Colorado Springs, Colorado NASA has issued a 10-cent check to space startup Lunar Outpost to pay the first payment to a company for mining the moon.

NASA Administrator Bill Nelson submitted the first payment to Justin Cyrus, CEO of the Colorado-based space startup Lunar Outpost, as the 36th annual space on August 23. Part of the space resource contract announced at the seminar. This check only costs 10 cents, or 10% of Lunar Outpost’s $1 quote, and will be used for the company’s efforts to collect lunar dust or regolith for the agency.

“When they produced the first component, we signed the terms of the contract with them. We will give them a 10% contract reward. I’m happy to provide them with a 10% check. Justin, this is a check for 10 cents,” Nelson said.
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“This establishes a legal and procedural framework that will be used by companies like ours and many other companies for generations and decades to collect resources from the lunar surface of other planetary bodies and make them basically useful to humans,” Sai Luss said. Said. Nielsen explained at a press conference at the Space Symposium on Monday that the Lunar Outpost “previously developed an air quality sensor to meet NASA’s need to control dangerous moon dust.” This work “resulted in a technique for detecting underground pollutants to protect firefighters.

Now, as part of the contract, the company “will collect a small amount of lunar dust, verify the collection, and transfer ownership of the lunar regolith,” Nelson Say. “Space resources will play a key role in NASA’s Artemis program and the future of space exploration. The ability to extract and use extraterrestrial resources will ensure that Artemis operations can be carried out safely and sustainably to support human exploration.”

Nelson pointed out the future of lunar resource utilization. It is expected that future lunar missions may use the lunar weathered layer to create a kind of “cement” to build facilities, and use water ice to make or use rocket fuel for other purposes.

Startup company plans to demonstrate that they can land on the lunar surface of Antarctica, which is rich in resources and water ice, and collect these resources.
“We will only collect 100 grams of lunar regolith,” Cyrus told in the briefing, adding that they will not separate materials during the collection process.

However, he added that “we are also looking for volatiles and water ice.” The company is still searching for the right technology to achieve this goal and looking for “exciting payloads,” as Cyrus described. That way, they can be added to launches to study the environment on the lunar surface.

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