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Commercial Opportunities

All articles tagged with #commercial opportunities

space-exploration3 years ago

NASA's Moon Mining Plans: Oxygen, Water, and Experiments on the Horizon

NASA plans to develop resources on the moon, starting with oxygen and water, and eventually expanding to iron and rare earths. The agency aims to excavate moon soil in 2032 and attract commercial investment by quantifying potential resources. Developing access to lunar resources will help cut costs and establish a circular economy. The first customers are expected to be commercial rocket companies, and the Australian Space Agency is involved in developing a rover to collect regolith samples containing oxygen. This is a crucial step towards establishing a sustainable human presence on the moon and supporting future missions to Mars.