To infinity and beyond! Blue Origin recently announced its first customer relationship with the French satellite provider, Eutelsat (ETL: EPA). 

Blue Origin revealed the innovative rocket New Glenn; by 2021, the reusable missile will soon boast a 7 meter diameter and a whopping 82 to 95 meter length. New Glenn's groundbreaking features were further revealed in a video released by Blue Origin. In the short video, the rocket blasts into space, releasing a satellite into orbit. Following the satellite's release, the rocket carrier lands safely on Earth. For the leading satellite operating corporation, this means that Eutelsat can save millions of dollars per launch, providing satellite services to their customers for less.

 

The inventive aerospace community Blue Origin was founded by Amazon (AMZN  ) CEO Jeff Bezos in 2000, but became active in 2003 with the purchase of land. Determined to make a mark in space business, Blue Origin is set on sending humans to space. Blue Origin President stated that the company was "still on track for flying people, our test astronauts, by the end of 2017, and then starting commercial flights in 2018." For now, however, Blue Origin has its sights set on the satellite business. This has a lucrative benefit to it - if Blue Origin can successfully provide satellite services to Eutelsat for less money than other aerospace companies, more satellite business may want to partner up as well.  

So far, Eutelsat has expressed their support for Blue Origin's innovative reusable rocket New Glenn. Eutelsat CEO Rodolphe Belmer articulated his belief in Blue Origin, stating that the aerospace company "has been forthcoming with Eutelsat on its strategy and convinced us they have the right mindset to compete in the launch service industry." Belmer continued, expressing his faith in New Glenn's reusability by "including New Glenn in our manifest, we are pursuing our longstanding strategy of innovation that drives down the cost of access to space and drives up performance."

The reusability of the New Glenn orbital rocket is crucial; many rocket boosters are often disposed in the ocean. If Blue Origin discovers the ability to reuse rockets, both Eutelsat and future companies can save millions of dollars. Moreover, it can make space more accessible for everyone. 

Blue Origin is already working towards the dream of space for everyone. Recently, they purchased a 750,000 square foot facility to be used by future rockets. Likewise, Blue Origin's latest space breakthrough was the fifth successful launching of the New Shepard booster rocket in 2016. The rocket booster blasted into orbit, and later landed safely back to earth. The rocket New Glenn on the other hand, will later be equipped to carry both heavy cargo and astronauts into orbit.

It is not only Blue Origin that is setting their eyes upon the stars; aerospace company competitor SpaceX recently announced their plans to fly two private citizens to space by the end of 2018. Similarly, the aerospace company Virgin Galactic recently unveiled their new rocket SpaceShipTwo, following a rocket crash a few years ago.

 

It's apparent that Blue Origin is setting new standards for space business with their recent partnership with Eutelsat. Even Blue Origin founder shared Belmer's optimism, stating that "we are honored that [Eutelsat] chose Blue Origin and our New Glenn orbital launch vehicle. Welcome to the launch manifest, Eutelsat, can't wait to fly together."