"Former Blue Origin President's Interlune Raises Millions for Helium-3 Moon Mining Mission"

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Source: The Washington Post
"Former Blue Origin President's Interlune Raises Millions for Helium-3 Moon Mining Mission"
Photo: The Washington Post
TL;DR Summary

Interlune, a private venture founded by former Blue Origin executives and an Apollo astronaut, has announced plans to mine the moon for Helium-3, a resource scarce on Earth but abundant on the moon. The company has raised $18 million and aims to develop technology to harvest and bring back lunar materials, with a focus on serving the quantum computing industry. Despite challenges and the need for new technologies, Interlune intends to conduct a prospecting mission by 2026 and hopes to begin full-scale operations by 2030. The company's funding round was led by venture capital firm Seven Seven Six, reflecting the growing appeal of the space sector to investors.

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