First launch of Blue Origin’s orbital rocket delayed to ’22
Capitalism in space: In what had increasingly appeared likely in recent months, Blue Origin today announced that it is delaying the first launch of its orbital New Glenn rocket from late this year to sometime in ’22.
Blue Origin noted that the updated timeline follows the U.S. Space Force to stop its support for the New Glenn development effort as part of its procurement program for national security launches. That support, which could have added up to $500 million, was closed out at the end of last year.
The Space Force ended up choosing United Launch Alliance and SpaceX for the next round of national security launches. Jarrett Jones, Blue Origin’s senior vice president for New Glenn, told Space News that losing out on that round of launch contracts represented a $3 billion hit to anticipated revenue, and forced the company to “re-baseline” its development plans.
Personally I think this excuse is absurd. Jeff Bezos has been investing about $1 billion per year in Blue Origin. Moreover, in its announcement the company claimed it has invested $2.5 billion of that money in developing New Glenn. This is almost as much as SpaceX has raised to build Starship/Super Heavy, which is in development and in only about two years has already produced multiple prototypes and two test flights. Moreover, SpaceX developed Falcon Heavy for about a half billion dollars, and did it in less than seven years.
New Glenn has been in development for more than four years, and we have yet to even see it assembled in any form at all. The loss of that government military contract should have made no difference if Jeff Bezos and Blue Origin were really serious about building this rocket. He has given the company more than enough investment capital to get it done. They have just not delivered so far.
If I was Bezos, I would be taking a very hard look at the management at Blue Origin, with the intent to make some significant changes.
Capitalism in space: In what had increasingly appeared likely in recent months, Blue Origin today announced that it is delaying the first launch of its orbital New Glenn rocket from late this year to sometime in ’22.
Blue Origin noted that the updated timeline follows the U.S. Space Force to stop its support for the New Glenn development effort as part of its procurement program for national security launches. That support, which could have added up to $500 million, was closed out at the end of last year.
The Space Force ended up choosing United Launch Alliance and SpaceX for the next round of national security launches. Jarrett Jones, Blue Origin’s senior vice president for New Glenn, told Space News that losing out on that round of launch contracts represented a $3 billion hit to anticipated revenue, and forced the company to “re-baseline” its development plans.
Personally I think this excuse is absurd. Jeff Bezos has been investing about $1 billion per year in Blue Origin. Moreover, in its announcement the company claimed it has invested $2.5 billion of that money in developing New Glenn. This is almost as much as SpaceX has raised to build Starship/Super Heavy, which is in development and in only about two years has already produced multiple prototypes and two test flights. Moreover, SpaceX developed Falcon Heavy for about a half billion dollars, and did it in less than seven years.
New Glenn has been in development for more than four years, and we have yet to even see it assembled in any form at all. The loss of that government military contract should have made no difference if Jeff Bezos and Blue Origin were really serious about building this rocket. He has given the company more than enough investment capital to get it done. They have just not delivered so far.
If I was Bezos, I would be taking a very hard look at the management at Blue Origin, with the intent to make some significant changes.