A Startup Will Try to Mine Helium-3 on the Moon

Two of Blue Origin’s earliest employees, former president Rob Meyerson and chief architect Gary Lai, have started a company that seeks to extract helium-3 from the lunar surface, return it to Earth, and sell it for applications here.

The company has been operating in stealth since its founding in 2022, but it emerged on Wednesday by announcing it has raised $15 million, adding to previous rounds of angel investments.

This is a notable announcement because, while the funding is small, the implications are potentially large. Lately, there has been a lot of discussion of a “lunar economy” in spaceflight but precious little clarity on what that means. Most firms that have

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