By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

News Junction

Notification Show More
Font ResizerAa
  • Home
  • World News
    World NewsShow More
    Where in the world are babies at the lowest risk of dying?
    Where in the world are babies at the lowest risk of dying?
    May 13, 2025
    Philippine president’s allies on course for most available Senate seats in election 
    Philippine president’s allies on course for most available Senate seats in election 
    May 12, 2025
    Zelenskyy agrees to meet Putin
    Zelenskyy agrees to meet Putin
    May 12, 2025
    Pope Leo calls for end to polarising ‘war of words’ in address to media | World News
    Pope Leo calls for end to polarising ‘war of words’ in address to media | World News
    May 12, 2025
    Assessing Putin and the ‘Axis of Authoritarians’
    Assessing Putin and the ‘Axis of Authoritarians’
    May 12, 2025
  • Business
    BusinessShow More
    Ukraine blows up bridges to consolidate its positions in Russia
    Ukraine blows up bridges to consolidate its positions in Russia
    August 18, 2024
    Commentary: AI phones from Google and Apple will erode trust in everything
    Commentary: AI phones from Google and Apple will erode trust in everything
    August 18, 2024
    The most famous Indian Dishes – Insights Success
    The most famous Indian Dishes – Insights Success
    August 18, 2024
    Life on the road as a female long rides cyclist
    Life on the road as a female long rides cyclist
    August 18, 2024
    UK inflation rises to 2.2%
    UK inflation rises to 2.2%
    August 18, 2024
  • Cryptocurrency
    CryptocurrencyShow More
    Will Bitcoin hodlers be the reason more countries adopt wealth taxes?
    Will Bitcoin hodlers be the reason more countries adopt wealth taxes?
    May 13, 2025
    Is VET poised for a 300% surge?
    Is VET poised for a 300% surge?
    May 12, 2025
    Cardano bulls set eyes on  as institutional adoption grows amid BTC integration
    Cardano bulls set eyes on $1 as institutional adoption grows amid BTC integration
    May 12, 2025
    Sonic Labs Announces M Token Sale to Galaxy for U.S. Expansion
    Sonic Labs Announces $10M Token Sale to Galaxy for U.S. Expansion
    May 12, 2025
    นักวิเคราะห์ลั่นอย่าพลาด Dogecoin จะเด้งแบบพาราโบลาสัปดาห์หน้า!
    นักวิเคราะห์ลั่นอย่าพลาด Dogecoin จะเด้งแบบพาราโบลาสัปดาห์หน้า!
    May 12, 2025
  • Technology
    TechnologyShow More
    How to Improve Your Spotify Recommendations
    How to Improve Your Spotify Recommendations
    August 18, 2024
    X says it’s closing operations in Brazil
    X says it’s closing operations in Brazil
    August 18, 2024
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    Supermoon set to rise: Top tips for amateur photographers | Science & Tech News
    August 18, 2024
    Scientists Want to See Videos of Your Cat for a New Study
    Scientists Want to See Videos of Your Cat for a New Study
    August 18, 2024
    OpenAI’s new voice mode let me talk with my phone, not to it
    OpenAI’s new voice mode let me talk with my phone, not to it
    August 18, 2024
  • Entertainment
  • Sports News
  • People
  • Trend
Reading: Secretive moon startup led by ex-Blue Origin leaders raises new tranche of funding
Share
Font ResizerAa

News Junction

  • World News
  • Business
  • Technology
  • Cryptocurrency
  • Trend
  • Entertainment
Search
  • Recent Headlines in Entertainment, World News, and Cryptocurrency – NewsJunction
  • World News
  • Business
  • Cryptocurrency
  • Technology
  • Entertainment
  • Sports News
  • People
  • Trend
Have an existing account? Sign In
Follow US
News Junction > Blog > Technology > Secretive moon startup led by ex-Blue Origin leaders raises new tranche of funding
Secretive moon startup led by ex-Blue Origin leaders raises new tranche of funding
Technology

Secretive moon startup led by ex-Blue Origin leaders raises new tranche of funding

Published February 3, 2024
Share
4 Min Read
SHARE

A stealth startup led by ex-Blue Origin leaders, focused on harvesting resources from the moon, has quietly closed a sizable new tranche of funding, according to regulatory documents.

Interlune, a startup that’s been around for at least three years but has made almost zero public announcements about its tech, has raised $15.5 million in new funding and aims to close another $2 million. A representative for Interlune declined to comment on this story.   

This is the first public indication that the company has closed any funding since a $1.85 million seed round in 2022.

Much of what’s known about the startup was reported by GeekWire last October, when Interlune CTO Gary Lai briefly described the startup during a speech at Seattle’s Museum of Flight: “We aim to be the first company that harvests natural resources from the moon to use here on Earth,” he reportedly said. “We’re building a completely novel approach to extract those resources, efficiently, cost-effectively and also responsibly. The goal is really to create a sustainable in-space economy.”

Lai is an aerospace engineer whose resume includes a 20-year stint at Blue Origin, where he eventually became chief architect for space transportation systems, including launchers and lunar landers. Interlune is being led by Rob Meyerson, an aerospace executive who was president at Blue Origin for fifteen years. Meyerson is also a prolific angel investor, with investments in well-known hardware startups including Axiom Space, Starfish Space, Hermeus, and Hadrian Automation.

The filing with the U.S. Securities and Exchange Commission also lists attorney H. Indra Hornsby as a company executive. Hornsby previously held the position of General Counsel at BlackSky and Spaceflight Industries, and also worked as an executive VP at Rocket Lab.

What little else is known of Interlune’s tech comes from an abstract of a small SBIR the startup was awarded last year from the National Science Foundation. Under that award, the company said it will aim to “develop a core enabling technology for lunar in situ resource utilization: the ability to sort ‘moon dirt’ (lunar regolith) by particle size.”

“By enabling raw lunar regolith to be sorted into multiple streams by particle size, the technology will provide appropriate feedstocks for lunar oxygen extraction systems, lunar 3-dimensional printers, and other applications,” the abstract says.

A growing number of space startups are focusing on what’s known as in-situ resource utilization (ISRU), or collecting and transforming space resources into valuable commodities. Much of this is driven by NASA’s stated priority to build a long-term human outpost on the moon via its Artemis program: the agency acknowledges that longer-term stays in space will require the ability to generate materials locally – whether that’s to build roads, produce breathable air, or even make rocket propellants.

But it isn’t just startups that are trying to commercialize ISRU tech; last year, Blue Origin announced that it had made solar cells and transmission wires out of a material that’s chemically identical to lunar regolith.

In its February 2023 announcement on the tech, Blue Origin said, “Learning to live off the land – on the Moon and on Mars – will require extensive collaboration across the ISRU community.” The phrase is echoed in Interlune’s abstract: “The use of the Moon’s resources is a disruptive capability that will enable missions there to ‘live off the land,’ making the development of this technology important for government agencies and industry alike.”

#Secretive #moon #startup #led #exBlue #Origin #leaders #raises #tranche #funding

TAGGED:exBluefundingleadersledmoonOriginRaisesSecretivestartuptranche
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Ben Affleck wears brand-new Nike sneakers as he is seen with his son Samuel… after dunking his Air Jordans in a puddle the day before Ben Affleck wears brand-new Nike sneakers as he is seen with his son Samuel… after dunking his Air Jordans in a puddle the day before
Next Article Turn your career around with one of these 6 Python bootcamps Turn your career around with one of these 6 Python bootcamps
- Advertisement -

Latest Post

Where in the world are babies at the lowest risk of dying?
Where in the world are babies at the lowest risk of dying?
World News
Will Bitcoin hodlers be the reason more countries adopt wealth taxes?
Will Bitcoin hodlers be the reason more countries adopt wealth taxes?
Cryptocurrency
Philippine president’s allies on course for most available Senate seats in election 
Philippine president’s allies on course for most available Senate seats in election 
World News
Is VET poised for a 300% surge?
Is VET poised for a 300% surge?
Cryptocurrency
Cardano bulls set eyes on  as institutional adoption grows amid BTC integration
Cardano bulls set eyes on $1 as institutional adoption grows amid BTC integration
Cryptocurrency
Zelenskyy agrees to meet Putin
Zelenskyy agrees to meet Putin
World News
- Advertisement -

You Might Also Like

Rings of Power Season 2 Will Explore the Makings of Kings
Technology

Rings of Power Season 2 Will Explore the Makings of Kings

August 7, 2024
Apple reaches its first contract agreement with a US retail union
Technology

Apple reaches its first contract agreement with a US retail union

July 28, 2024
Watchmen Chapter 1: New Animated Adaptation Interview
Technology

Watchmen Chapter 1: New Animated Adaptation Interview

August 16, 2024
Meta plans to roll out default end-to-end encryption for Messenger by the end of the year
Technology

Meta plans to roll out default end-to-end encryption for Messenger by the end of the year

August 23, 2023

About Us

NEWS JUNCTION (NewsJunction.xyz) Your trusted destination for global news. Stay informed with our timely and accurate reporting on diverse topics, including politics, technology, science, entertainment, sports, and more. Count on us for unbiased and reliable updates at your fingertips.

Quick Link

  • About
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • Contact

Top Categories

  • World News
  • Business
  • Technology
  • Entertainment
  • Cryptocurrency
  • Sports News
  • Trend
  • People

Subscribe

Subscribe to our newsletter to get our newest articles instantly!

    © 2023 News Junction.
    • Blog
    • Advertise
    • Contact
    Welcome Back!

    Sign in to your account

    Username or Email Address
    Password

    Lost your password?