BusinessVC/PE

Lunar Resource Extraction Startup Interlune Raises $15.6M

Image: NASA

A stealth startup led by a who’s who of veteran space executives is beginning to stir. 

Interlune, an in-space resource mining startup operating in stealth, has secured $15.6M of funding and is targeting an additional $2.1M, as revealed in a recent SEC filing first reported by TechCrunch

The Seattle-based business is led by Blue Origin’s former long-time president Rob Meyerson, and counts Blue Origin’s ex-chief architect Gary Lai and former Rocket Lab EVP Indra Hornsby as cofounders. 

Shhhh: The company was founded in 2020 and has operated in hush-hush ever since. While details on the venture are scant, the company’s website describes the startup as “harvesting natural resources from space to benefit Earth and establish an in-space economy.”  

Panning for regolith: One of the company’s projects is lunar regolith sorting. Interlune won an SBIR Phase I award last year to develop and demo tech that can sort lunar regolith by size for oxygen extraction systems and 3D printing on the Moon.

  • The proposed system would be more reliable and have 5x lower mass than traditional sieves. 
  • The tech plans to use centrifugal motion to guide the particles through a screen.

The company also hopes to mine lunar resources for use on Earth.

In-situ: Living off the land is key to NASA’s goal of establishing a permanent lunar settlement. NASA has targeted setting up camp at the lunar south pole, a region that may contain water ice deposits that could be extracted for various life support applications. Other companies, like Austin-based ICON, are developing technologies to use lunar regolith for in-situ manufacturing. ICON won a $57.2M NASA contract in 2022 to 3D print large-scale habitats on the Moon using lunar regolith. 

Related Stories
VC/PE

K2 Space Raises $250M Series C

K2 Space announced yesterday that it secured a $250M Series C ahead of its first satellite launch early next year.

EuropeVC/PE

VC Investors Plan for a Rich Space Future in London

The inaugural Space Investment Conference kicked off in London this week, bringing together founders and investors to discuss the financial future of the space industry—which now has more money than ever.

Business

Overview Energy Emerges From Stealth

Going off-Earth to collect sunlight allows solar power to be a more reliable energy source for terrestrial industries—including at night, Overview officials say. 

VC/PE

AnySignal Raises $24M Series A for Radio Production

AnySignal announced this morning that it closed a $24M Series A, and is moving into a larger manufacturing facility to jumpstart production of its radio products for space and defense clients.