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Tech4 outletsover 31h

Sources: Jeff Bezos' Blue Origin is raising $10B at a $130B pre-money valuation, its first outside funding round, with $4B from Coatue and $2B from Bezos (New York Times)

Blue Origin is seeking roughly $10 billion in new private capital, valuing the company at about $130 billion before the investment. This marks the first time in more than two decades that the company, previously self-funded, will accept outside investors, with notable contributions including $4 billion from Coatue and $2 billion from Jeff Bezos.

TechMeme·Ars Technica·The Next Web·TechCrunch
Tech7 outlets

Blue Origin rocket explodes on launchpad in a setback

Blue Origin’s New Glenn rocket detonated during a static-fire test at Cape Canaveral, producing a large fireball that destroyed the vehicle and critical launch-pad infrastructure. The explosion jeopardizes NASA’s lunar-mission timeline, Amazon’s satellite-deployment schedule, and has prompted the Pentagon to explore an alternative launch site.

Hacker News·TechCrunch·Engadget·The Next Web·The Verge+2
Tech3 outletsover 17h

Blue Origin pauses space tourism flights to focus on the moon

Blue Origin has paused its New Shepard suborbital space-tourism program, effectively ending the commercial flights that had completed 38 launches, carried 98 passengers and deployed more than 200 scientific payloads. The company is redirecting resources toward developing lunar landers for NASA and to support the United States’ renewed focus on moon exploration.

TechCrunch·Ars Technica·Engadget
Tech4 outletsover 5h

Blue Origin’s satellite internet network TeraWave will move data at 6Tbps

Blue Origin is building a satellite communications network named TeraWave, consisting of 5,408 satellites that will deliver up to 6 terabits per second of data capacity. The service is aimed at enterprise, data-center and government users and is slated to begin deployment in the fourth quarter of 2027.

TechCrunch·Ars Technica·TechMeme·The Verge