NASA announced on Thursday it has awarded $415.6 million to billionaire Jeff Bezos' Blue Origin, stalwart contractor Northrop Grumman Corp and venture-backed Nanoracks to develop privately-owned and operated commercial space stations.
SEATTLE - NASA announced on Thursday (Dec 1) it has awarded $415.6 million (S$569.3 million) to billionaire Jeff Bezos' Blue Origin, stalwart contractor Northrop Grumman Corp and venture-backed Nanoracks to develop privately-owned and operated commercial space stations. The trio of awards are emblematic of the US space agency's efforts to tap private companies to enable an American-led commercial economy in.
The contracts are first in a two-phase approach to ensure a seamless transition of activity from the International Space Station to commercial destinations.
The trio of awards are emblematic of the U.S. space agency’s efforts to tap private companies to enable an American-led commercial economy in low-Earth orbit (LEO) as the iconic International Space Station potentially retires at the end of the decade.
Work and play in space? NASA awards $415 6 million for new space hubs bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.