Interlune: Pioneering Moon Mining for Helium-3 Extraction by 2030

Interlune: Pioneering Moon Mining for Helium-3 Extraction by 2030


Interlune, a promising startup, is aiming to be the pioneer private company in extracting the ⁢moon’s natural resources and ​selling them on Earth.‍ The company’s initial focus will be on helium-3, an isotope abundant on the moon and created by the sun through fusion. In an interview with Ars Technica, Rob Meyerson,⁤ one of Interlune’s ⁣founders and former Blue Origin ⁢president, revealed the company’s plan ⁢to‍ fly its harvester ​with an upcoming commercial moon mission supported by NASA. The goal is to‌ establish a pilot plant on the moon by 2028 and⁣ commence operations by 2030.

This week, Interlune announced that it has secured $18 ​million in ⁣funding, with $15 million from its ​latest round led by Seven Seven Six, the venture⁣ firm founded by Reddit co-founder Alexis Ohanian. The targeted resource, helium-3, has potential applications‍ on Earth such as‌ quantum computing⁤ and medical imaging, and could even be used as fuel in the future.

2024-03-16 10:22:16
Original from www.engadget.com

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