Saturday, December 28, 2024

Bezos' Blue Origin Receives FAA License for Launching New Rocket

Jeff Bezos' Next Trillion Dollar Bet
Discover the Hidden Gold Play Wall Street Is Ignoring

In Today's News

5 tiny stocks about to soar (thanks to Elon) [adv]

Mega Millions player in California wins $1.3 billion jackpot
The winning ticket that matched the numbers 3, 7, 37, 49 and 55, plus the gold Mega Ball 6 during Friday's drawing was sold in Cottonwood, California, about 200 miles north of San Francisco, Mega Millions said in a statement. “What an amazing present this holiday season! At an incredibly special time of .... Read More >>

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Explainer-Why OpenAI plans transition to public benefit corporation
(Reuters) - OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against companies such as Google.OpenAI's new structure aims to potentially make a more investor-friendly corporation .... Read More >>

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FEATURED ARTICLE

Bezos' Blue Origin gets FAA license for its first New Glenn rocket launch

The Federal Aviation Administration said on Friday that it has issued a commercial space launch license for Blue Origin’s — Jeff Bezos’ rocket company — New Glenn launch.

Blue Origin entered into a highly competitive area it has long sought to join, as the U.S. Department of Defense picked the company, along with Elon Musk’s SpaceX and Boeing-Lockheed joint venture United Launch Alliance, to compete for national security space missions.

The Pentagon had made initial selections under a $5.6 billion program in June.

The five-year license allows Blue Origin to conduct orbital missions from the Cape Canaveral Space Force Station in Florida with the reusable New Glenn first stage landing on a barge in the Atlantic Ocean, the FAA said in a statement.

The New Glenn debut will be a certification mission required by the U.S. Space Force before the company can begin launching national security satellites.

The debut mission was previously meant to launch a pair of NASA spacecraft to Mars before late October, but New Glenn had not completed its development by then, prompting NASA to move the spacecraft off the rocket.

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Instead, New Glenn will launch technology related to its Blue Ring program, a line of business that will offer maneuverable spacecraft to the Pentagon.

SpaceX has dominated the launch industry with its partially reusable Falcon 9 rocket and is in the process of testing its next-generation rocket, Starship, which is designed to be fully reusable.

During a flight test in October, Starship’s towering first-stage booster was able to return from the edge of space to its Texas launch pad for the first time.

Blue Origin, on the other hand, has struggled to bring its giant New Glenn rocket to market. In December last year, it tapped Amazon veteran Dave Limp to expedite development of its New Glenn rocket.

 .... Read More >>

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OTHER HEADLINES

China to cut import tariffs on some recycled copper and aluminium raw materials
The Ministry of Finance announced adjustments to various import tariff categories, effective Jan. 1, aimed at increasing imports of high-quality products, expanding domestic demand and promoting high-level opening-up, it said in a statement.Provisional import tariffs below the most-favoured-nation rates will .... Read More >>

Elon Musk backs AfD party in German newspaper opinion piece
In the commentary, published in German by the flagship paper of the Axel Springer media group, Musk expanded on his post on social media platform X last week claiming that "only the AfD can save Germany.""The portrayal of the AfD as right-wing extremist is clearly false, considering that Alice Weidel, the par .... Read More >>

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Iran says 2025 'important year' for nuclear issue
Trump in 2018 reneged on a deal struck by his predecessor Barack Obama in 2015 in which Iran agreed to curb uranium enrichment, which can yield material for nuclear weapons, in return for the relaxation of U.S. and U.N. economic sanctions."2025 will be an important year regarding Iran's nuclear issue," Foreig .... Read More >>

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Russia's Putin apologises to Azerbaijan over 'tragic' airliner crash
MOSCOW/BAKU (Reuters) -President Vladimir Putin on Saturday apologised to Azerbaijan's leader for what the Kremlin called a "tragic incident" over Russia in which an Azerbaijan Airlines plane crashed after Russian air defences were fired against Ukrainian drones.The extremely rare publicised apology from Puti .... Read More >>

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CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And this small company is building them for the military >>>

US may hit new debt limit as early as Jan 14, Yellen says
WASHINGTON (Reuters) - The U.S. Treasury Department may need to take "extraordinary measures" by as early as Jan. 14 to prevent the United States from defaulting on its debt, Treasury Secretary Janet Yellen told lawmakers in a letter on Friday.Yellen urged lawmakers in the U.S. Congress to act "to protect .... Read More >>

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