Jeff Bezos’ Blue Origin is looking at the UAE’s desert as a possible location for a spaceport for tourists.
The company has successfully sent eight people into space through its New Shepard suborbital flights — including Star Trek actor William Shatner, 90, who became the oldest person in space.
In an exclusive interview with The National, Brent Sherwood, senior vice president of advanced development programmes for Blue Origin, said the UAE was an “obvious choice” for a spaceport and that it was looking to expand its launch sites from the current one in El Paso, Texas.
“Now that we are operational for tourism, the next thing we are looking at is other locations around the planet to establish launch and landing sites for New Shepard,” he said.
A couple of nights ago I slept over in Sharjah and did some stargazing in the desert. It’s very promising to think about areas here
Brent Sherwood,
Blue Origin
“It’s an obvious place to look here. All we really need is some desert. One of the endearing qualities of the West Texas desert is that it is hard to get to the El Paso airport. You have to drive for a couple of hours and it is in the middle of nowhere.
“A couple of nights ago I slept over in Sharjah and did some stargazing in the desert. It was only 30 minutes away from Dubai, so I think it’s very promising to think about areas here.”
Mr Sherwood was speaking to The National on the sidelines of the International Astronautical Congress, which is taking place at the Dubai World Trade Centre until October 29.
Booking space tourism trips from the UAE
AzurX is a private company in Dubai that is working as a strategic adviser to Blue Origin and will work as a bridge between the UAE and space tourism company.
Anna Hazlett, chief executive of AzurX, told The National that it would be helping Blue Origin with its localisation strategy in the UAE, and would assist customers with space tourism flights and opportunities on Orbital Reef — a new private space station Blue Origin announced on Monday.
“The AzurX team is proud to assist Blue Origin in exploring Orbital Reef and space tourism in the UAE,” she said.
“We look forward to developing this exciting program with Blue Origin and bringing opportunities to the UAE, Emirati visionaries, entrepreneurs, and businesses.”
Orbital Reef would be a “mixed-use business park” that would provide easier access to a diverse group of people ranging from tourists to media, science and finance.
Are tickets affordable?
Blue Origin has not revealed the price of a ticket on a New Shepard flight, but one was sold for $28 million during an auction.
Mr Sherwood said prices are expected to decrease once reusable orbital vehicles become more common.
“Costs are coming down already, let's say even in the pricing of New Shepard suborbital seats, where we're seeing that price curve,” he said.
“The first seat was result of an auction and that was a lot of money, but the seats we’ve sold since were not sold for that price, they were sold for less.
“We have a database of interested passengers and we are observing that price point come down. It’s very exciting because we’ve only flown two human missions so far and we’re already seeing that decrease. That will continue as reusable orbital vehicles get more common.
“As to the question of getting all the way down to a price where you and I do it, that’s going to be a while and that’s going to be a long time coming, I think.”
He said Orbital Reef offers more of a “value proposition” than a “short ride to space”.
“With Orbital reef, I can go someplace. So, just like people come to Dubai because it's a destination in itself, it has these attractions and things that are unique in the world,” he said.
“That's what Orbital Reef will be. It’s not just going to space, it’s going to a place in space that has its own set of amenities and entertainments and all that.”
Rival Virgin Galactic signed an agreement with the UAE in 2019 for a spaceport. A memorandum of understanding was signed between the UAE Space Agency and Abu Dhabi Airports to use the Al Ain airport facilities for commercial space flights, but there has been no update on construction provided since then.
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The Melbourne Mercer Global Pension Index
The Melbourne Mercer Global Pension Index
Mazen Abukhater, principal and actuary at global consultancy Mercer, Middle East, says the company’s Melbourne Mercer Global Pension Index - which benchmarks 34 pension schemes across the globe to assess their adequacy, sustainability and integrity - included Saudi Arabia for the first time this year to offer a glimpse into the region.
The index highlighted fundamental issues for all 34 countries, such as a rapid ageing population and a low growth / low interest environment putting pressure on expected returns. It also highlighted the increasing popularity around the world of defined contribution schemes.
“Average life expectancy has been increasing by about three years every 10 years. Someone born in 1947 is expected to live until 85 whereas someone born in 2007 is expected to live to 103,” Mr Abukhater told the Mena Pensions Conference.
“Are our systems equipped to handle these kind of life expectancies in the future? If so many people retire at 60, they are going to be in retirement for 43 years – so we need to adapt our retirement age to our changing life expectancy.”
Saudi Arabia came in the middle of Mercer’s ranking with a score of 58.9. The report said the country's index could be raised by improving the minimum level of support for the poorest aged individuals and increasing the labour force participation rate at older ages as life expectancies rise.
Mr Abukhater said the challenges of an ageing population, increased life expectancy and some individuals relying solely on their government for financial support in their retirement years will put the system under strain.
“To relieve that pressure, governments need to consider whether it is time to switch to a defined contribution scheme so that individuals can supplement their own future with the help of government support,” he said.
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
UAE squad
Humaira Tasneem (c), Chamani Senevirathne (vc), Subha Srinivasan, NIsha Ali, Udeni Kuruppuarachchi, Chaya Mughal, Roopa Nagraj, Esha Oza, Ishani Senevirathne, Heena Hotchandani, Keveesha Kumari, Judith Cleetus, Chavi Bhatt, Namita D’Souza.
Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
AIR
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Past winners of the Abu Dhabi Grand Prix
2016 Lewis Hamilton (Mercedes-GP)
2015 Nico Rosberg (Mercedes-GP)
2014 Lewis Hamilton (Mercedes-GP)
2013 Sebastian Vettel (Red Bull Racing)
2012 Kimi Raikkonen (Lotus)
2011 Lewis Hamilton (McLaren)
2010 Sebastian Vettel (Red Bull Racing)
2009 Sebastian Vettel (Red Bull Racing)
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
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