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Tech

Jeff Bezos’ presents NASA with a $2Bn offer to take people to the moon

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Take me to the moon: Jeff Bezos has offered $2 billion dollars to NASA, to build a lander that will return humans to the Moon this decade

The  Moon landing vehicle is based on SpaceX’s Starship design

Why does Bezos want to cover the costs?

He wants to cover the costs for a key contract to build a Moon landing vehicle.

“Blue Origin will bridge the HLS [Human Landing System] budgetary funding shortfall by waiving all payments in the current and next two government fiscal years up to $2bn to get the programme back on track right now,” Bezos wrote in a letter to NASA.

“This offer is not a deferral, but is an outright and permanent waiver of those payments.”

In his letter, Bezos emphasised Blue Moon’s proven heritage: “We created a 21st Century lunar landing system inspired by the well-characterised Apollo architecture – an architecture with many benefits. One of its important benefits is that it prioritizes safety.”

But didn’t Musk win this contract?

Back in April the space agency awarded the $2.9 billion contract to Elon Musk, rejecting a bid from Bezos’ company Blue Origin.

The lander is based on SpaceX’s Starship craft, which is being tested at a site in southern Texas.

SpaceX was competing against a joint bid from traditional aerospace giants and Amazon founder Jeff Bezos, as well as Alabama-based Dynetics. The total value of the contract awarded to Musk’s company is $2.89bn.

Nasa could only award the contract to one company because of funding constraints.

The award is for building the landing system that will carry astronauts down to the lunar surface as early as 2024.

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Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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Leaders

Experts reveal AI’s impact on the retail experience in Australia

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AI has become a game-changer for marketers and retailers in Australia, with many consumers reacting positively to AI integration in the retail environment.

 

Retailers are using AI to optimise inventory, personalise shopping, and improve customer service through advanced chatbots.

Shoppers now enjoy personalised recommendations and seamless online shopping experiences.

Predictions suggest more personalised experiences and smarter shopping platforms within the next 12 months.

Will Wilson, RVP of Sales APJ at SAP Emarsys joins to share his insights into how AI is streamlining success on a large scale.

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News

‘Rust’ will premiere at the Polish film festival, three years after fatal incident

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The controversial film ‘Rust’, plagued by tragedy since 2021’s fatal on-set shooting involving Alec Baldwin, is finally set to premiere in Europe.

The movie faced extensive delays and legal challenges following the tragic incident that resulted in the death of cinematographer Halyna Hutchins.

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