WEBVTT - Blue Origin CEO Dave Limp Talks Lunar Project Focus

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

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<v Speaker 2>We're very constrained as a country in terms of the

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<v Speaker 2>number of launch vehicles that we have right now, and

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<v Speaker 2>our adversaries around the world are not standing still.

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<v Speaker 1>They're putting hundreds of billions.

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<v Speaker 2>Of dollars into launch and into space, and especially as

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<v Speaker 2>it relates to the Moon, which we haven't been on

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<v Speaker 2>the Moon for fifty years. We think it's really important

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<v Speaker 2>for Blue, for the country, and it just made prudent

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<v Speaker 2>sense from our standpoint to take the brilliant people that

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<v Speaker 2>we're working on New Shepherd, pause that for a while

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<v Speaker 2>we're planning for at least two years, and then repurpose

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<v Speaker 2>them to even further accelerate our efforts in lunar and launch.

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<v Speaker 3>There was all this excitement I think about New Shepherd,

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<v Speaker 3>especially because Katie Perry went to space and for civilians

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<v Speaker 3>who maybe want to have that moment like Mark Bezos had.

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<v Speaker 3>So do you think you'll go back to that at

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<v Speaker 3>some point?

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<v Speaker 1>Point?

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<v Speaker 3>Is it really just a pause?

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<v Speaker 1>I think we will.

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<v Speaker 2>I think there's still you know, we had multiple years

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<v Speaker 2>of backlog and that it was the easiest ticket to sell,

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<v Speaker 2>was that, And so I think we'll likely come back

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<v Speaker 2>into that into that business. But again at the moment

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<v Speaker 2>in time right now, it just makes more sense to focus.

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<v Speaker 1>On on the Moon.

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<v Speaker 3>So it really is a space race right now.

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<v Speaker 2>I don't you know, I'm very much pro America and

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<v Speaker 2>a capitalist, but I don't think we want another Spotnik moment.

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<v Speaker 2>And we were the first to put boots on the Moon,

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<v Speaker 2>and I really feel like we want to put you know,

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<v Speaker 2>we want to put boots on the moon. And this

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<v Speaker 2>time the name of our group inside of Blue is

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<v Speaker 2>the Lunar Permanence. So we're not only racing to the

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<v Speaker 2>Moon to get there back again for the first time,

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<v Speaker 2>but we want.

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<v Speaker 1>To keep people on the moon, you know, the moon.

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<v Speaker 2>If I don't know where you stand on the Fermi paradox,

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<v Speaker 2>but if you're in the this is all a simulation

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<v Speaker 2>camp the moon. The Moon would have been a it's

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<v Speaker 2>a cheat code in the game that we're living in.

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<v Speaker 2>It's literally three days away, it has no atmosphere, it's

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<v Speaker 2>got one sixth gravity, it's been around for four billion

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<v Speaker 2>plus years. It has every mineral on that that we

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<v Speaker 2>could probably think of. It has water, and we would

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<v Speaker 2>be crazy as a nation not to figure out how

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<v Speaker 2>to use that as a stepping stone to the rest

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<v Speaker 2>of the Solar System and beyond.

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<v Speaker 3>So when you have this visit from the Secretary Hegsath

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<v Speaker 3>and you're talking about going to the moon, what is

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<v Speaker 3>the Department of Defense, Department of War, What is the

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<v Speaker 3>US administration asking of you?

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<v Speaker 2>I think the Department of War is a little separate

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<v Speaker 2>from NASA, is really the leading the sphere for going

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<v Speaker 2>to the moon, and we're very supportive of that. But

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<v Speaker 2>in general, when you talk to Secretary Hegseath Feinberg at all,

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<v Speaker 2>what you find, especially in air gerospace, is that we've

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<v Speaker 2>ten twenty thirty years ago, we mortgaged our future a

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<v Speaker 2>bit as a country in that if you looked at

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<v Speaker 2>the industrial base of the United States coming out of

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<v Speaker 2>World War Two, for the next ten to twenty years,

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<v Speaker 2>our aerospace industry was incredibly vertically integrated, all the way

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<v Speaker 2>down to the supply chain components, to the raw steel,

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<v Speaker 2>to the raw aluminum, to the titanium. And we somewhere

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<v Speaker 2>a couple decades ago, lost the formula and we outsourced

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<v Speaker 2>that supply chain.

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<v Speaker 1>And so what I think we're seeing is a renewed interest.

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<v Speaker 2>And I can certainly say that for Blue that we're

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<v Speaker 2>trying to bring that manufacturing back to the United States

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<v Speaker 2>and our allies. And the fact of the matter is

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<v Speaker 2>that it's often lost on people. Building a prototype or

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<v Speaker 2>one or ten of something is easy. Building the machine

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<v Speaker 2>that makes hundreds of those things, thousands of those things

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<v Speaker 2>in my last job at Amazon, tens of millions of

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<v Speaker 2>those things.

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<v Speaker 1>That is hard and so uh and part of that.

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<v Speaker 2>Part of that being hard is understanding your supply chain

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<v Speaker 2>and being able to very vertically integrate and when somebody says,

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<v Speaker 2>build a new version of this rocket, can you do

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<v Speaker 2>it in a period.

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<v Speaker 1>Of time that's tractable.

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<v Speaker 2>And right now, for the most part, we we have

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<v Speaker 2>lost our way and we're really about trying to pivot

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<v Speaker 2>and get that supply chain, get that manufacturing capability, and

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<v Speaker 2>make Blue Origin and hopefully others will follow our follow

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<v Speaker 2>our lead the world's best manufacturing partner.

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<v Speaker 3>So when it comes to going to the Moon, what

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<v Speaker 3>is the status of the launch, Launder I know apparently

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<v Speaker 3>it is in the works right now being tested in Houston.

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<v Speaker 3>I've been told what's the timeline.

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<v Speaker 2>Yeah, we have we have a couple of different fire

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<v Speaker 2>irons in the fire right now, so we have what

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<v Speaker 2>we call m K one mark one of our lander,

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<v Speaker 2>which is a very large cargo lander. It can three

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<v Speaker 2>metric tons to the lunar surface. That vehicle is in

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<v Speaker 2>just in cryovac testing right now. It'll come back and

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<v Speaker 2>our hope is to launch that in the next you know,

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<v Speaker 2>three to six months, and you know, to put that

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<v Speaker 2>in perspective, that's completely funded by Blue Origin, and it

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<v Speaker 2>is it will be by far the largest thing that

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<v Speaker 2>has ever landed on the Moon. Now it's cargo only

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<v Speaker 2>and so but it is a pathfinder mission. It's going

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<v Speaker 2>to test our avionics, our light, our system, our landing systems,

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<v Speaker 2>our engine, our B seven engine, and to allow us

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<v Speaker 2>to test all those de risk those things for when

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<v Speaker 2>we try to get boots on the Moon. As we

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<v Speaker 2>move forward, I think, you know, it's it'll take an

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<v Speaker 2>all out effort, but I think there's a path where

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<v Speaker 2>we could get we could get people back to the

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<v Speaker 2>Moon and twenty twenty eight if if NASA wants us

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<v Speaker 2>to and we think we have an architecture that would

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<v Speaker 2>allow us to do that, we'll see what the new

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<v Speaker 2>administration has to say, but we're ready and willing to

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<v Speaker 2>give it a shot.

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<v Speaker 3>So the cargo lander is the first step before human lander.

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<v Speaker 2>Yeah, and they share a huge amount of the same

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<v Speaker 2>architectural features. As I said, all those subsystems. What you

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<v Speaker 2>have to add to it is and obviously launch. You

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<v Speaker 2>saw the vehicle launch that wasn't Ai by the way.

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<v Speaker 1>That's a real rocket, and you never know these days.

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<v Speaker 1>You don't know these days.

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<v Speaker 2>But the fact of the matter is what we have

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<v Speaker 2>to add on top of that is life supports systems

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<v Speaker 2>and systems that can support docking with Orion as Orion

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<v Speaker 2>comes together to bring the astronauts from Earth to the

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<v Speaker 2>lunar lander before we land on the moon.

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<v Speaker 3>You mentioned others will follow, and recently Jeff Bezos, who

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<v Speaker 3>never tweets, this was his first tweet of twenty twenty six,

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<v Speaker 3>posted a photo of this black tortoise, which goes along

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<v Speaker 3>with blue origins. I think motif of slow and ferocious, methodical.

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<v Speaker 3>But a lot of people have viewed it as a

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<v Speaker 3>warning shot to Elon Musk, which really was focused on

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<v Speaker 3>SpaceX going to Mars and now he's saying we're going

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<v Speaker 3>to focus on the Moon. What do you make of

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<v Speaker 3>that tweet and what is the competition right now? Do

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<v Speaker 3>you think you're going to be the first.

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<v Speaker 2>Well, it gives me an opportunity to put on a

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<v Speaker 2>T shirt for you, So there you go. That's nothing else.

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<v Speaker 1>Let me do that. I get to keep this. Yeah,

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<v Speaker 1>that's all yours.

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<v Speaker 2>And that's the first one off the presses too. By

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<v Speaker 2>the way, I think everybody's going to want one of those.

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<v Speaker 2>But gratitum ferosit is the sort of our internal statement

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<v Speaker 2>about and it sort of stands for step by step ferociously,

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<v Speaker 2>which is that you want when you're building space vehicles,

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<v Speaker 2>when you're going to space, you want to do it

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<v Speaker 2>in a way that you're testing as much as you

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<v Speaker 2>can on the ground. Obviously some point you have to

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<v Speaker 2>launch a rocket and see if it works. But we

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<v Speaker 2>want to just move to it and steadfasting, holding within

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<v Speaker 2>reason to our mission. And for the last fifteen years

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<v Speaker 2>we've been saying that. As I said, this moon that's

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<v Speaker 2>out there is amazing place as a stepping stone for us.

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<v Speaker 1>What we're trying to do as a company is again.

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<v Speaker 2>We've visited all the planets in the Solar System with

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<v Speaker 2>probes or in some cases you know, satellites and flybys,

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<v Speaker 2>and we.

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<v Speaker 1>Now know this planet is the good one you.

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<v Speaker 2>Know, it's got an atmosphere, it's got water, it's a

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<v Speaker 2>pretty good place to live, especially down here in South Florida.

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<v Speaker 2>And what we want to do is preserve this planet

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<v Speaker 2>and move heavy industry off of this planet so that

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<v Speaker 2>we can support double, triple, quadruple the population on this planet.

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<v Speaker 1>And that's doable, by the way. That's a very tractable problem.

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<v Speaker 2>And the Moon is an incredibly important part of that.

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<v Speaker 2>And so for us, it's not about did SpaceX change

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<v Speaker 2>their mind or did a lawn change their mind?

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<v Speaker 1>If they did, thank you.

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<v Speaker 2>I'm glad that you're going in this direction because I

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<v Speaker 2>think that's what's right for this planet. I would say

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<v Speaker 2>though that, you know, it makes for good headlines that SpaceX.

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<v Speaker 1>Doesn't have to lose for Blue to succeed.

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<v Speaker 2>What the US needs is it needs two Spacexes.

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<v Speaker 1>It needs two launch companies that are.

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<v Speaker 2>Competing vigorously against each other to try to give us

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<v Speaker 2>the most capabilities as a country, commercially, civilly from a

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<v Speaker 2>defense perspective, because our adversaries aren't standing still and so

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<v Speaker 2>we need to be moving very quickly.

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<v Speaker 1>Healthy competition.

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<v Speaker 3>But I think a lot of people run into that

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<v Speaker 3>as the tortoise being blue origin and the hair being

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<v Speaker 3>Elon Musk and SpaceX because it also comes after Secretary

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<v Speaker 3>Duffy had said that SpaceX is behind, so they were

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<v Speaker 3>opening up for everyone in terms of Artemis and Jared Isaacman,

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<v Speaker 3>who's now the administrator, also said essentially, yeah, whoever can

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<v Speaker 3>get there first is going to get the contracts.

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<v Speaker 1>So do you think you're going to get there first?

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<v Speaker 2>I think, if asked, we will make it. We'll give

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<v Speaker 2>it a run for our money. I like our architecture.

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<v Speaker 2>I like our odds of getting there very quickly. I

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<v Speaker 2>don't have a crystal ball into what SpaceX is doing.

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<v Speaker 2>I think again, Gwenn and Alan are competent, and they

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<v Speaker 2>showed every day by launching rockets. But I love the

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<v Speaker 2>fact that the US would compete us against each other.

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<v Speaker 2>They are for sustainability on lunar, we're talking about who

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<v Speaker 2>could get there in twenty twenty eight. If asked, we

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<v Speaker 2>will step up and we will move Heaven and Earth

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<v Speaker 2>to get to the Moon first.

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<v Speaker 3>When it comes sustainability and actually being on the moon,

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<v Speaker 3>you talk about the minerals that are on the moon,

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<v Speaker 3>what we can do. What is your thinking of the

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<v Speaker 3>possibilities and know people talk about.

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<v Speaker 1>Data centers in space.

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<v Speaker 3>I think Jeff Bezos wrote about that in high school,

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<v Speaker 3>so he was really a foresight for sure on his side.

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<v Speaker 3>What would be the next phase of this.

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<v Speaker 2>Well, in the near term, there are some incredibly strategic

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<v Speaker 2>places on the Moon. We now know at the p

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<v Speaker 2>there is water, and there are these points on the

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<v Speaker 2>Moon called eternal peaks of light where you get sunlight

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<v Speaker 2>for basically twenty four by seven lunar days or days

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<v Speaker 2>however you want to look at it. But there are

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<v Speaker 2>a few of those places, you know, many but not thousands,

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<v Speaker 2>where they're also very close to these valleys and these

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<v Speaker 2>caves where we know that there's water.

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<v Speaker 1>And if you're going to build.

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<v Speaker 2>Moon Base one Alpha, where you want to do it

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<v Speaker 2>is next to these eternal peaks of light, so you

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<v Speaker 2>can get power from solar panels and that you can

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<v Speaker 2>harvest the water for both obviously human survival systems ecless systems,

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<v Speaker 2>but also for fuel for rockets. You know, are our

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<v Speaker 2>rocket that lands, are lander that lands on the Moon.

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<v Speaker 2>That engine uses hydrogen and oxygen from basic chemistry, you

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<v Speaker 2>should remember that's just water cracked and so we can

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<v Speaker 2>be able to be able to pull that, pull that

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<v Speaker 2>aside and make more fuel to return from the moon,

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<v Speaker 2>go to different places on the Moon.

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<v Speaker 1>So that's kind of phase one.

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<v Speaker 2>Find these unbelievably strategic locations, get permanence nearby of these locations,

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<v Speaker 2>and build habitats. Once you're there, then you can start

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<v Speaker 2>thinking about that as a lifting off point for all

0:12:14.679 --> 0:12:17.800
<v Speaker 2>sorts of other things. You can build data centers there,

0:12:17.880 --> 0:12:19.800
<v Speaker 2>you can build whole colonies there.

0:12:19.840 --> 0:12:20.920
<v Speaker 1>You can mine the moon.

0:12:21.520 --> 0:12:23.960
<v Speaker 2>As I said, we don't know everything that's on the Moon,

0:12:24.000 --> 0:12:27.080
<v Speaker 2>but it's been bombarded by asteroids for four point five

0:12:27.120 --> 0:12:27.840
<v Speaker 2>billion years.

0:12:28.400 --> 0:12:30.400
<v Speaker 1>Pretty much everything is likely to be there, as my.

0:12:30.440 --> 0:12:33.719
<v Speaker 2>Prediction, And so how do we utilize that and then

0:12:33.920 --> 0:12:38.640
<v Speaker 2>build manufacturing, build data inference in space? Those are all

0:12:38.800 --> 0:12:41.320
<v Speaker 2>great places to start from when you look at the Moon.

0:12:41.440 --> 0:12:43.840
<v Speaker 3>I was telling Mark Bezos earlier that I was one

0:12:43.880 --> 0:12:46.160
<v Speaker 3>of those skeptic journalists when everyone was going to space.

0:12:46.200 --> 0:12:49.679
<v Speaker 3>So you know, I've seen abject poverty around the world

0:12:49.760 --> 0:12:51.400
<v Speaker 3>traveling with my job, and I would.

0:12:51.240 --> 0:12:52.720
<v Speaker 1>Think, why are they going to space? We have so

0:12:52.800 --> 0:12:53.120
<v Speaker 1>much to.

0:12:53.040 --> 0:12:57.400
<v Speaker 3>Fix on Earth. But what you're describing is actually making

0:12:57.440 --> 0:13:01.199
<v Speaker 3>Earth better by going to space using all those resources.

0:13:01.720 --> 0:13:04.760
<v Speaker 3>You mentioned adversaries, How can you ensure that the US

0:13:04.840 --> 0:13:06.280
<v Speaker 3>is going to get there first?

0:13:07.280 --> 0:13:09.319
<v Speaker 2>Well, I think that might be a better question for

0:13:09.559 --> 0:13:14.280
<v Speaker 2>Jared and for the President, and but you know, we're

0:13:14.320 --> 0:13:17.640
<v Speaker 2>prepared to do everything we can, including our own investment,

0:13:17.679 --> 0:13:18.800
<v Speaker 2>to try to make that happen.

0:13:19.840 --> 0:13:22.360
<v Speaker 1>But I you know, I'm not going to candy coat it.

0:13:24.000 --> 0:13:29.040
<v Speaker 2>Our adversaries are investing incredibly into space, way more than

0:13:29.080 --> 0:13:31.480
<v Speaker 2>the United States is, even with all the private investment

0:13:31.520 --> 0:13:34.400
<v Speaker 2>that has come in from SpaceX and Jeff with Blue

0:13:34.440 --> 0:13:38.920
<v Speaker 2>and others. It's and so I you know, the if

0:13:38.960 --> 0:13:41.720
<v Speaker 2>you look at it from a defense perspective, forget about

0:13:41.760 --> 0:13:44.080
<v Speaker 2>the civil applications, which is more the moon, but just

0:13:44.160 --> 0:13:49.160
<v Speaker 2>the defense perspective. You know Sons who said it best

0:13:49.240 --> 0:13:52.520
<v Speaker 2>high ground matters, and you know in World War two

0:13:52.600 --> 0:13:55.760
<v Speaker 2>and post World War two, the you know, the skies

0:13:55.800 --> 0:13:59.640
<v Speaker 2>were high ground and having control of the sky was

0:13:59.800 --> 0:14:00.560
<v Speaker 2>really important.

0:14:00.880 --> 0:14:02.440
<v Speaker 1>Space is the new high ground.

0:14:02.960 --> 0:14:05.680
<v Speaker 2>And if we do not think about space as a

0:14:05.760 --> 0:14:09.199
<v Speaker 2>domain that we have mobility in, that we have awareness in,

0:14:10.160 --> 0:14:12.959
<v Speaker 2>then our adversaries could take that high ground. And I

0:14:13.080 --> 0:14:16.559
<v Speaker 2>you know, I'm a firm believer in freedom and democracy

0:14:16.679 --> 0:14:20.120
<v Speaker 2>and this republic that we live in and I do

0:14:20.240 --> 0:14:24.920
<v Speaker 2>believe that making sure you have good deterrence against your

0:14:24.920 --> 0:14:28.720
<v Speaker 2>adversary matters. And I think our job as a manufacturer

0:14:28.720 --> 0:14:31.840
<v Speaker 2>and a space provider is to give our war fighters,

0:14:31.880 --> 0:14:36.840
<v Speaker 2>to give our civil astronauts the best technology possibles.