Investing.com – Blue Origin, the space company owned by Amazon.com (NASDAQ:) founder and billionaire Jeff Bezos, has won a significant contract with NASA to develop a lunar landing craft.
The cutting-edge vehicle is intended to make precision landings anywhere on the Moon’s surface and transport astronauts as part of the Artemis space program.
Blue Origin’s partners include Lockheed Martin (NYSE:NYSE:), Draper, Boeing (NYSE:NYSE:), Astrobotic, and Honeybee Robotics. They will collaborate in the development and flight of the lunar lander.
In a statement, Blue Origin expressed its excitement to be working with NASA on this groundbreaking project. “We are already at work and are excited to be on this journey with NASA,” the company said.
Jeff Bezos took to Twitter to share his enthusiasm for the collaboration. “Honored to be on this journey with @NASA to land astronauts on the Moon — this time to stay. Together, we’ll be solving the boil-off problem and making LOX-LH2 a storable propellant combination, pushing forward the state of the art for all deep space missions,” Bezos tweeted.
The Artemis space program aims to return humans to the Moon by 2024, serving as a critical stepping stone for future missions to Mars and beyond. Investors are closely watching these developments as they present significant growth potential for companies involved in the commercial space industry.
—This article was generated with the assistance of AI
This story originally appeared on Investing