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Stock impact report

Ex-Blue Origin leaders' secretive lunar startup Interlune has moonshot mining plans [TechCrunch]

BlackSky Technology Inc. Class A (BKSY) 
Company Research Source: TechCrunch
to scale quantum computing and eventually even fusion power, TechCrunch has learned. Regulatory filings reported here last week showed that the company recently closed $15.5 million in new capital; before that, Interlune had raised a $2.69 million pre-seed round. But the rationale for raising the capital was poorly understood – until now. Two of Interlune's confidential pitch decks, dated spring 2022 and fall 2023 and viewed by TechCrunch, reveal that the startup was seeking that funding to build and test resource extraction hardware for lunar helium-3 (He-3). A representative for Interlune declined to comment. Interlune says in the most recent pitch deck that it has developed a “breakthrough extraction method” for He-3 from lunar regolith, though the slides don't go into greater detail. According to one slide, the startup is developing sedan-sized extractors combined with other hardware to effectively make scalable physical plants. There is no explanation of how the helium migh Show less Read more
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