"Race to Mine Helium-3 on the Moon: Startups and Former Space Executives Compete"

Interlune, a startup founded by former Blue Origin executives, aims to be the first private company to mine the moon for resources, starting with helium-3, which could be used for applications like quantum computing and medical imaging. The company plans to have a pilot plant on the moon by 2028 and begin operations by 2030, and has raised $18 million in funding, including $15 million in its most recent round led by Seven Seven Six. Interlune's goal is to excavate lunar soil, process it, and extract helium-3 gas for shipment back to Earth, with a robotic lander mission planned to assess the concentration of helium-3 at the selected location on the moon's surface.