Saturday, February 10, 2024

Former Blue Origin Exec Raises Funds To Go After Moon Resources

Interlune, a stealthy space venture co-founded by former Blue Origin executive Rob Meyerson, is raising funds to harvest resources on the moon and bring them back for use on Earth, according to a financial form filed with the Securities and Exchange Commission on February 1. The form reports that the startup is offering $17.7 million in equity, with $15.6 million sold as of the filing date, and that 18 investors have taken part in the offering, although their identities are not disclosed.

Interlune was founded in 2020, but details about the venture were shrouded in secrecy until last October, when co-founder Gary Lai discussed the company's vision during an awards banquet at Seattle's Museum of Flight. Lai stated that the company aims to be the first to harvest natural resources from the moon to use on Earth, and is building a novel approach to extract those resources efficiently, cost-effectively, and responsibly.
Image A stealthy space venture co-founded by the former president of Jeff Bezos' Blue Origin space venture says it's raising funds to move ahead with its plan to harvest resources on the moon and bring them back for use on Earth.

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