Blue Origin and SpaceX both recently received NASA contracts to help build the Moon Spacecraft. The largest of the contracts were awarded to Blue Origin, who received a total of $579 million, while SpaceX received $135 million for its Starship punitive.
The NASA contracts will run until February 2021, and they will have the organizations take on projects to help NASA conduct demonstration missions. Following this NASA will then evaluate which companies will be used to develop systems for the agencies projected 2024 moon mission.
The contracts show how NASA can leverage the capabilities of private sector organizations to aid in its operations. Additionally, working with NASA allows these private companies to showcase their capabilities.
Private Sector Space Contracts
Blue Origin and SpaceX Received NASA Contracts for the 2024 Mission
Trend Themes
1. Private Space Sector - Opportunity for private sector companies to partner with NASA and showcase their capabilities for space exploration.
2. Spacecraft Contracting - Increased demand for private companies to build and supply spacecrafts for government agencies.
3. Moon Mission Development - Emerging opportunities for private sector organizations to participate in developing innovative technologies for the 2024 moon mission.
Industry Implications
1. Space Exploration - Aerospace companies can expand their services by partnering with government agencies.
2. Spacecraft Manufacturing - Increased demand for spacecraft manufacturers to provide custom solutions to their clients.
3. Technology Development - Opportunity to develop innovative technologies for space exploration and showcase capabilities to government agencies.