We are very excited to share this edition of "COBT On the Road" from Van Horn, Texas! This week, we had the amazing opportunity to continue our exploration of space endeavors throughout Texas with a visit to Blue Origin. As part of our behind the scenes visit, we heard the Blue Origin team describe their mission to “build a road to space, step by step ferociously." Our travel squad this week included our good friend Tim Kopra, Former Astronaut and Vice President of Robotics and Space Operations at MDA, Mike Bradley, Managing Director, Capital Solutions at TPH, Harvin Moore, Principal of Frontera Technology Ventures, and Gary Morris, Senior Advisor at TPH with our Energy Technology team. 

It was an extraordinary visit. Seeing people doing what some would have said was impossible not long ago is tremendously inspiring. The people at Blue Origin are world class and could not have been nicer hosts. In addition to our Blue Origin facility tour we also went into Van Horn and had a great local lunch. The opportunities and the challenges in Van Horn are not unlike those we encountered in Brownsville when we saw SpaceX. One of the key takeaways from both visits is it's important to see what's happening as a launch pad to an entirely new industry, and not just near term experimentation. What all of this could look like in ten years (just to pick a date) truly blows the mind. We at TPH are having a ton of fun thinking about all the possibilities and hope you are too. 

As you will hear, we kicked off with today's market update segment with the COBT crew: Colin Fenton joined live from New York (fittingly from a cab) and shared some of the events taking place this week in the city including Climate Week and Biden’s address to the UN. ​​​​Mike Bradley touched on inflation trends and passed it to Matt Portillo who had a number of updates including TPH's RNG Conference last week, the LCFS market, the recent TPH Research Capital Allocation piece and getting back on the road with TPH Research.

Visiting Blue Origin was certainly an exciting opportunity for us, but nothing nearly as exciting as the opportunities that the new space race presents to all of us. We hope you enjoy it as much as we do!

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