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Stock impact report

Space Startups Are Trying to Make Money Going to the Moon [BNN Bloomberg (Canada)]

CLPS Incorporation (CLPS) 
Company Research Source: BNN Bloomberg
In the future, private companies could ferry people and cargo to and from the moon, creating a base to conduct science and, eventually, mine resources and even lunar ice as an ingredient to make rocket propellant. It's a grand vision that could start to take shape this year and eventually lead to a marketplace in which companies could use the lunar environment to turn a profit as they do now with orbiting satellites. Much will have to go right for that future to coalesce over the next decade or so, starting with making trips to and from the moon as routine as satellite launches. For now, the lunar economy consists mainly of money from NASA contracts, and it will probably stay that way well into the decade. If a self-sustaining lunar economy is to emerge, private companies will have to find ways to do business on the moon that doesn't rely on government money. “The first barrier is: can they get there?” said Chad Anderson, managing partner at venture-investing firm Space Capital. “ Show less Read more
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