Blue Origin rocket grounded after satellite 'mishap'

Blue Origin's newest rocket has been grounded after the Federal Aviation Administration (FAA) ordered an investigation into a "mishap" involving the failed launch of a satellite. The company, founded by Amazon billionaire Jeff Bezos, attempted to place a satellite from AST SpaceMobile using its New Glenn rocket but was unable to get it as far into...

Blue Origin's newest rocket has been grounded after the Federal Aviation Administration (FAA) ordered an investigation into a "mishap" involving the failed launch of a satellite.

The company, founded by Amazon billionaire Jeff Bezos, attempted to place a satellite from AST SpaceMobile using its New Glenn rocket but was unable to get it as far into orbit as intended.

Blue Origin's chief executive Dave Limp said the failure was caused by a lack of "sufficient thrust" in an engine.

AST SpaceMobile's share price fell by more than 6% on Monday. Limp said: "We clearly didn't deliver the mission our customer wanted, and our team expects."