Industrial Manufacturing
SpaceX, Blue Origin Compete in Modern Day Space Race
SpaceX (Hawthorn, California), headed by Elon Musk, has been making inroads in the business of space travel.
Released Monday, May 03, 2021
Researched by Industrial Info Resources (Sugar Land, Texas)--SpaceX (Hawthorn, California), headed by Elon Musk, has been making inroads in the business of space travel. After delivering astronauts to the International Space Station ahead of Boeing in NASA's Commercial Crew program, the company recently was awarded the Human Landing System portion of NASA's Artemis program to return to the Moon. This $2.9 billion win solidifies Musk's position as a major player in the space industry.
Meanwhile, Blue Origin, the company founded by Jeff Bezos--who will soon be stepping down from his duties at Amazon.com Incorporated (NASDAQ:AMZN), in part to focus on his space venture--is not having the same success. According to Seeking Alpha, Blue Origin has filed a protest of the decision by NASA. Blue Origin also is continuing to develop its facilities at Merritt Island, Florida, where Industrial Info is tracking two capital projects valued at $22 million. If you are a subscriber to Industrial Info's Industrial Manufacturing database, click here for these projects.
If the protest is settled in Blue Origin's favor, will more expansion be on the horizon?
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
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