Blue Origin delays New Shepard and New Glenn
Capitalism in space: Blue Origin announced yesterday that they are delaying the first manned test flights of their suborbital New Shepard spacecraft until next year.
The announcement also outlined their planned test launch schedule for their orbital New Glenn rocket, now set to launch for the first time in 2021, delayed from 2020 as previously announced.
I find it interesting that the same day the Air Force announces that it is giving this company a half billion dollars for development of this rocket, the company reveals that it is delaying the launch for one year. To my mind, the extra money should have helped them keep their schedule, instead of causing a delay.
What instead happens in Washington, however, is that the subsidized companies now stretch out their program in order to get more government money, focused more on that cash then on building anything. Witness for example Boeing and SLS.
What makes this strange is that Blue Origin already has plenty of capital, to the tune of about a billion per year, from Jeff Bezos. His investment should really be plenty for this company to do what it needs to do.
Capitalism in space: Blue Origin announced yesterday that they are delaying the first manned test flights of their suborbital New Shepard spacecraft until next year.
The announcement also outlined their planned test launch schedule for their orbital New Glenn rocket, now set to launch for the first time in 2021, delayed from 2020 as previously announced.
I find it interesting that the same day the Air Force announces that it is giving this company a half billion dollars for development of this rocket, the company reveals that it is delaying the launch for one year. To my mind, the extra money should have helped them keep their schedule, instead of causing a delay.
What instead happens in Washington, however, is that the subsidized companies now stretch out their program in order to get more government money, focused more on that cash then on building anything. Witness for example Boeing and SLS.
What makes this strange is that Blue Origin already has plenty of capital, to the tune of about a billion per year, from Jeff Bezos. His investment should really be plenty for this company to do what it needs to do.