Private lunar landing company backs out of NASA contract
Capitalism in space: The commercial lunar landing company, OrbitBeyond, has told NASA that it cannot fulfill its $97 million contract, only two months after that contract was announced.
NASA announced July 29 that OrbitBeyond informed the agency that “internal corporate challenges” will prevent it from carrying out a task order that NASA awarded the company May 31 as part of its Commercial Lunar Payload Services (CLPS) program. The company asked to be released from that contract, and NASA agreed.
NASA didn’t elaborate on what specific issues caused OrbitBeyond to scrap its contract with NASA, and the company didn’t immediately respond to a request for comment. At the May 31 event where NASA announced the contracts, Siba Padhi, chief executive of OrbitBeyond, said the company was still in the process of closing a round of funding. The company has not subsequently announced a funding round.
Considering its receipt of a $97 million NASA contract, it would be very puzzlingly for the company to be unable to obtain further investment capital. If anything, that contract should have encouraged funding. If the lack of funding is the cause of this termination then it also suggests the company had other problems.
This leaves NASA with two private lunar lander companies. I expect NASA will look to award the contract to a third company. The company Firefly and its team of Israeli Beresheet engineers comes immediately to mind.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Capitalism in space: The commercial lunar landing company, OrbitBeyond, has told NASA that it cannot fulfill its $97 million contract, only two months after that contract was announced.
NASA announced July 29 that OrbitBeyond informed the agency that “internal corporate challenges” will prevent it from carrying out a task order that NASA awarded the company May 31 as part of its Commercial Lunar Payload Services (CLPS) program. The company asked to be released from that contract, and NASA agreed.
NASA didn’t elaborate on what specific issues caused OrbitBeyond to scrap its contract with NASA, and the company didn’t immediately respond to a request for comment. At the May 31 event where NASA announced the contracts, Siba Padhi, chief executive of OrbitBeyond, said the company was still in the process of closing a round of funding. The company has not subsequently announced a funding round.
Considering its receipt of a $97 million NASA contract, it would be very puzzlingly for the company to be unable to obtain further investment capital. If anything, that contract should have encouraged funding. If the lack of funding is the cause of this termination then it also suggests the company had other problems.
This leaves NASA with two private lunar lander companies. I expect NASA will look to award the contract to a third company. The company Firefly and its team of Israeli Beresheet engineers comes immediately to mind.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
This is the company that contracted with Team Indus, the Lunar X-Prize team from India, for their lander. The word on the street is that the “internal corporate challenge” is where the lander would be built. American news articles are quoting OrbitBeyond saying that it would be built in the United States per the NASA contract. Indian news articles are quoting Team Indus saying it would be built in India. Apparently they were not able to come to an agreement.