COO of Jeff Bezos' space venture Blue Origin is leaving to pursue other opportunities
The chief operating officer of Jeff Bezos' private space company Blue Origin is leaving, the company confirmed to CNBC on Wednesday.
Blue Origin CEO Bob Smith wrote in an e-mail to the company that COO Terry Benedict's last day will be Friday, Dec. 3, people familiar with the matter told CNBC. While those people said Smith did not elaborate in the e-mail as to why Benedict is leaving, Blue Origin confirmed his departure to CNBC.
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His departure comes with the company behind schedule on several pieces of its ambitious portfolio of rockets and engines. Blue Origin is seeking to compete against the likes of Virgin Galactic and Elon Musk's SpaceX in the sectors of sub-orbital space tourism and heavy lift rockets, respectively.
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The company also missed out in the latest round Pentagon launch contracts, with SpaceX and United Launch Alliance (ULA) splitting the awards made in August. Blue Origin had bid its New Glenn rocket, which is in development. Originally scheduled to launch in 2020, the company now expects New Glenn's inaugural launch no earlier than late 2021.
Blue Origin's flagship BE-4 engine, which powers both New Glenn and ULA's Vulcan rocket, has seen delays in development. An issue with the BE-4 turbopumps was identified earlier this year, but ULA CEO Tory Bruno three months later said that the problem was "sorted out."