seattle for Miami

Persons: Jeff Bezos, CNBC's David Faber, Bezos, Faber, Bezos didn't, Bezos —, Bloomberg —, Lauren Sanchez, Sanchez Organizations: Amazon, Bloomberg, Fund, Seattle, Miami Locations: Maui, Seattle, Miami

☆ Jeff Bezos expected to sell more Amazon shares worth $1 billion - CNBC
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +1 min

[1/2] Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021. Paul Ellis/Pool via REUTERS/File Photo Acquire Licensing RightsNov 21 (Reuters) - Amazon.com (AMZN.O) founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, CNBC reported, citing a source. Bezos may sell as many as 8 million to 10 million shares, amounting to more than $1 billion, the report said. A representative for Bezos did not immediately respond to a Reuters request for comment and neither did Amazon, whose shares were trading 2.5% lower on Tuesday. After stepping down as Amazon's CEO, Bezos has been liquidating his shares in the e-commerce behemoth to fund his space venture Blue Origin.

Persons: Jeff Bezos, Paul Ellis, Bezos, Blue, Zaheer Kachwala, Devika Organizations: Amazon, Change, CNBC, Thomson Locations: Glasgow, Scotland, Britain, Miami, Seattle, Canaveral, Bengaluru

☆ Lauren Sanchez says she was crying and holding Jeff Bezos' mother during Blue Origin's first manned spaceflight
▼ + stars: | 2023-11-14 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

Lauren Sanchez said she was crying and holding Jeff Bezos' mom during Blue Origin's first manned spaceflight. Bezos was on the Blue Origin's spaceflight, which took place in 2021. AdvertisementAdvertisementIn 2021, Blue Origin completed its first manned spaceflight. "They were cracking jokes in the capsule, while I'm literally crying, holding his mother," Sanchez told Vogue's Chloe Malle about the launch. They were engraved with Blue Origin's motto "Gradatim Ferociter" — "step by step, ferociously."

Persons: Lauren Sanchez, Jeff Bezos, Blue, Bezos, Sanchez, —, I'm, Vogue's Chloe Malle, MacKenzie Scott, Mark, Oliver Daemen, Wally Funk, Vogue, — Sanchez Organizations: Service, Origin, Vogue, National Enquirer, Wall Street Locations: Dutch

☆ Jeff Bezos is moving to Miami. Step inside 'Billionaire Bunker,' the exclusive neighborhood where he owns 2 mansions.
▼ + stars: | 2023-11-03 | by ( Hannah Towey | ) www.businessinsider.com time to read: +1 min

Jeff Bezos, who has called Seattle home for 29 years, is officially moving to Miami. Jeff Bezos has reportedly purchased a waterfront mansion in Indian Creek, an artificial barrier island in Miami. Karwai Tang/WireImage via Getty Images; Jeffrey Greenberg/Universal Images Group via Getty ImagesBezos made the announcement on Instagram on Thursday evening. "I want to be close to my parents, and Lauren and I love Miami," Bezos wrote of his and his fiancé Lauren Sanchez's decision to make the move. Of course, Bezos is no mere wealthy individual: With a $160 billion net worth, the Amazon founder is currently the second-richest person in the world.

Persons: Jeff Bezos, Karwai Tang, Jeffrey Greenberg, Bezos, Lauren, Miami, Lauren Sanchez's Organizations: Seattle, Getty, Universal Locations: Miami, Indian, Cape Canaveral, Pacific

☆ Jeff Bezos is moving to Miami after 29 years in Seattle
▼ + stars: | 2023-11-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Amazon founder Jeff Bezos announced on Thursday he is moving to Miami from Seattle. Bezos said he's moving to be closer to his parents and Blue Origins' operations in Cape Canaveral, Florida. Last month, Bezos snapped up a seven-bedroom mansion in Indian Creek, Florida, for $79 million. AdvertisementAdvertisementAmazon founder Jeff Bezos is moving to Miami, Florida, just three weeks after snapping up a seven-bedroom mansion on a small private island in Biscayne Bay. Bezos' move from Seattle is significant because Amazon transformed the city into a tech hub, since opening its Seattle headquarters.

Persons: Jeff Bezos, Bezos, —, I've, Insider's Hannah Towey, Carl Icahn, Jared Kushner, Ivanka Trump Organizations: Service, Bloomberg, Zillow Locations: Miami, Seattle, Cape Canaveral , Florida, Indian Creek , Florida, Miami , Florida, Biscayne Bay, Bellevue , Washington, New York

☆ Amazon founder Bezos plans move to Miami from Seattle
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +1 min

Billionaire American businessman Jeff Bezos arrives for his meeting with British Prime Minister Boris Johnson at the UK diplomatic residence in New York City, New York, U.S., September 20, 2021. Michael M. Santiago/Pool via REUTERS/File Photo Acquire Licensing RightsNov 2 (Reuters) - Amazon (AMZN.O) founder Jeff Bezos said on Thursday he was moving to his childhood home of Miami from Seattle to be near his parents and his space firm Blue Origin's Cape Canaveral operations. Seattle, you will always have a piece of my heart," the billionaire said in an Instagram post on Thursday. Private space company Blue Origin's operations are increasingly shifting to Cape Canaveral, Bezos added. Amazon's rapid growth transformed Seattle's South Lake Union district, replacing warehouses and parking lots with offices towers, highly paid tech workers and expensive eateries.

Persons: Jeff Bezos, Boris Johnson, Michael M, Bezos, Abinaya, Lincoln Organizations: Billionaire, British, Thomson Locations: New York City , New York, U.S, Santiago, Miami, Seattle, Canaveral, Amazon's, Cape Canaveral, Lake Union, Bengaluru

☆ Bezos' Blue Origin sees third executive departure amid restructuring
▼ + stars: | 2023-10-20 | by ( Joey Roulette | ) www.reuters.com time to read: +3 min

Eilola's departure follows plans announced last month by Bezos to replace Smith, who has been Blue Origin's CEO since 2017, with longtime Amazon executive Dave Limp by the end of the year. Blue Origin did not respond to a request for comment. Bezos founded Blue Origin in 2000 with the vision of having millions of people living and working in space. In the past several months, Blue Origin's corporate structure has changed substantially as its leadership gets a revamp. Blue Origin this year also spun its moon lander program into a new independent business unit.

Persons: Jeff Bezos's, Ivan Pierre Aguirre, Origin's, Jeff Bezos, Bob Smith, Mike Eilola, Bezos, Smith, Dave Limp, Brent Sherwood, Shepard, Limp, Joey Roulette, Will Dunham Organizations: Shepard, REUTERS, Rights, Reuters, Elon, SpaceX, Blue, Amazon, Honeywell Aerospace, Glenn, NASA, Space Systems, Thomson Locations: Van Horn , Texas, U.S, United States

☆ Exclusive: Bezos' Blue Origin expects split on space station partnership -sources
▼ + stars: | 2023-10-02 | by ( Joey Roulette | ) www.reuters.com time to read: +5 min

A Blue Origin spokesperson said Sierra will remain a partner on Orbital Reef but declined to say in what capacity. Last week, Bezos told Blue Origin employees that longtime Amazon executive Dave Limp would replace Blue Origin's current CEO by year's end. In 2021, Blue Origin announced its partnership to build what it envisions as a "business park in space" with Sierra Space, a spinoff from defense contractor Sierra Nevada Corp. Blue Origin secured $3.4 billion from NASA this year for that lander as part of the agency's Artemis program. Blue Origin said at the time it planned to privately invest "well north" of that amount.

Persons: Shepard, Jeff Bezos's, Ivan Pierre Aguirre, Jeff Bezos, Sierra, Brent Sherwood, Sherwood, Bezos, Dave Limp, Glenn, Joey Roulette, Ben Klayman, David Gregorio, Rosalba O'Brien Organizations: REUTERS, Rights, Sierra Space, NASA, Space, CNBC, Blue Origin, Amazon, year's, Sierra Nevada Corp, Origin, Industry, Sierra, Reuters, Thomson Locations: Van Horn , Texas, U.S

☆ Blue Origin, Sierra Space weigh future of Orbital Reef space station as partnership turns rocky
▼ + stars: | 2023-09-28 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

The Orbital Reef space station partnership between Jeff Bezos' Blue Origin and Sierra Space is on rocky footing, CNBC has learned. The companies announced Orbital Reef as a co-led project in 2021, but updates about the project dried up in the past year. It's becoming increasingly likely that Blue Origin and Sierra Space will go their separate ways, leaving behind joint efforts to develop Orbital Reef, according to those sources. Shortly after unveiling the Orbital Reef project, Blue Origin won a $130 million contract from NASA for design work on the private space station. "Our team is currently testing window frames and materials in a relevant space environment," Blue Origin said, without mentioning Orbital Reef by name.

Persons: Jeff Bezos, It's, Rebecca Wickes, Wickes, Sierra Organizations: CNBC, Space, Origin, NASA, Sierra

☆ US FAA ends probe of Blue Origin's 2022 rocket mishap, needs engine redesign
▼ + stars: | 2023-09-27 | by ( Joey Roulette | ) www.reuters.com time to read: +2 min

The space capsule of Blue Origin's rocket New Shepard, carrying six crew members, is seen before landing, on billionaire Jeff Bezos's company's fourth suborbital tourism flight, near Van Horn, Texas, U.S., March 31, 2022. REUTERS/Ivan Pierre Aguirre/File Photo Acquire Licensing RightsWASHINGTON, Sept 27 (Reuters) - The U.S. Federal Aviation Administration said on Wednesday it has closed a probe into Blue Origin's 2022 New Shepard rocket failure, forcing a redesign of the vehicle's engine and other fixes before the company can resume its suborbital launch business. Blue Origin must take 21 corrective actions before its reusable New Shepard rocket can return to flight, including a "redesign of engine and nozzle components to improve structural performance during operation as well as organizational changes," the FAA said. The FAA, which regulates launch site safety and oversees mishap investigations led by rocket companies, cited the same conclusion as Blue Origin's in its statement on Wednesday. Reporting by Joey Roulette; Editing by Leslie Adler, David Gregorio and Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Shepard, Jeff Bezos's, Ivan Pierre Aguirre, we've, uncrewed, Jeff Bezos, Joey Roulette, Leslie Adler, David Gregorio, Richard Chang Organizations: REUTERS, Rights, U.S . Federal Aviation Administration, Shepard, FAA, NASA, Thomson Locations: Van Horn , Texas, U.S, Texas, New

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