WEBVTT - Blue Origin CEO Dave Limp Talks Glenn Rocket

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>Would you start by just giving Blue Origins perspective on

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<v Speaker 2>why New Glen three is so important.

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<v Speaker 3>Yeah.

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<v Speaker 1>You know, the whole purpose of our company is to

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<v Speaker 1>build a foundation to lower the cost of space, you know,

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<v Speaker 1>so that we can benefit this planet and get millions

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<v Speaker 1>of people working in space. And one of the absolute

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<v Speaker 1>keys to that is reusability. You know, you don't throw

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<v Speaker 1>away an airplane every time you fly it. And so

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<v Speaker 1>the booster that we'll be flying hopefully tomorrow is the

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<v Speaker 1>one we flew on our last flight. We've refurbished it

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<v Speaker 1>and we'll be able to launch it again, the booster

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<v Speaker 1>again and land it and then we'll just rinse and repeat.

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<v Speaker 3>So it's a big milestone.

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<v Speaker 1>For us to show that a refurbished booster can go

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<v Speaker 1>through the same intensity of a launch and a landing

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<v Speaker 1>and be able to do that.

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<v Speaker 3>These are very large machines.

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<v Speaker 1>This is the this is the largest thing that's ever

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<v Speaker 1>gotten into orbit and and and landed.

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<v Speaker 3>On Earth.

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<v Speaker 1>And so so we're kind of cutting new ground here.

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<v Speaker 1>But you know, team's confident and we're looking forward to tomorrow.

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<v Speaker 2>The world was watching when when New Glen two went

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<v Speaker 2>in November give give some insight into the engineering that

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<v Speaker 2>goes on between the two missions. There will be some

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<v Speaker 2>data that would have informed strategy from New Glen to

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<v Speaker 2>Did you have to make some changes on the engineering

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<v Speaker 2>side or was this just a refurbishment focus.

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<v Speaker 1>It was mostly refurbishment, you know, the flight for there's

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<v Speaker 1>little things on the edges. We've updated some software, We've

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<v Speaker 1>done a few other things, but for the most part,

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<v Speaker 1>the second mission was incredibly incredibly clean.

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<v Speaker 3>You know, the data review after that was we we.

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<v Speaker 1>Learned a lot, but most of it was inside the

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<v Speaker 1>box that we knew and so we could make minor

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<v Speaker 1>tweaks and kind of kind of do this.

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<v Speaker 3>There's the refurbishing campaign.

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<v Speaker 1>There's things that we learned earned you know, some of

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<v Speaker 1>the places where we have we have parts of the

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<v Speaker 1>booster that have thermal protection on them, and we've we've

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<v Speaker 1>adjusted where we put that thermal protection. We've changed some

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<v Speaker 1>materials that are a little more blative and and but

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<v Speaker 1>beyond that, it was kind of pretty straight ahead.

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<v Speaker 3>Between kind of two and two and three.

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<v Speaker 1>We did a much deeper inspection of the booster than

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<v Speaker 1>we normally will do ongoing because it was our first

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<v Speaker 1>one and we just really wanted to understand what were

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<v Speaker 1>the stresses and loads on the vehicle. But we're ready

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<v Speaker 1>to go, and it looks it looks, it looks clean

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<v Speaker 1>and ready to go.

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<v Speaker 2>Dave introduced New Glenn to the world. You know, for

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<v Speaker 2>those that aren't familiar with the launch stack, maybe even

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<v Speaker 2>not even with the company, you know, what do they

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<v Speaker 2>need to know about this system and what its big

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<v Speaker 2>picture goals are.

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<v Speaker 1>Yeah, as I said, the mission of the company is

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<v Speaker 1>to build infrastructure to get things to space at much

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<v Speaker 1>lower cost. And when you want to have lower cost,

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<v Speaker 1>I mentioned the first thing you need reusability. If you're

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<v Speaker 1>throwing away a rocket every time, you're just never going

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<v Speaker 1>to get the cost. And when I talk about lowering

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<v Speaker 1>the cost, we think of it as how much how

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<v Speaker 1>many dollars does it take to get a kilogram of

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<v Speaker 1>payload to orbit the rocket? You know, it can be reused,

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<v Speaker 1>but it's not benefiting a customer. It's not getting anything

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<v Speaker 1>to orbit it in itself. It's the payload that's on

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<v Speaker 1>the top of the rocket. And so reusability helps a lot.

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<v Speaker 1>And for that you have to build. You have to

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<v Speaker 1>get the cost down on the rockets themselves. The second stages,

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<v Speaker 1>but you also have to build engines that can be

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<v Speaker 1>used over and over again, and again the airline analogy

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<v Speaker 1>is probably the right one there. And then I think

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<v Speaker 1>the second thing that's super important about this is you

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<v Speaker 1>want to throw a lot of mass to orbit, and

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<v Speaker 1>to do that, rockets want to be much much larger

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<v Speaker 1>than they have been in the past. So a new

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<v Speaker 1>Glen which you've seen being built behind me, the current version,

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<v Speaker 1>which has seven engines in the booster and two engines

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<v Speaker 1>in the upper stage, it can take forty five metric

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<v Speaker 1>tons to lower Earth orbit in a seven meter fairing.

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<v Speaker 1>So that's just it's about double what the rockets that

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<v Speaker 1>are out there today are doing in terms of throwaway

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<v Speaker 1>to LEO. And then if you look forward, we have

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<v Speaker 1>a next generation vehicle that we're currently building now that'll

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<v Speaker 1>be ready late next year probably is it has nine

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<v Speaker 1>engines on the main stage, it has four engines on

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<v Speaker 1>the second stage, and it has an eight point seven

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<v Speaker 1>meter fairing the part where the payload goes, and that

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<v Speaker 1>will be able to throw seventy metric tons to lower

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<v Speaker 1>Earth orbit. So you can see as the scale of

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<v Speaker 1>this goes up, the rocket doesn't linearly scale in cost

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<v Speaker 1>and it has reusability, and then you're starting to get

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<v Speaker 1>to the overall mission, which is to dramatically take an

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<v Speaker 1>order of magnitude off the cost of payload to orbit.

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<v Speaker 2>What is that current dollar per kilogram?

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<v Speaker 3>Dave?

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<v Speaker 1>You know, it varies depends on the orbits that you're at,

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<v Speaker 1>but it's measured in thou thousands of dollars.

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<v Speaker 3>Of kilogram today, you know.

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<v Speaker 1>You know, if you look at a Falcon nine, I

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<v Speaker 1>think they're pretty public and they're pricing it's thousands of dollars,

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<v Speaker 1>and I think you want to in What we want

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<v Speaker 1>to do is take an order of magnitude off of that.

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<v Speaker 3>Someday maybe two orders of magnitude. That's That's a way

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<v Speaker 3>is in the future.

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<v Speaker 1>But I think in my span in this career, in

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<v Speaker 1>this career, if I was able to take a zero

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<v Speaker 1>off that and the team were able to take a

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<v Speaker 1>zero off, that I would I considered a huge victory

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<v Speaker 1>for not only Blue but for the planet itself.

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<v Speaker 2>Success for New Glen three is putting a customer payload

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<v Speaker 2>into orbit, right, and it is having that first or

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<v Speaker 2>primary stage land back on Earth and so thus can

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<v Speaker 2>become reusable. But I think what people really are trying

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<v Speaker 2>to understand is jumping from November from New Glen two

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<v Speaker 2>to today, how a successful mission changes the cadence of

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<v Speaker 2>launch for Blue Origin.

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<v Speaker 1>Yeah, and again you describe the mission goals exactly right.

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<v Speaker 1>We want to we want to customer in this case

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<v Speaker 1>ast to get their payload right on the spot that

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<v Speaker 1>we're telling them to get it, which is in a LEO.

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<v Speaker 3>Orbit, a circular orbit.

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<v Speaker 1>And then we want to land the booster and so

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<v Speaker 1>we can bring it back and recycle again. But the

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<v Speaker 1>real thing to get to caves and is to build

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<v Speaker 1>the machine that makes the machine. So I think I

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<v Speaker 1>talked to you about this back when I was living

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<v Speaker 1>my first thirty years of my life in consumer electronics.

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<v Speaker 1>It's very easy to build a prototype of consumer electronics.

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<v Speaker 3>To build a machine that makes ten million.

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<v Speaker 1>Of them a month or twenty million of a month,

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<v Speaker 1>that is a very hard problem. That you have to

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<v Speaker 1>build the factory and build the software that builds the factory.

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<v Speaker 1>And same thing is true if we want to get

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<v Speaker 1>to a point where we fly once a week or

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<v Speaker 1>twice a week, and that is our aspiration is we

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<v Speaker 1>have to build the factories that can that can turn

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<v Speaker 1>out the second stages. That's what you see being built

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<v Speaker 1>over my shoulder here, And so you think about what

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<v Speaker 1>rate you have to do.

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<v Speaker 3>So if we want to fly once a week, we

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<v Speaker 3>have to build fifty two of.

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<v Speaker 1>Those things down there. And these are not small objects.

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<v Speaker 1>These are large objects. So you have to think about robotics, automation,

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<v Speaker 1>You have to think about supply chain and simplifying your

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<v Speaker 1>designs such that that is manufacturable. And aerospace rockets weren't

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<v Speaker 1>dramatically different forty years ago. They just were being made

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<v Speaker 1>at very very slow cadence. You know, you might make

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<v Speaker 1>one a year or one every two years, whereas we

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<v Speaker 1>want to make you know, one of these every week

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<v Speaker 1>and even more than that over time. And that's the

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<v Speaker 1>challenge is we think about scaling the cadence.

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<v Speaker 2>Dave, how many times are you modeling for New Glenn

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<v Speaker 2>to fly in twenty twenty six.

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<v Speaker 3>Yeah, I think it'd be a really good year.

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<v Speaker 1>If we could do you know, eight to twelve flights

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<v Speaker 1>this year, up from two last year, that would be

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<v Speaker 1>you know, that'd be a good cadence for us.

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<v Speaker 3>I can see a path that we have plenty of

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<v Speaker 3>hardware to do that. It really is what we learn.

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<v Speaker 1>From I would tell you that there's never been a

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<v Speaker 1>time where launch is in such demand. And by the way,

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<v Speaker 1>I think the demand's going up with all these directed

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<v Speaker 1>device announcements. Amazon made one obviously, other ast is doing

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<v Speaker 1>directive device and these mega constellations. We have our own constellation.

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<v Speaker 1>We announced with Tero Wave that I, if I could

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<v Speaker 1>fly a rocket every week right now, I would be

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<v Speaker 1>sold out for the indefinite future. And so our job

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<v Speaker 1>is to get out there, get as fast a cadence

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<v Speaker 1>as we can, as quickly as possible. And the foundation

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<v Speaker 1>of that, again is just to build a world class

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<v Speaker 1>manufacturing business.

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<v Speaker 3>And you know, that's something I've done.

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<v Speaker 1>For a long time, and the team's done for a

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<v Speaker 1>long time, and I think we're on the right path.

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<v Speaker 1>We still have ways to go, but I'm excited about

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<v Speaker 1>the progress.

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<v Speaker 2>The world became familiar with Blue Origin through New Shepherd,

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<v Speaker 2>the smaller form factor launch system, and the first focus

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<v Speaker 2>of that was kind of spaced tourism, you know, going

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<v Speaker 2>to a pretty low altitude relatively speaking, for a few

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<v Speaker 2>minutes of weightlessness. And you know, of course I was

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<v Speaker 2>in Van Horn, Texas when Jeff Bezos himself went up

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<v Speaker 2>but you took the decision to halt that program in

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<v Speaker 2>large part to focus on Blues participation in getting America

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<v Speaker 2>back to the Moon. And so you know, in the

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<v Speaker 2>first instance, Dave, what has the result of that decision been.

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<v Speaker 2>Have you been able to accelerate that other program, the

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<v Speaker 2>lunar program? How have you moved and reassigned resource and

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<v Speaker 2>people to fulfill that ambition?

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<v Speaker 1>Yeah, you know, we were able to fly ninety eight

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<v Speaker 1>people above the Carmen line. I've never seen so many

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<v Speaker 1>smiles on every astronaut that we were able to.

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<v Speaker 3>Do that for.

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<v Speaker 1>And I think if you had to make the decision

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<v Speaker 1>to put New Shepherd on pause, we put on pause

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<v Speaker 1>for at least two years. With your heart, it would

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<v Speaker 1>have been a very hard decision because you see the

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<v Speaker 1>you saw it when you.

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<v Speaker 3>Saw Jeff fly.

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<v Speaker 1>Every customer is the happiest customer you've ever seen. But

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<v Speaker 1>when you make it, when you make that decision with

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<v Speaker 1>your head, it was probably one of the simpler business

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<v Speaker 1>decisions that I and Jeff have ever made, because you know,

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<v Speaker 1>I'm so passionate about getting the US back to the Moon,

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<v Speaker 1>as is Jeff. It's you know, I don't think the

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<v Speaker 1>country wants another Sputnik moment. We have been saying it

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<v Speaker 1>blue for twenty plus years that the Moon is this

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<v Speaker 1>incredible gift.

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<v Speaker 3>Given to us.

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<v Speaker 1>You know, it's three days away, It's got all the

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<v Speaker 1>resources that we'll ever need right there, at least for

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<v Speaker 1>the foreseeable millennium ahead of us, and.

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<v Speaker 3>We know how to get there.

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<v Speaker 1>And so what we've done is, as you said, we've

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<v Speaker 1>repurposed those those very talented people that have worked on

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<v Speaker 1>New Shepherd. They're unbelievable engineers, and we've moved them into

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<v Speaker 1>our lunar efforts. They're already up and running. I already

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<v Speaker 1>see it curial changes and the cadence. We just brought

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<v Speaker 1>our Mark one lander back from being cryo tested, and

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<v Speaker 1>it's now back here at the Cape. We'll finish up

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<v Speaker 1>testing and I think we have a very good chance

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<v Speaker 1>of landing the largest thing that's ever landed on the

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<v Speaker 1>Moon in the second half of this year, and then

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<v Speaker 1>you know, we'll see what NASA says. I'm very excited

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<v Speaker 1>about Jared's new plans and if he wants to help,

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<v Speaker 1>we are ready to go. So we have a huge

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<v Speaker 1>lunar plant just across the street here, and we want

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<v Speaker 1>to build as many landers as the US wants.

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<v Speaker 2>You know that the imagination of the nation was captured

0:11:35.920 --> 0:11:37.920
<v Speaker 2>by Artemis too, but I still think it's always worth

0:11:37.920 --> 0:11:40.679
<v Speaker 2>going back to basics. So Blue is working on a

0:11:40.760 --> 0:11:45.000
<v Speaker 2>lunar lander. Could you just explain the technology and I

0:11:45.040 --> 0:11:49.720
<v Speaker 2>guess the engineering and physics and how you think it

0:11:49.720 --> 0:11:52.800
<v Speaker 2>will get to the Moon's surface, so that everyday people,

0:11:53.360 --> 0:11:57.199
<v Speaker 2>all the most sophisticated investors who are desperate to back

0:11:57.280 --> 0:12:00.120
<v Speaker 2>the commercial space industry understand how.

0:12:01.480 --> 0:12:02.000
<v Speaker 3>Yeah we have.

0:12:02.400 --> 0:12:04.480
<v Speaker 1>I think of it as we have two product lines

0:12:04.480 --> 0:12:07.680
<v Speaker 1>of lunar landers. I know that sounds amazing, but the

0:12:07.720 --> 0:12:12.080
<v Speaker 1>first one is our Mark one lander, and it's, like

0:12:12.080 --> 0:12:13.559
<v Speaker 1>I said, it's going to be the largest thing that's

0:12:13.559 --> 0:12:14.560
<v Speaker 1>ever landed on the Moon.

0:12:14.559 --> 0:12:15.719
<v Speaker 3>It's almost two x the.

0:12:15.679 --> 0:12:19.640
<v Speaker 1>Size of the Apollo limb and it can take three

0:12:19.760 --> 0:12:21.800
<v Speaker 1>metric tons, and over time, I think we might get

0:12:22.160 --> 0:12:25.280
<v Speaker 1>got more cargo of cargo to the lunar surface. So

0:12:25.440 --> 0:12:26.800
<v Speaker 1>one of the things that we need to do over

0:12:26.840 --> 0:12:29.600
<v Speaker 1>the next three to four years, and I think NASA

0:12:29.720 --> 0:12:32.000
<v Speaker 1>just laid that out in their plan, is we need

0:12:32.040 --> 0:12:34.719
<v Speaker 1>to kind of swarm the Moon with lots of experiments

0:12:34.720 --> 0:12:38.840
<v Speaker 1>and cargo and to try to build the basis for

0:12:38.880 --> 0:12:42.320
<v Speaker 1>a moon base, and so Mark one is really efficient

0:12:42.360 --> 0:12:44.760
<v Speaker 1>on that. It takes one reusable launch of new glan

0:12:45.120 --> 0:12:47.320
<v Speaker 1>to throw that to the Moon, so you don't there's

0:12:47.320 --> 0:12:51.800
<v Speaker 1>no refueling. It's got a single B seven engine which

0:12:51.840 --> 0:12:55.320
<v Speaker 1>runs on hydrogen and oxygen, and it's very efficient path

0:12:55.360 --> 0:12:57.600
<v Speaker 1>to the Moon, and so we can just lob those

0:12:57.800 --> 0:13:00.480
<v Speaker 1>off to the Moon over simplifying obviously there's a lot

0:13:00.520 --> 0:13:03.640
<v Speaker 1>of orbital dynamics to that and get a lot of

0:13:03.640 --> 0:13:06.160
<v Speaker 1>cargo to the Moon. And then we have under our

0:13:06.320 --> 0:13:11.920
<v Speaker 1>HLS contract with NASA, we are building a human capable lander.

0:13:12.040 --> 0:13:15.480
<v Speaker 1>It's again twice as big as the Mark one, and

0:13:15.520 --> 0:13:18.800
<v Speaker 1>that's our Mark I lander, and that has the ability

0:13:18.840 --> 0:13:23.600
<v Speaker 1>to bring astronauts down to the lunar surface and not

0:13:23.640 --> 0:13:26.320
<v Speaker 1>only put them there, but have them loiter there for

0:13:26.960 --> 0:13:31.960
<v Speaker 1>thirty plus days. And so it's an important nuance about

0:13:32.720 --> 0:13:34.840
<v Speaker 1>the line of business that we call our lunar line

0:13:34.840 --> 0:13:38.000
<v Speaker 1>of business. We actually call it lunar permanence. We don't

0:13:38.000 --> 0:13:40.559
<v Speaker 1>want to just go to the Moon and come back again.

0:13:40.720 --> 0:13:43.240
<v Speaker 1>That will be the path to get there over time,

0:13:43.520 --> 0:13:46.080
<v Speaker 1>but what we want to do is establish a permanence

0:13:46.440 --> 0:13:49.920
<v Speaker 1>on the Moon, and we've had that group named that

0:13:50.000 --> 0:13:52.280
<v Speaker 1>for four years because we think, again, it's such a

0:13:52.280 --> 0:13:54.200
<v Speaker 1>good gateway to the rest of the Solar System.

0:13:54.720 --> 0:13:57.679
<v Speaker 2>This was a part of the original thesis of Blue

0:13:57.760 --> 0:14:01.520
<v Speaker 2>right that Jeff had the idea that there is opportunity

0:14:01.679 --> 0:14:05.520
<v Speaker 2>and commodity in space that the human race can take

0:14:05.559 --> 0:14:06.360
<v Speaker 2>advantage of.

0:14:07.000 --> 0:14:11.120
<v Speaker 3>David, the Moon's been being you know, pummeled by asteroids

0:14:11.160 --> 0:14:14.079
<v Speaker 3>for four and a half billion years, and unlike the Earth,

0:14:14.080 --> 0:14:16.360
<v Speaker 3>it doesn't have running water to erode all that away.

0:14:16.400 --> 0:14:20.440
<v Speaker 1>And so with you know, every known element is likely

0:14:20.480 --> 0:14:23.320
<v Speaker 1>on the Moon at at our fingertips to be able

0:14:23.360 --> 0:14:26.840
<v Speaker 1>to build heavy industry in orbit and out on the Moon,

0:14:27.200 --> 0:14:29.720
<v Speaker 1>and then we can reduce the amount of heavy industry

0:14:29.720 --> 0:14:30.200
<v Speaker 1>here on Earth.

0:14:31.440 --> 0:14:34.320
<v Speaker 2>I should ask you, Dave, you know, myself and my

0:14:34.320 --> 0:14:38.800
<v Speaker 2>colleague Lorin crush a broker's story that you know, in

0:14:38.960 --> 0:14:42.800
<v Speaker 2>future stages of the Artemis program. There are basically two

0:14:42.840 --> 0:14:46.520
<v Speaker 2>proposals on NASA's desk. One is from SpaceX and the

0:14:46.560 --> 0:14:49.040
<v Speaker 2>other is from Blue And what they're trying to work

0:14:49.120 --> 0:14:53.000
<v Speaker 2>out is the best method to get the Orion spacecraft

0:14:53.080 --> 0:14:57.240
<v Speaker 2>developed principally by Lockheed Martin from low Earth orbit to

0:14:57.520 --> 0:14:59.960
<v Speaker 2>a lunar orbit. And part of what we reported is

0:15:00.680 --> 0:15:04.800
<v Speaker 2>SpaceX's Starship is one example, would basically go nose to

0:15:04.840 --> 0:15:08.280
<v Speaker 2>nose whether Ryan and push it to the moon. That's

0:15:08.320 --> 0:15:10.600
<v Speaker 2>a stage that's somewhere in between what you and I

0:15:10.600 --> 0:15:14.160
<v Speaker 2>have discussed thus far. But could you say anything about

0:15:14.200 --> 0:15:17.600
<v Speaker 2>blues proposal and how you feel you can fit into

0:15:17.600 --> 0:15:21.440
<v Speaker 2>the current artomis architecture for Automis three four and five,

0:15:21.560 --> 0:15:25.160
<v Speaker 2>and what the current status of the program is.

0:15:26.360 --> 0:15:28.960
<v Speaker 1>Yeah, good reporting on your own behalf, first of all,

0:15:28.960 --> 0:15:31.840
<v Speaker 1>But I would say that I won't give too much

0:15:31.880 --> 0:15:34.240
<v Speaker 1>away because I think it's That's not because I'm being

0:15:34.320 --> 0:15:36.800
<v Speaker 1>cag I just think it's for NASA to decide and

0:15:36.840 --> 0:15:39.720
<v Speaker 1>when they want to announce if they choose to work

0:15:39.720 --> 0:15:43.320
<v Speaker 1>with Blue. Here, you know, we're obviously very hopeful and

0:15:43.360 --> 0:15:46.880
<v Speaker 1>we want to help. I can tell you that none,

0:15:47.280 --> 0:15:50.040
<v Speaker 1>I love our architecture. I think it closes very well.

0:15:50.080 --> 0:15:55.280
<v Speaker 1>I think it's extremely affordable in lunar terms, so I

0:15:55.360 --> 0:15:58.360
<v Speaker 1>think I think it will benefit us tax bearers. But

0:15:58.520 --> 0:16:02.120
<v Speaker 1>I also I can all to tell you that none,

0:16:02.240 --> 0:16:06.680
<v Speaker 1>none of our architecture requires of us pushing a Ryan

0:16:06.840 --> 0:16:08.040
<v Speaker 1>to the moon.

0:16:08.240 --> 0:16:11.920
<v Speaker 2>So understood and Dave. When you and I first started talking,

0:16:12.000 --> 0:16:16.960
<v Speaker 2>you were the Devices and Services chief at Amazon, a job,

0:16:17.080 --> 0:16:19.280
<v Speaker 2>I suppose, in the first instance, very much focused on

0:16:19.320 --> 0:16:22.640
<v Speaker 2>what's happening here on Earth. But what's the experience been

0:16:22.840 --> 0:16:27.080
<v Speaker 2>like going into commercial space? Was there some very clear

0:16:27.080 --> 0:16:30.400
<v Speaker 2>similarities between those lines of works, you know, I guess

0:16:30.440 --> 0:16:33.840
<v Speaker 2>are on the electronic side super interesting? Or if you

0:16:34.000 --> 0:16:36.160
<v Speaker 2>sort of gone about this with a clean slate, I

0:16:36.200 --> 0:16:39.480
<v Speaker 2>think it'd be really useful to reflect on the time

0:16:39.560 --> 0:16:42.680
<v Speaker 2>so far and what you've learned along the way.

0:16:43.640 --> 0:16:47.200
<v Speaker 1>Yeah, I'm about two years into this, and the first

0:16:47.240 --> 0:16:50.400
<v Speaker 1>thing I would tell you is that I probably didn't

0:16:50.480 --> 0:16:53.200
<v Speaker 1>realize it before I took it, But it's it's it

0:16:53.360 --> 0:16:54.160
<v Speaker 1>is a dream job.

0:16:54.960 --> 0:16:57.200
<v Speaker 3>You know. I get to wake up. It's a hard job,

0:16:57.240 --> 0:16:58.040
<v Speaker 3>but I get to wake.

0:16:57.960 --> 0:17:01.080
<v Speaker 1>Up every morning, and I have this unbelievable team of people,

0:17:01.160 --> 0:17:02.920
<v Speaker 1>and we get to make rockets for a living and

0:17:03.000 --> 0:17:07.359
<v Speaker 1>lunar landers and satellites, you know. So it's I often

0:17:07.600 --> 0:17:10.240
<v Speaker 1>used to say, you know, I had the world's biggest

0:17:10.280 --> 0:17:10.880
<v Speaker 1>Lego set.

0:17:11.000 --> 0:17:13.480
<v Speaker 3>Now I really do have the world's biggest Lego.

0:17:13.320 --> 0:17:16.000
<v Speaker 1>Set, and and it's so much fun, fun to play

0:17:16.000 --> 0:17:18.960
<v Speaker 1>with it, and and kind of invent new things. So

0:17:19.000 --> 0:17:22.959
<v Speaker 1>that's that's been just such a pleasant surprise. Also, the

0:17:22.960 --> 0:17:25.960
<v Speaker 1>missionary nature of the team here at Blue has been

0:17:26.040 --> 0:17:27.240
<v Speaker 1>such a pleasant surprise.

0:17:28.280 --> 0:17:29.600
<v Speaker 3>People are here because.

0:17:29.400 --> 0:17:32.080
<v Speaker 1>They love space, they want to make the Earth a

0:17:32.119 --> 0:17:34.240
<v Speaker 1>better place to live, and they want to move pluting

0:17:34.280 --> 0:17:37.399
<v Speaker 1>industry into space. And that's just to a tea to

0:17:37.520 --> 0:17:39.680
<v Speaker 1>all our employees, all ten thousand plus of them.

0:17:39.920 --> 0:17:41.280
<v Speaker 3>It's just amazing to see.

0:17:41.560 --> 0:17:44.600
<v Speaker 1>I would say the biggest similarity to what I you know,

0:17:44.640 --> 0:17:47.280
<v Speaker 1>I spent thirty years in consumer electronics, starting at Apple

0:17:47.320 --> 0:17:52.119
<v Speaker 1>and as you said, ending at Amazon, is that, even

0:17:52.119 --> 0:17:55.320
<v Speaker 1>though these things are a thousand times larger than what

0:17:55.359 --> 0:18:01.119
<v Speaker 1>I'm used to, manufacturing the basics of building a manufacturing

0:18:01.160 --> 0:18:05.080
<v Speaker 1>plant and building it to work very efficiently, and how

0:18:05.119 --> 0:18:08.159
<v Speaker 1>you build a product to make it manufacturable, those have

0:18:08.280 --> 0:18:11.720
<v Speaker 1>transferred better than I would have guessed. Actually, So I

0:18:11.720 --> 0:18:13.600
<v Speaker 1>think that's the you know, I'm still coming up to

0:18:13.680 --> 0:18:18.680
<v Speaker 1>speed on becoming at least a toddler in terms of aerospace.

0:18:19.560 --> 0:18:22.360
<v Speaker 1>Jeff has forgotten more than I will ever know, probably,

0:18:23.119 --> 0:18:26.080
<v Speaker 1>but I do think I can bring a good amount

0:18:26.119 --> 0:18:29.840
<v Speaker 1>of transferable expertise on how to make these lines run,

0:18:29.920 --> 0:18:32.119
<v Speaker 1>how to make the supply chain work better and we're

0:18:32.160 --> 0:18:35.720
<v Speaker 1>already starting to see huge benefits of that. And I

0:18:35.720 --> 0:18:39.240
<v Speaker 1>think it's just the velocity of our learning curve is

0:18:39.280 --> 0:18:39.880
<v Speaker 1>just getting better.

0:18:40.080 --> 0:18:41.880
<v Speaker 2>Dave, I want to ask you very quickly, I guess

0:18:41.920 --> 0:18:46.440
<v Speaker 2>as a case study, space based internet, you know, call

0:18:46.520 --> 0:18:51.520
<v Speaker 2>it connectivity. But you know, AST is clearly an important customer.

0:18:52.400 --> 0:18:56.280
<v Speaker 2>SpaceX has its Starlin coffering, Amazon has its own offering.

0:18:56.800 --> 0:18:58.760
<v Speaker 2>You know that seems to be pushing a lot of

0:18:58.840 --> 0:19:05.240
<v Speaker 2>momentum towards or I guess motivation to increase launch cadence.

0:19:05.320 --> 0:19:07.440
<v Speaker 2>How is that playing out on your desk?

0:19:08.840 --> 0:19:11.760
<v Speaker 3>Well, you know, I think that people would have.

0:19:13.320 --> 0:19:17.960
<v Speaker 1>Ten years ago, people would have really said, our reusable

0:19:18.040 --> 0:19:20.119
<v Speaker 1>rocket's going to happen at these frequencies.

0:19:20.160 --> 0:19:22.399
<v Speaker 3>They were to poop poo that, and people would have

0:19:22.400 --> 0:19:24.040
<v Speaker 3>pooh pooed that. You know, in the.

0:19:23.840 --> 0:19:28.000
<v Speaker 1>Seattle area, between Amazon, Leo and Starlink, both their manufacturing

0:19:28.000 --> 0:19:31.000
<v Speaker 1>plants are there, and we're based there as well. I'm

0:19:31.000 --> 0:19:33.560
<v Speaker 1>in Florida right now, but we have a manufacturing plant

0:19:33.560 --> 0:19:36.359
<v Speaker 1>there as well. That more satellites are being made per

0:19:36.480 --> 0:19:39.520
<v Speaker 1>day in the satellite era in the Seattle area than

0:19:39.560 --> 0:19:40.800
<v Speaker 1>we're built per year.

0:19:41.000 --> 0:19:43.760
<v Speaker 3>A decade ago. So's the you know, that's the.

0:19:43.880 --> 0:19:47.439
<v Speaker 1>Amazing thing that's happening in the space industry as we

0:19:47.520 --> 0:19:50.920
<v Speaker 1>start thinking about building things at much higher rates. And

0:19:51.000 --> 0:19:53.840
<v Speaker 1>what when you get the cost down and the cost

0:19:53.880 --> 0:19:56.920
<v Speaker 1>of a Starling satellite or a LEO satellite, they're incredibly

0:19:56.960 --> 0:20:01.560
<v Speaker 1>low cost. Then the economics of the these mega constellations

0:20:01.640 --> 0:20:05.560
<v Speaker 1>because they don't look much different than terrestrial cell towers.

0:20:06.119 --> 0:20:09.879
<v Speaker 1>And so if it's directed device, or it's broadband services

0:20:09.960 --> 0:20:11.800
<v Speaker 1>or with terror away of what we're working on is

0:20:11.960 --> 0:20:17.280
<v Speaker 1>enterprise back haul and very high speed data, it can

0:20:17.600 --> 0:20:21.080
<v Speaker 1>it can compete against terrestrial things. And I think that's

0:20:21.119 --> 0:20:23.560
<v Speaker 1>why you know you're hearing a lot more and Jeff

0:20:23.600 --> 0:20:26.359
<v Speaker 1>started talking about it a year ago around data centers

0:20:26.359 --> 0:20:29.119
<v Speaker 1>in space, that that crossover point is going to happen

0:20:29.119 --> 0:20:32.480
<v Speaker 1>as well. And all that does is it just takes

0:20:32.600 --> 0:20:35.879
<v Speaker 1>what is already a pretty limited launch market and just

0:20:36.320 --> 0:20:39.760
<v Speaker 1>there's just a craving for more. So I feel that

0:20:40.200 --> 0:20:43.080
<v Speaker 1>and we feel it blue that it's our responsibility to

0:20:43.480 --> 0:20:46.560
<v Speaker 1>make sure that there's lots of alternatives with lots of

0:20:46.600 --> 0:20:49.880
<v Speaker 1>capabilities to go up. And that just means building more

0:20:49.920 --> 0:20:52.280
<v Speaker 1>infrastructure down here at the Cape. Because This is the

0:20:52.320 --> 0:20:54.320
<v Speaker 1>best place to launch a rocket from, and we just

0:20:54.359 --> 0:20:55.400
<v Speaker 1>need more infrastructure.