Science

NASA will pay only $1 to a company to extract the moon rocks

NASA has signed a contract with a company to collect samples from the moon and will buy these samples for only $1. This was the winning bid by Colorado-based Lunar Outpost that has been awarded the contract to collect the samples from Moon’s surface.

The mission is supposed to happen in 2023 and the lander will have to collect samples from the south pole of the moon.

“You’d be surprised at what a dollar can buy you in space,” Mike Gold, NASA’s acting associate administrator for international and interagency relations, said in a call with reporters.

The three other companies that won the bid to collect space resources and transfer ownership to NASA include Masten Space Systems of Mojave, ispace Europe of Luxembourg, and ispace Japan of Tokyo. The new contracts will cost $25,001 to the space agency.

Advertisement

The objective is twofold: There is important policy and precedent that’s being set, both relative to the utilisation of space resources, and the expansion of the public and private partnerships beyond Earth orbit to the moon,

Mike Gold, NASA’s acting associate administrator for international and interagency relations

This would also pave way for companies to extract celestial bodies and then sell the resources collected. This would help in establishing a viable presence on the moon. NASA also said that it needs astronauts to “live off the land” and use resources in space.

Under the Artemis program, companies will hand over the resources and ownership to NASA of the extracted resources. The samples collected will be small lunar rocks weighing around 50g to 500g.

The mining announcement came during the same week that China landed a spacecraft on the moon, extracted resources, and then lifted off from the lunar surface in an effort to return the sample to Earth.

Advertisement

Instead of developing and sustaining a big government sample-return mission, NASA is taking another approach by partnering with the private sector.

Read more: NASA is growing radishes in space to study plants under microgravity

Share
Published by

Recent Posts

Travis Kalanick’s Vision for Tech-Savvy Retail: Unpacking This Week’s Game-Changing Innovations

Travis Kalanick's Vision for Tech-Savvy Retail: Unpacking This Week's Game-Changing Innovations In the rapidly evolving…

2 months ago

“Massive Sell-Off: Trump Media Investor Dumps Over 7 Million DJT Shares!”

Unfolding the Financial Drama: Trump Media Investor's Strategic Sell-Off In an unexpected twist in the…

2 months ago

“Smartmatic and Newsmax Settle: A Groundbreaking Verdict in 2020 Election Defamation Case”

Smartmatic and Newsmax Settle: A Significant Turning Point in the 2020 Election Defamation Battle In…

2 months ago

“Groundbreaking Settlement Unveiled: Voting Tech Firm vs. Conservative Outlet in 2020 Election Defamation Case”

Groundbreaking Settlement Unveiled: Voting Tech Firm vs. Conservative Outlet in 2020 Election Defamation Case In…

2 months ago

Micron Technology’s Stock Skyrockets: Uncovering the Reasons Behind the Surge Today

Micron Technology's Stock Skyrockets: Uncovering the Reasons Behind the Surge Today In an electrifying turn…

2 months ago

Title: “Revolutionizing Our World: How Artificial Intelligence is Shaping the Future”

Revolutionizing Our World: How Artificial Intelligence is Shaping the Future Artificial Intelligence (AI) has emerged…

2 months ago

This website uses cookies.

Read More