Amazon's Jeff Bezos' Blue Origin LLC, Boeing Bid For NASA Contract To Ferry Astronauts In Space

Amazon's Jeff Bezos, has a startup called Blue Origin and its new project is collaboration with Boeing to build a space taxi for NASA. It might sound ambitious, but Bezos is an ambitious CEO. According to authorities in the industry, Boeing is in good standing to edge out smaller rivals to win NASA's contract to ferry astronauts to orbit and back.

Blue Origin LLC, the Bezos' startup in space-exploration is teaming up with Boeing Co. to garner a new contract from NASA and its role is defined as "developing technologies to enable private human access to space at dramatically lower cost and increased reliability," WSJ.com reported.'

Jeff Bezos, CEO of Blue Origin, his spaceflight company along with United Launch Alliance, a launch provider, announced their collaborative effort on a rocket engine, BE-4 liquid rocket engine to be used by ULA's future launches.

In a press conference where Amazon founder and CEO Jeff Bezos discussed other Blue Origin projects such as manufacturing of reusable transport vehicles to orbit Planet Earth, which would save millions in space travel: "The timeline for that is late this decade," he said. "We continue on that path." He quoted the company's motto in Latin, which he said translates to, "step by step ferociously."

The 50-year-old Bezos told reporters at the National Press Club. "I watched Neil Armstrong step on to the surface of the moon. I guess it imprinted me. So for whatever reason, I have always been interested in space and space vehicles," said Bezos in a report by MarketWatch.