🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Bezos' Blue Origin plans New Shepard rocket flight after 15-month grounding

Published 12/12/2023, 01:18 PM
Updated 12/12/2023, 02:28 PM
© Reuters. FILE PHOTO: A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11,
AMZN
-

By Joey Roulette

(Reuters) -Jeff Bezos' space venture Blue Origin is planning to return its suborbital New Shepard rocket to flight as soon as Dec. 18, the company said on Tuesday as it looks to resume its space tourism business.

"We're targeting a launch window that opens on Dec. 18 for our next New Shepard payload mission," Blue Origin wrote on social network X, formerly known as Twitter. No humans, but 33 science and research payloads will be on board, the company added, referring to cargo that will support experiments in space.

New Shepard, which flies cargo and humans on short trips to the edge of space, has been grounded since a September 2022 uncrewed mission failed roughly a minute after liftoff from Texas, forcing the rocket's capsule full of NASA experiments to safely eject mid-flight.

The company in March determined that a "structural failure" in the rocket's engine nozzle caused last year's failure. No humans were aboard, though New Shepard has previously flown several missions carrying tourists, as well as Bezos, who founded Blue Origin in 2000, on the rocket's maiden flight in 2021.

The U.S. Federal Aviation Administration closed its review of Blue Origin's New Shepard investigation in September, agreeing with the company's findings. It required Blue Origin to make 21 corrective actions, including an engine redesign and "organizational changes."

New Shepard returns to flight as Blue Origin races to get its much bigger rocket, New Glenn, off the ground for the first time, which it plans for late 2024.

© Reuters. FILE PHOTO: A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11, 2021. REUTERS/Joe Skipper

While New Shepard only reaches the brim of space, New Glenn is designed to deploy heavier payloads into orbit as the centerpiece of Blue Origin's goal to rival Elon Musk's dominant SpaceX.

Bezos has shaken up the company's leadership and corporate structure in recent months, Reuters has reported. Longtime Amazon (NASDAQ:AMZN) executive Dave Limp started as Blue Origin's new CEO earlier this month.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.