MoonEx Set to Begin Moon Mining in 2017

[GhostZ06]

Moon Express, the first commercial company to win Federal Aviation Administration (FAA) approval to travel beyond Earth’s orbit, announced that it has raised enough money for its first launch later this year to begin mining on the moon.
The moon contains a trillions of dollars of easily minable iron ore, rare Earth minerals, precious metals, hydrogen, nitrogen and carbon; plus vast amounts of helium-3 gas that could power clean nuclear fission reactors without generating radioactive waste.

The race to reach the moon first is crucial for business wildcatters. But because there currently is no regulatory framework for a commercial space missions to another planet, MoonEx negotiated with the FAA, the State Department and the White House in August to acquire what they referred to as a regulatory patch approval for a moon launch.

The FAA described the company’s MX-1E multi-purpose spacecraft/lander as “capable of transfer from Earth orbit to the moon, making a soft landing on the lunar surface, and performing post-landing relocations through propulsive ‘hops.’”

Co-founder and Chairman Naveen Jain of the Cape Canaveral-based company just announced on the MoonEx website that by raising $45 million, including $20 million in their latest round, MoonEx is now fully funded for a 2017 drone mining vehicle to the moon.

“That money will go toward launching Moon Express’s MX-1E lander, which will explore and take pictures of the moon’s surface after launching on an experimental Electron rocket.” He added, “In the immediate future, we envision bringing precious resources, metals, and moon rocks back to Earth.”


MoonEx also seems to be angling to mine the massive amounts of water ice trapped on the lunar poles that can be used as fuel depot station for galactic space exploration.

Breitbart News recently noted that SpaceX CEO Elon Musk talked about the importance of mid-journey refueling at a September speech he gave to the International Astronautical Congress in Guadalajara, Mexico, titled “Making Humans a Multiplanetary Species.”

Musk emphasized that that there are four innovative features of the SpaceX mission to Mars: the reusability of ITS boosters and refueling tanks; refueling in orbit; producing propellant on Mars; and plans to use a more optimal propellant like super-cooled methane. Collectively, Musk believes these four features could push costs as low as $200,000 per person, or about $20 billion for the mission.

Musk’s keynote speech claimed that the funding for his Mars mission could be financed from SpaceX’s own profits and financing platforms like Kickstarter. He added that the private sector rush to colonize the moon and other planets could kick off the greatest land rush since the 1862 Pacific Railroad Act, which chartered the Central Pacific and the Union Pacific Railroad Companies to build a transcontinental railroad linking the United States from east to west within 25 years.

http://www.breitbart.com/california/2017/01/18/moonex-set-begin-moon-mining-2017/


here we go

 

[KONG-D'SNT-TAP]

If you think corporations go unchecked now wait till we start spreading out in our solar system.

This is inevitable for the human species

 

[Seano]

I feel bad for all of the people on the moon who will be displaced by this. Thanks Trump.

 

[Stoic1]

Perhaps this might be a good place for immigrants who need a job. The moon needs diversity too.

 

[TheFirstEMP]

Perhaps this might be a good place for immigrants who need a job. The moon needs diversity too.

#moonsowhite

 

[Chinballs]

Iron ore from the moon? You can't be serious.

 

[Unsurprised Diaz]

There won't be a full moon for much longer

 

[GhostZ06]

Iron ore from the moon? You can't be serious.

Helium 3 and other rare earth metal

 

[Cuauhtemoc]

Perhaps this might be a good place for immigrants who need a job. The moon needs diversity too.

Only white men set foot on the moon. So racist.

 

[reveler]

just wait a jillion years for the moon's orbit to decay and just crash into earth. problem solved

 

[dissolved]

But flat earth and dome.

 

[GhostZ06]

just wait a jillion years for the moon's orbit to decay and just crash into earth. problem solved

.....Stop

 

[Don Quixote]

How is anything on the moon easily mineable?

 

[oldshadow]

Great idea but I'm not sure how you would make a profit.

 

[GhostZ06]

How is anything on the moon easily mineable?

http://www.leonarddavid.com/creating-a-roadmap-for-moon-resources/

 

[GhostZ06]

Great idea but I'm not sure how you would make a profit.

ha thats easy considering the value of helum-3 alone, and other rare metals. Now if we are talking about asteroid mining.....

there was a astroid floating by earth worth 400 trillion dollars

 

[GORETAURO]

I feel bad for all of the people on the moon who will be displaced by this. Thanks Trump.

Lol, we can send all the muslim refugees up there to mine that shit. Win win.

At least we know what uniforms they are going to wear.

 

[Pittie Petey]

How is anything on the moon easily mineable?

I think they mean its easier because they dont have to invade and kill a buncha brown people first
Really speeds things up

 

[oldshadow]

ha thats easy considering the value of helum-3 alone, and other rare metals. Now if we are talking about asteroid mining.....

there was a astroid floating by earth worth 400 trillion dollars

Good the only real way we are to get to space is to make a profit on it.

 

[GhostZ06]

Good the only real way we are to get to space is to make a profit on it.

Sad huh? i think we should have gone there the safety and security of mankind, but this being said, imagine what happens when we start colonizing mars. =/