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BBCNEWS Talking Business June 4, 2024 16:48:00

In contracts from yourselves at nasa and other parts of the us government i mean, spacex, at least, ithink, $10 billion. bill, would they be able to be so successful without those public sector contracts? well, certainly the incentive for them to start their work was government payments and investment. for example, the whole commercialjet airline what do you think it was developed for? it was originally developed for the us military after world war ii. look at what jet airplanes do in the commercial sector today. so sometimes there s seed money, there s incentive money to start in the commercial sector. and, bill, at nasa, you ve given billions of dollars to spacex, to blue origin and to boeing to help get man back on the moon. and last year, when testifying to congress, you backed ....

Space Agency , Space X , Public Sector , 10 Billion , 0 Billion , Commercialjet Airline , World War Ii , Incentive Money , Seed Money , Jet Airplanes , Blue Origin ,

BBCNEWS Talking Business June 4, 2024 16:50:00

Three of them are going to land this year on the surface of the moon. that s incentive money for them to do it and then develop a lander and help us get the information. for example, one of these landers is going to dig on the south pole, to see if there s water underneath the surface. that s hugely important for us to know, because if there is water, there s hydrogen and oxygen, and if there s hydrogen and oxygen, we ve got a gas station on the south pole. and, bill, as space exploration becomes increasingly, increasingly commercialised, what do you see is the most likely and profitable uses of the rockets and the satellites that we re sending up there? well, i see the real value for entrepreneurs, to take business off the face of the earth and take it ....

Incentive Money , Adata Fusion , South Pole , Space Exploration , Gas Station , Planet Earth ,

BBCNEWS Talking Business June 4, 2024 23:48:00

Or not it s safe to launch. that s the bottom line answer. are you overreliant, do you think, just on a handful of small companies, or is that just inevitable given the nature of the space industry? well, take, for example, nasa s total budget. i think we have somewhere. a quarter of our spending is going to small businesses. we bring small businesses in at every part of our business, in our science and our earth science, in the exploration programme. but in many cases, we do small businesses directly. and an example of that i mentioned is the eclipse missions, which are going to. three of them are going to land this year on the surface of the moon. that s incentive money for them to do it and then develop a lander and help us ....

Space Industry , Bottom Line , Space Agency , Eclipse Missions , Earth Science , Exploration Programme , Incentive Money ,

BBCNEWS Talking Business June 4, 2024 23:47:00

Well, certainly the incentive for them to start their work was government payments and investment. for example, the whole commercialjet airline what do you think it was developed for? it was originally developed for the us military after world war ii. look at what jet airplanes do in the commercial sector today. so sometimes there s seed money, there s incentive money to start in the commercial sector. and, bill, at nasa, you ve given billions of dollars to spacex, to blue origin and to boeing to help get man back on the moon. and last year, when testifying to congress, you backed the idea of fixed price contracts. so i ve got to ask you, how do you know that corners won t be cut, given that these private companies, they won t want to lose money? because we don t launch until it s safe. and it s nasa that says whether ....

Space Agency , Commercialjet Airline , World War Ii , Incentive Money , Seed Money , Jet Airplanes , Space X , Blue Origin , Price Contracts , Won T Be Cut ,

BBCNEWS Talking Business June 4, 2024 10:49:00

Commercial sector today. so sometimes there commercial sector today. so sometimes there are - commercial sector today. so sometimes there are seed i commercial sector today. so - sometimes there are seed money, there sometimes there are seed money, there is sometimes there are seed money, there is incentive sometimes there are seed money, there is incentive money, - sometimes there are seed money, there is incentive money, to- sometimes there are seed money, there is incentive money, to startl there is incentive money, to start in the there is incentive money, to start in the commercial there is incentive money, to start in the commercial sector. - there is incentive money, to start in the commercial sector. it - there is incentive money, to start in the commercial sector. at nasa ou have in the commercial sector. at nasa you have given in the commercial sector. at nasa you have given billions in the commercial sector. at nasa you have given billions of- in the commercial ....

Incentive Money , Public Sector , Seed Money , Blue Origin , At Nasa Ou , Won T , Example Nasa ,