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Blue Origin, LLC is an American private spaceflight, privately funded aerospace manufacturer and sub-orbital spaceflight services company headquartered in Kent, Washington. Founded in 2000 by Jeff Bezos, the founder and executive chairman of Amazon (company), Amazon, the company is led by CEO Bob Smith and aims to make access to space cheaper and more reliable through reusable launch vehicles. Rob Meyerson led Blue Origin from 2003 to 2017 and served as its first president. Blue Origin is employing an incremental approach from suborbital to orbital flight, with each developmental step building on its prior work. The company's name refers to the blue planet, Earth, as the point of origin. Blue Origin develops orbital technology, rocket-powered VTVL, vertical takeoff and vertical landing (VTVL) vehicles for access to sub-orbital spaceflight, suborbital and orbital spaceflight, orbital outer space, space. Initially focused on suborbital spaceflight, the company has designed, built ...
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Limited Liability Company
A limited liability company (LLC for short) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. An LLC is not a corporation under state law; it is a legal form of a company that provides limited liability to its owners in many jurisdictions. LLCs are well known for the flexibility that they provide to business owners; depending on the situation, an LLC may elect to use corporate tax rules instead of being treated as a partnership, and, under certain circumstances, LLCs may be organized as not-for-profit. In certain U.S. states (for example, Texas), businesses that provide professional services requiring a state professional license, such as legal or medical services, may not be allowed to form an LLC but may be required to form a similar entity called a professional limited liability company (PLLC). An LLC is a hybrid le ...
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