Interlune Pursuing Moon Mining for Helium-3
- Feb 7, 2024
- 3 min read
Interlune, a startup led by ex-Blue Origin executives, secured US$15.5mm funding to pursue mining helium-3 on the moon, aiming to leverage He-3's scarcity in quantum computing and fusion power. With a breakthrough extraction method and plans to demonstrate technology on the lunar surface by 2026, the venture seeks to capitalise on the growing demand for helium-3. However, challenges such as competition from other countries and the high costs involved remain, despite Interlune's experienced leadership and ambitious revenue projections.