Commercial Spaceflight And The Dawning Age of NewSpace

Bezos Using Amazon as Guide to Bring Rocket Rides to Masses

Commercial space exploration can advance at the fast pace of Internet commerce only if the cost is reduced through advances in reusable rockets, Amazon.com Inc. Chief Executive Officer Jeff Bezos said.

The e-commerce pioneer drew comparisons between the growth of his online retail business over the past 20 years and his investments in space exploration with his company Blue Origin LLC.

Amazon grew so quickly because key infrastructure was already in place, such as delivery through the postal service, phone lines for Internet access and credit card payments. The missing piece for space travel is low-cost launches, which will only happen when rockets can be reused like airplanes, Bezos said Tuesday in his first address at the annual Space Symposium in Colorado Springs, Colorado.

“What’s important to me is lowering the cost of getting to space,” he said. “I want to see millions of people living and working in space.”

Sourced through Scoop.it from: www.bloomberg.com

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