New Shepard is a vertical-takeoff, vertical-landing (VTVL), crew-rated suborbital launch vehicle that is being developed by Blue Origin as a commercial system for suborbital space tourism. Blue Origin is owned and led by Amazon founder and businessman Jeff Bezos.

The name New Shepard makes reference to the first American astronaut in space, Alan Shepard, one of the original NASA Mercury Seven astronauts, who ascended to space on a suborbital trajectory similar to that planned for New Shepard.

Prototype engine and vehicle flights began in 2006, while full-scale engine development started in the early 2010s and was complete by 2015. Uncrewed flight testing of the complete New Shepard vehicle (propulsion module and space capsule) began in 2015.

The New Shepard Crew Capsule is a pressurized crew capsule that can carry six people, and supports a “full-envelope” launch escape system that can separate the capsule from the booster rocket anywhere during the ascent. Interior volume of the capsule is 15 cubic meters (530 cu ft). The Crew Capsule Escape Solid Rocket Motor (CCE-SRM) is sourced from Aerojet Rocketdyne. After separation two or three parachutes deploy. Just before landing, retro rockets fire.