Interlune, a Seattle-based startup, aims to begin experimental mining on the moon by 2028, focusing on helium-3, an isotope with significant potential value. Gary Lai, the company's chief technology officer, estimates that the moon contains approximately $20 quadrillion worth of helium-3. The firm is seeking collaboration with Australia to assist in its mining efforts. Helium-3 is considered valuable for its applications in quantum computing and nuclear fusion. Interlune has secured $23 million in funding, including a $6.9 million contract with NASA. The company has successfully extracted 99% pure helium-3 from helium on Earth, which may aid in future lunar operations. Interlune is also exploring partnerships with Australian mining companies as it prepares for its lunar missions. Meanwhile, China is also pursuing helium-3 mining, raising questions about potential competition in space. However, Interlune's COO, Indra Hornsby, expressed confidence that cooperation rather than conflict would characterize international efforts in lunar exploration.
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US Startup Interlune Plans Lunar Mining for Helium-3 Resource
Interlune, a startup based in Seattle, plans to start experimental mining on the moon for helium-3 by 2028, estimating a potential value of $20 quadrillion for the resource. The company has secured funding and is seeking partnerships with Australian mining firms to assist in its efforts, while also noting China's interest in helium-3 mining.
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US start-up seeks miners in race for $20 quadrillion moon resource
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US Startup Interlune Plans Lunar Mining for Helium-3 Resource