INSUBCONTINENT EXCLUSIVE:
Seattle: Jeff Bezos' rocket company plans to charge passengers about $200,000 (151,280 pounds) to $300,000 for its first trips into space
next year, two people familiar with its plans told Reuters.Potential customers and the aerospace industry have been eager to learn the cost
of a ticket on Blue Origin's New Shepard space vehicle, to find out if it is affordable and whether the company can generate enough demand
to make a profit on space tourism.Executives at the company, started by Amazon.com Inc founder Bezos in 2000, told a business conference
last month they planned test flights with passengers on the New Shepard soon, and to start selling tickets next year.The company, based
about 20 miles (32 km) south of Seattle, has made public the general design of the vehicle - comprising a launch rocket and detachable
passenger capsule - but has been tight-lipped on production status and ticket prices.Blue Origin representatives did not respond to requests
for comment on its programs and pricing strategy
Bezos said in May ticket prices had not yet been decided.One Blue Origin employee with first-hand knowledge of the pricing plan said the
company will start selling tickets in the range of about $200,000 to $300,000
A second employee said tickets would cost a minimum of $200,000
They both spoke on condition of anonymity as the pricing strategy is confidential.The New Shepard is designed to autonomously fly six
passengers more than 62 miles (100 km) above Earth into suborbital space, high enough to experience a few minutes of weightlessness and see
the curvature of the planet before the pressurized capsule returns to earth under parachutes.The capsule features six observation windows
Blue Origin says are nearly three times as tall as those on a Boeing Co 747 jetliner.Blue Origin has completed eight test flights of the
vertical take-off and landing New Shepard from its launch pad in Texas, but none with passengers aboard
Two flights have included a test dummy the company calls "Mannequin Skywalker."The company will do the first test in space of its capsule
escape system, which propels the crew to safety should the booster explode, "within weeks," one of the employees said.SMALL STEP FOR A
MANBlue Origin, whose Latin motto means "step by step, ferociously," is working towards making civilian space flight an important niche in
the global space economy, alongside satellite services and government exploration projects, already worth over $300 billion a year.Bezos,
the world's richest person with a fortune of about $112 billion, has competition from fellow billionaires Richard Branson and Elon Musk,
Tesla Inc's chief executive.Branson's Virgin Galactic says it has sold about 650 tickets aboard its own planned space voyages, but has not
set out a date for flights to start
The company is charging $250,000 per ticket, in line with Blue Origin's proposed pricing.SpaceX, founded by Musk in 2002, says its ultimate
goal is to enable people to live on other planets.All three are looking to slash the cost of spaceflight by developing reusable spacecraft,
meaning prices for passengers and payloads should drop as launch frequency increases.While Blue Origin has not disclosed its per-flight
operating costs, Teal Group aerospace analyst Marco Caceres estimated each flight could cost the firm about $10 million
With six passengers per trip, that would mean losing millions of dollars per launch, at least initially.Three sources said Blue's first
passengers are likely to include its own employees, though the company has not selected them yet.© Thomson Reuters 2018(Except for the
headline, this story has not been edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
