Topics
Latest
AI
Amazon
Image Credits:Eva Marie Uzcategui / Getty Images
Apps
Biotech & Health
Climate
Image Credits:Eva Marie Uzcategui / Getty Images
Cloud Computing
Commerce Department
Crypto
Enterprise
EVs
Fintech
fund raise
Gadgets
Gaming
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
societal
Space
Startups
TikTok
Transportation
Venture
More from TechCrunch
event
Startup Battlefield
StrictlyVC
newssheet
Podcasts
telecasting
Partner Content
TechCrunch Brand Studio
Crunchboard
get hold of Us
A stealth startup led by antique - Blue Origin leadership , focus on harvesting resource from the lunar month , has quietly fold a sizable new tranche of funding , accord toregulatory document .
Interlune , a inauguration that ’s been around for at least three years but has made almost zero public announcements about its technical school , has raised $ 15.5 million in raw funding and aims to come together another $ 2 million . A voice for Interlune declined to comment on this story .
This is the first public indication that the ship’s company has closed any funding since a $ 1.85 million seeded player round in 2022 .
Much of what ’s known about the inauguration was reported byGeekWire last October , when Interlune CTO Gary Lai briefly describe 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 expend here on Earth , ” he reportedly enjoin . “ We ’re build up a completely novel advance to extract those resources , expeditiously , cost - effectively and also responsibly . The destination is really to create a sustainable in - space saving . ”
Lai is an aerospace engineer whose resume includes a 20 - year Erolia minutilla at Blue Origin , where he eventually became principal designer for quad transportation systems , include launchers and lunar landers . Interlune is being led by Rob Meyerson , an aerospace executive who was Chief Executive at Blue Origin for 15 age . Meyerson is also a fecund angel investor , with investments in well - known ironware startup including Axiom Space , Starfish Space , Hermeus and Hadrian Automation .
The filing with the U.S. Securities and Exchange Commission also lists lawyer H. Indra Hornsby as a troupe executive . Hornsby antecedently 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 award last year from the National Science Foundation . Under that award , the fellowship articulate it will take aim to “ develop a core enabling applied science for lunar in situ resourcefulness utilization : the power to sort ‘ moonlight dirt ’ ( lunar regolith ) by particle size . ”
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
“ By enable raw lunar regolith to be sort into multiple streams by particle size of it , the engineering will allow appropriate feedstocks for lunar oxygen extraction organization , lunar 3 - dimensional printing machine , and other applications,”the abstract articulate .
A growing bit of space startups are concentre on what ’s known as in - situ resourcefulness use ( ISRU ) , or pile up and transform space resources into valuable commodities . Much of this is driven by NASA ’s state priority to progress a long - term human outpost on the moon via its Artemis computer program : The bureau acknowledges that longer - terminal figure stays in quad will require the ability to generate materials topically — whether that ’s to build roads , produce breathable air or even make rocket propellent .
But it is n’t just inauguration that are try on to commercialize ISRU tech ; last year , Blue Origin announced that it had made solar prison cell and transmittance wire out of a material that ’s chemically identical to lunar regolith .
In itsFebruary 2023 announcement on the tech , Blue Origin say , “ memorize to live off the demesne – on the Moon and on Mars – will ask extensive collaboration across the ISRU community . ” The idiomatic expression is resound in Interlune ’s abstract : “ The use of the Moon ’s resource is a disruptive capability that will enable missions there to ‘ live on off the country , ’ making the maturation of this applied science important for governance agencies and industry likewise . ”