Jeff Bezos’ aerospace company, Blue Origin, is set to launch its New Glenn rocket on Sunday from Cape Canaveral, Florida. The mission seeks to deploy a test satellite into orbit and recover the rocket’s lower stage on a drone ship. The New Glenn launch is crucial for Blue Origin to prove its engineering capabilities and challenge SpaceX’s dominance in spaceflight. Unlike SpaceX's iterative approach, Blue Origin has adopted a slower, traditional engineering path to minimize risks. A successful launch would demonstrate the rocket’s reusability, as its core is designed to fly up to 25 times and position Blue Origin to clear its $10 billion backlog in customer contracts.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Jeff Bezos' aerospace company, Blue Origin, is set to launch its New Glenn rocket on Sunday
00:07from Cape Canaveral, Florida.
00:09The mission seeks to deploy a test satellite into orbit and recover the rocket's lower
00:13stage on a drone ship.
00:15The New Glenn launch is crucial for Blue Origin to prove its engineering capabilities and
00:19challenge SpaceX's dominance in spaceflight.
00:22Unlike SpaceX's iterative approach, Blue Origin has adopted a slower, traditional engineering
00:27path to minimize risks.
00:29A successful launch would demonstrate the rocket's reusability, as its core is designed
00:34to fly up to 25 times and position Blue Origin to clear its $10 billion backlog in customer
00:40contracts.
00:41For all things money, visit Benzinga.com slash GSTV.