Amazon's Jeff Bezos Has Made Big Plans for Getting Astronauts to the Moon

03:46 05/13/2019

Jeff Bezos is not only the Chief Executive of Amazon AMZN , but also the head boss in charge of Blue Origin, an aerospace manufacturer and sub-orbital spaceflight services company.

Recently Bezos spoke at a presentation to media and space industry executives and unveiled Blue Origina's 'Blue Moon' lunar lander and a new BE-7 rocket engine.

During the presentation, Bezos said, 'I love Vice President Pence's 2024 lunar landing goal because we started this three years ago.'

Vice President Mike Pence had directed NASA to return U.S. astronauts to the surface of the moon within the next five years and in response, NASA administrator Jim Bridenstine said that the agency will meet the White House's directive.

Each year Bezos puts $1 billion into privately funded Blue Origin from sales of his Amazon shares.

'This vehicle is going to the moon,' Bezos said of the lunar lander.

'We were given a gift — this nearby body called the moon,' Bezos said. He added that the moon is a good place to begin manufacturing in space due to its lower gravity than the Earth. Getting resources from the moon 'takes 24 times less energy to get it off the surface compared to the Earth,' Bezos explained.

He said 'that is a huge lever.'

According to Bezos, the Blue Moon lander can bring 3.6 metric tons to the lunar surface.

The BE-7 rocket engine will be test fired for the first time this summer. 'We need the new engine and that's what this is,' Bezos said.

'It's time to go back to the moon and this time stay,' Bezos added.

This article has been provided by a Chasing Markets contributor. All content submitted by this author represent their personal opinions, and should be considered as such for entertainment purpose only. All opinions expressed are those of the writer, and may not necessarily represent fact, opinions, or bias of Chasing Markets.
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