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☆ NASA may build giant telescopes on the moon in your lifetime. Check out the blueprints.
▼ + stars: | 2024-03-01 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +12 min

One moonshot plan would build a giant radio dish spanning an entire crater on the far side of the moon. An illustration of a conceptual radio telescope within a crater on the moon. Silk argues that lunar telescopes would open the door to a new era of major space discoveries. A satellite trail streaks in front of galaxies in this image from the Hubble Space Telescope. Any radio telescope on the moon's back end would pick up the pure emissions of the universe.

Persons: —, Vladimir Vustyansky, James Webb, Dallan Porter, Roger Angel, Joseph Silk, Jack Burns, Burns, That's, Stefica Nicol, Artemis, Ronald Polidan, FarView, Jack Burns Karan Jani, LILA, Fermilab LILA, Jani, NASA's James Webb, Temim, Webb, Angel, Chris Gunn, Nick Woolf, Angel Roger, Phil, Martin Elvis, Elvis Organizations: Service, NASA, Business, Vanderbilt Lunar Labs, Telescope, University of Arizona, American Astronomical Society, Payload, University of Colorado Boulder, Hubble Space, Hubble, ESA, Radio Telescope, REUTERS, NASA JPL, Caltech, Radio Science Investigations, Houston, Lunar Resources, Resources, Inc, Vanderbilt University, Fermilab, Telescopes, CSA, Princeton University, Engineers, James Webb Space, Industry, AP Locations: New Orleans, Australia

☆ Lunar landing photos: Intuitive Machines' Odysseus sends back first images from the moon
▼ + stars: | 2024-02-26 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Intuitive Machines CEO Steve Altemus explains how the company's IM-1 lander tipped over on the moon's surfacing during a NASA press conference on Feb. 22, 2023. Intuitive Machines' cargo lander, Odysseus, returned its first images from the moon's surface over the weekend, as the spacecraft settles in to its lunar destination. The company's historic IM-1 mission is now operating on the moon after landing on Thursday, becoming the first privately developed spacecraft to soft land on the lunar surface. Intuitive Machines expects Odysseus to operate until Tuesday morning, when its solar panels will no longer be exposed to the sun. The Odysseus lander carried 12 government and commercial payloads — six of which are for NASA under a $118 million contract through the agency's Commercial Lunar Payload Services, or CLPS, initiative.

Persons: Steve Altemus, Odysseus Organizations: NASA, Payload Services

☆ NASA is back on the moon — with the first commercial lunar landing ever
▼ + stars: | 2024-02-23 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

The IM-1 mission's landing helps catapult the US into a 21st-century space race to the moon's south pole. AdvertisementAn American moon lander touched down on the lunar surface for the first time in over 50 years on Thursday. For its last lunar landing attempt in January, NASA partnered with the Pittsburgh-based company Astrobotic Technology to send its Peregrine spacecraft to the moon. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.

Persons: —, Astrobotic, Odysseus, Tim Crain, Japan's, Trent Martin, NASA hitches, they're Organizations: NASA, Service, Houston, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China

☆ Live updates: Odysseus moon landing
▼ + stars: | 2024-02-22 | by ( Elise Hammond | Jackie Wattles | ) edition.cnn.com time to read: +1 min

Intuitive Machines Co-Founder, President, and CEO Steve Altemus talks about the IM-1 Lunar Lander, Nova-C, during a press event, in Houston, in October 2023. Jonathan Newton/The Washington Post/Getty ImagesIntuitive Machines is a Houston-based company just up the road from NASA's Johnson Space Center, or JSC. It's one of several private-sector companies that have been tasked by the space agency to get robotic landers to the moon as NASA works on separate plans to return its astronauts. But it was later renegotiated, and — all told — Intuitive Machines could receive up to $118 million from NASA for this mission. Its stock has been on a tear recently amid its successes in space, surging up about 80% over the past five days as of Thursday afternoon.

Persons: Steve Altemus, Jonathan Newton, Steve Atlemus, JSC Kamal Ghaffarian, Tim Crain, landers Organizations: Washington Post, NASA's Johnson Space Center, JSC, NASA, Payload Services Locations: Nova, Houston, NASA's

☆ Intuitive Machines stock has surged 300%. How Wall Street reads the moon-fueled rally
▼ + stars: | 2024-02-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +6 min

NASA TVMuch like Intuitive Machines' spacecraft, its stock has been flying to the moon the past week. Stock Chart Icon Stock chart icon Intuitive Machines stock trading around its IM-1 moon mission. Only a handful of Wall Street analysts cover the $1 billion space company. Along with Canaccord Genuity analyst Austin Moeller, Sullivan and Sheppard were unanimous in their reads that retail, not institutional, investors are driving the current Intuitive Machines' rally. Intuitive Machines and NASA leaders showcase a mockup of the company's Nova-C lunar lander during a presentation on May 31, 2019.

Persons: It's, We've, Cantor Fitzgerald's Andres Sheppard, Sheppard, Josh Sullivan, Canaccord, Austin Moeller, Sullivan, Aubrey Gemignani, NASA Canaccord's Moeller, they'll, Moeller Organizations: NASA, Wall, CNBC, Wall Street, FactSet, Payload Locations: Texas, U.S

☆ Moon landing attempt: Odysseus ran into last-minute navigation issues
▼ + stars: | 2024-02-22 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —Intuitive Machines’ IM-1 lander, also called Odysseus or “Odie,” is on the lunar surface after experiencing unexpected issues hours prior to landing. “Intuitive Machines made the decision to reassign the primary navigation sensors from Odysseus … to use the sensors on NASA’s Navigation Doppler Lidar,” according to the webcast. With its landing legs and sensors pointed toward the lunar terrain, Odysseus relied on the Lidar payload to locate a safe landing spot. The IM-1 mission comes amid a renewed international dash for the lunar surface. Odysseus passes over the near side of the moon following lunar orbit insertion on February 21.

Persons: Odie, ”, Steve Altemus, Odysseus, Gary Jordan, …, landers, Farzin, Jeff Koons, We’re, ” Altemus, Altemus Organizations: CNN, NASA, Soviet, Columbia, Embry, Riddle Aeronautical University, Astrobotic Technology, Peregrine, Payload Services Locations: China, India, Japan, Malapert, Daytona Beach , Florida

☆ Moon Landing The Spacecraft Odysseus Prepares for Its Shot at the Moon
▼ + stars: | 2024-02-22 | by ( Kenneth Chang | ) www.nytimes.com time to read: +2 min

And whatever happens during Thursday’s landing attempt, expect more companies to race toward the moon in the years ahead. NASA is looking to send astronauts to the moon in the coming years, and robotic spacecraft will go there first. For NASA, buying rides on private spacecraft to take instruments and equipment to the moon is cheaper than building its own vehicles. Some of the companies that NASA had selected to bid for CLPS missions have already gone out of business. Among other ambitious business ideas: mining the moon for helium-3 for future fusion power plants on Earth.

Persons: Peregrine Organizations: NASA, Payload Services, International Space

☆ Intuitive Machines snags the first commercial moon landing ever. Its Odysseus lander returns NASA to the moon after 52 years.
▼ + stars: | 2024-02-22 | by ( Ellyn Lapointe | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Intuitive Machines mission control reported that it was receiving pings from the lander, which means it touched down at about 6:24 p.m. Intuitive Machines' Odysseus moon lander beamed back its first images from space earlier this month. Intuitive MachinesNASA has several CLPS missions scheduled over the next two years, including two more with Intuitive Machines. AdvertisementEven later this year, a different Intuitive Machines spacecraft is scheduled to head to the western edge of the moon's near side. So NASA and Intuitive Machines have officially put the new commercial lunar era in swing, and they're just getting started.

Persons: Astrobotic, Odysseus, Tim Crain, —, Japan's, Trent Martin, NASA hitches, they're Organizations: Houston, NASA, SpaceX, US, Spaceflight, Payload, Pittsburgh, Technology, Machines Locations: Russia, India, Japan, China

☆ Watch Intuitive Machines attempt the first U.S. moon landing in over 50 years
▼ + stars: | 2024-02-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' mission, known as IM-1, aims to soft land near the moon's south pole at about 6:24 p.m. Intuitive Machines would become the first company to pull off the feat — government agencies have carried out all previous successful landings. Intuitive Machines, a Houston, Texas-based company founded in 2013, went public a year ago. After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission."

Persons: Odysseus, Aubrey Gemignani, it's, Astrobotic Organizations: Wall, SpaceX, NASA, Payload, Marshall Space, Center, U.S Locations: U.S, Houston , Texas, Pittsburgh, Japan, Russia, China, India

☆ Investing in Space: Former NASA official explains 'shots on goal' approach to cargo moon landings
▼ + stars: | 2024-02-22 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. We're six years on from NASA declaring it would look to American companies to deliver cargo and research to the moon. As much as CLPS companies are bidding against each other for contracts, it's another example of what I've called space industry coopetition — simultaneous cooperation and competition. Already, Astrobotic represents that dynamic, holding a briefing with other CLPS companies to share the learnings from the company's first effort. But how many CLPS mission failures will NASA tolerate?

Persons: CNBC's Michael Sheetz, it's, Thomas Zurbuchen, Zurbuchen, Z, Astrobotic's, – Organizations: NASA, Payload, Aerospace

☆ Intuitive Machines’ Odysseus: Why moon-landing missions are hard to do
▼ + stars: | 2024-02-21 | by ( Kristin Fisher | Jackie Wattles | ) edition.cnn.com time to read: +12 min

The lunar lander called Odysseus or IM-1, created by Houston-based company Intuitive Machines, is barreling toward the moon. If it fails, Odysseus would become the third lunar lander to meet a fiery demise on the moon in less than a year. Russia’s first lunar lander mission in 47 years, Luna 25, failed in August 2023 when it crash-landed. Overall, more than half of all lunar landing attempts have ended in failure — tough odds for a feat humanity first pulled off nearly 60 years ago. The US remains the only country to have put humans on the lunar surface, most recently in 1972 with the Apollo 17 mission.

Persons: Odysseus, Luna, Ispace, Japan —, hasn’t, Scott Pace, George Washington, “, ” Pace, Artemis, ”, Greg Autry, “ There’s, India’s, Jitendra Singh, Satish, Satish Baby, ” Singh, Astrobotic, Steve Altemus, it’s, Glynn Lunney, ” Autry, “ Neil, Armstrong, “ We’ve, Joel Kearns Organizations: CNN, Technology, Policy Institute, ”, Arizona State University’s Thunderbird School of Global Management, State for Science, Indian Space Research Organisation, Space, Getty, Economic Times, NASA, Payload Services, Johnson Space Center, AP Locations: United States, Houston, Japan, Soviet, States, China, India, Sriharikota, Andhra Pradesh, AFP, New York, Los Angeles, what's

☆ Moon company Intuitive Machines begins first mission after SpaceX launch
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' Nova-C lander launched from Florida on SpaceX's Falcon 9 rocket, beginning the IM-1 mission. Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission." After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. Last month, U.S. company Astrobotic got its first moon mission off the ground but encountered problems shortly after launch.

Persons: Paul Hennessy, Trent Martin, Odysseus, it's, Joel Kearns, Kearns, Russia —, ispace, Astrobotic, didn't Organizations: SpaceX, Kennedy Space Center, Anadolu, Getty Images, Machines, SpaceX's, NASA, Payload, Artemis, Nasdaq, Marshall Space, Center, Soviet Union —, U.S Locations: Cape Canaveral , Florida, Getty Images Texas, U.S, Florida, United States, Wednesday's, Japan, Russia, Soviet Union, China, India

☆ Odysseus moon mission will aim for landing near lunar south pole
▼ + stars: | 2024-02-15 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

The imminent launch attempt follows closely on the heels of a separate US lunar landing mission that failed in January. After burning through its fuel, the rocket will detach from Odie, leaving the lunar lander to fly solo through space. Houston-based Intuitive Machines developed the Nova-C moon lander under a NASA initiative. Packed on board the lunar lander are six NASA science and technology payloads. The device is set to pop off of the lunar lander as it approaches the surface and capture images of the vehicle’s descent.

Persons: “ Odie, ”, Odie, NASA’s, Stephen Altemus, NASA Odie, Astrobotic Technology’s Peregrine, Farzin Amzajerdian, Jeff Koons, we’ll, ” Altemus Organizations: CNN, NASA, SpaceX, NASA’s Kennedy Space Center, Payload Services, Langley Research, Embry, Riddle Aeronautical University Locations: Florida, Houston, Russia, Japan, China, India, Hampton , Virginia, Columbia, Daytona Beach , Florida

☆ US moon landing: Second NASA-backed company aims for lunar landing attempt
▼ + stars: | 2024-02-12 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

It will amount to “a high-energy fastball pitch towards the moon,” as Intuitive Machines CEO Stephen Altemus put it. Once in Earth’s orbit, the lunar lander will separate from the rocket and begin venturing on its own, using an onboard engine to boost itself on a direct trajectory toward the lunar surface. Founded in 2013, Intuitive Machines will be the second of the CLPS program participants — after Astrobotic — to attempt a moon landing. If all goes according to plan, Odysseus will spend seven days operating on the moon as the lunar lander basks in the sun. Altemus estimates that Intuitive Machines has about an 80% chance of safely landing Odysseus on the moon.

Persons: Odysseus, Odie, Stephen Altemus, Peregrine, Chandan Khanna, CLPS, ”, Joel Kearns, Astrobotic —, Jeff Koons —, —, “ We’ve, who’s, Odysseus ’, Altemus, “ It’s, ” Altemus Organizations: CNN, NASA, SpaceX, Technology, Cape Canaveral Space Force, Payload, “, Columbia, United States, Peregrine Locations: United States, Cape Canaveral , Florida, Houston, Pittsburgh, Cape, China, India, Japan, British, Russia

☆ Commercial Landings Will Change the Moon Forever - The New York Times
▼ + stars: | 2024-01-21 | by ( Rebecca Boyle | ) www.nytimes.com time to read: +2 min

If all goes as planned, Nova-C, built by the private company Intuitive Machines, under NASA’s Commercial Lunar Payload Services program, will touch down on the moon about seven days later, bearing suites of scientific instruments. Peregrine, built by Astrobotic Technology under another Commercial Lunar Payload Services contract, successfully flew into space on Jan. 8, but its mission was cut short because of a fuel leak. It failed to be the first private mission to land on the moon, but Nova-C could succeed — and so could the one after that, and many more. For the first time, the moon will be occupied by private capital, including small startups whose aims transcend science and exploration, launching landers and capsules. The Commercial Lunar Payload Services program, as part of Artemis, encourages private companies to build landers and even rovers that NASA can pay to use, as opposed to the traditional approach of NASA-built equipment.

Persons: Jeff Koons, Peregrine, —, landers, Artemis Organizations: Payload Services, Astrobotic Technology, NASA Locations: Nova

☆ After Peregrine failed to land on the moon, Astrobotic still plans to launch another lunar lander in November
▼ + stars: | 2024-01-19 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

This month, Astrobotic's Peregrine lunar lander failed to reach the moon due to a fuel leak. Despite the setback, Astrobotic plans to launch a second lunar lander in November. AdvertisementEarlier this month, the space company Astrobotic launched its Peregrine mission toward the moon, but the spacecraft never made it and ultimately burned up in Earth's atmosphere. During Astrobotic's first press conference since its failed Peregrine mission, the company's CEO, John Thornton, said Astrobotic is more excited than ever to attempt to send another lunar lander to the moon. AdvertisementAn illustration showing Astrobotic's Griffin moon-landing system deploying NASA's VIPER ice-hunting robot to the lunar surface.

Persons: Astrobotic, —, Astrobotic's, Peregrine, John Thornton, Thornton, it's, Griffin, that's, Astrobotic's Griffin, Joel Kearns, Kearns, hadn't, NASA hasn't Organizations: Service, Peregrine, Astrobotic's, NASA, NASA NASA, Payload Locations: NASA's

☆ Astrobotic’s Peregrine lunar lander burns up over Pacific Ocean
▼ + stars: | 2024-01-18 | by ( Jackie Wattles | ) edition.cnn.com time to read: +6 min

CNN —After soaring hundreds of thousands of miles through space and battling a propellant issue that dashed its plans, the Peregrine lunar lander has likely met its fiery end. The launch went off without a hitch, safely delivering the Peregrine lander into Earth’s orbit on a path toward the moon. But hours into its solo flight, the Peregrine lander encountered critical setbacks. A proving ground for commercial lunar landersA private lunar lander has never safely reached the moon’s surface — though other companies have tried. Astrobotic’s Thornton admitted to reporters that the Peregrine mission cost his company more money than it made.

Persons: Lockheed Martin, Astrobotic, Joel Kearns, ” Thornton, landers, SpaceIL, Ispace, Peregrine, Astrobotic’s Thornton, “ It’s, “, ” Astrobotic, Griffin, Peregrine — Organizations: CNN, Astrobotic Technology, Peregrine, NASA, United Launch Alliance, Lockheed, Boeing, Payload Services, Astrobotic Locations: Australia, Pittsburgh, South, Houston, Israel, Japan

☆ American Company’s Moon Lander Disintegrates in Earth’s Atmosphere
▼ + stars: | 2024-01-18 | by ( Kenneth Chang | More About Kenneth Chang | ) www.nytimes.com time to read: +1 min

A spacecraft that was headed to the surface of the moon has ended up back at Earth instead, burning up in the planet’s atmosphere on Thursday afternoon. But the spacecraft never got close to its landing destination on the near side of the moon. The main payloads on the spacecraft were from NASA, part of an effort to put experiments on the moon at a lower cost by using commercial companies. Astrobotic’s launch was the first in the program, known as Commercial Lunar Payload Services, or CLPS. NASA paid Astrobotic $108 million to transport five experiments.

Organizations: Astrobotic Technology, Pittsburgh, NASA, Payload Services

☆ The doomed US moon lander is on a collision course with Earth and will be destroyed to protect other satellites
▼ + stars: | 2024-01-15 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +5 min

Read previewThe doomed US lunar lander is on a collision course with Earth and will be destroyed early to protect other satellites that may get in its way. "Our latest assessment now shows the spacecraft is on a path towards Earth, where it will likely burn up in Earth's atmosphere," Astrobotic, the company behind the Peregrine lander, said on Saturday. AdvertisementA ULA Vulcan rocket launches into space on Monday, carrying the Peregrine Mission One lunar lander. This is standard practice when decommissioning a ship orbiting the Earth and Astrobotic expects this will not pose a safety risk. The Peregrine lander aboard the Centaur Vulcan rocket ahead of launch.

Persons: —, Astrobotic, Peregrine, Astrobotic Astrobotic, John Thornton, Thornton Organizations: Service, Business, Peregrine, Apollo, NASA, Payload Locations: Pittsburgh, Houston

☆ Peregrine lunar lander to make fiery reentry after failed misison
▼ + stars: | 2024-01-15 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

For the vast majority of the mission, the Peregrine lander has been controlled solely by its attitude control thrusters, which are tiny engines mounted to the side of the lander and designed to maintain stability or make precision movements. What Peregrine could and couldn’t accomplishAstrobotic was able to power on some of the science instruments and other payloads on board the lander. The Peregrine lander was also able to activate a new sensor, developed by NASA, that was designed to help the spacecraft land on the moon. Likewise, an array of other payloads designed specifically to operate on the moon remain trapped aboard the Peregrine lander. The Peregrine spacecraft is also carrying various mementos, letters and even human remains that customers paid to fly on the mission.

Persons: —, Peregrine’s, Peregrine, ”, John Thornton, Astrobotic, Joel Kearns Organizations: CNN, Payload Services, Astrobotic Technology, Peregrine, NASA, U.S . Government, LRA, Carnegie Mellon University, Mexican Space Agency Locations: Pittsburgh

☆ NASA’s plans to return to moon take a hit
▼ + stars: | 2024-01-13 | by ( Katie Hunt | ) edition.cnn.com time to read: +7 min

CNN —Humans landed on the moon during NASA’s Apollo program in the late 1960s and 1970s using computers that had far less processing power than today’s smartphones. Several projects are expected to head toward the moon this year with sights set on a soft landing. ExplorationsAstrobotic Technology shared the first image of the Peregrine lunar lander in space on Monday. Once upon a planetThe oldest known fossilized skin is at least 130 million years more ancient than the previously oldest known example. The world’s oldest known fossilized skin belonged to a species of reptile that lived before dinosaurs roamed Earth.

Persons: Russia’s Luna, United States — hasn’t, Peregrine, NASA —, Zhang, King, G.H.R, von Koenigswald, Mooney, Charles Darwin, Ashley Strickland, Katie Hunt Organizations: CNN, United, Astrobotic Technology, Technology, NASA, United Launch Alliance, Payload Services, University of Toronto Mississauga, European Space Agency, CNN Space, Science Locations: India, United States, Pittsburgh, Guangxi, King Kong, Hong Kong, Oklahoma, China, Norway, British, New Mexico

☆ The first US moon lander in more than 50 years launched with human remains on board, paving the way for space burials
▼ + stars: | 2024-01-08 | by ( Marianne Guenot | Jessica Orwig | ) www.businessinsider.com time to read: +6 min

Read previewA US spacecraft carrying human remains launched on Monday in a bid to become the first private mission to land on the moon. "Unfortunately, it appears the failure within the propulsion system is causing a critical loss of propellant," the company that built the lunar lander, Astrobotic, said in an update Monday afternoon. AstroboticSeveral capsules on board the lander are part of a memorial service offered by private companies Celestis and Elysium Space. The screenwriter was also part of the first human "space burial" in 1992 when his ashes were put aboard NASA's spacecraft Columbia. Astrobotic Peregrine Mission One is the first of NASA's Commercial Lunar Payload Services (CLPS)-backed missions to launch.

Persons: —, Peregrine, John Thornton, Celestis, Gene Roddenberry, Majel Barrett, George Washington, Dwight Eisenhower, John F, Kennedy, — Arthur C Clarke, Stanley Kubrick, Gene Roddenberry's, Thornton, Mr, Peregrine isn't, Astrobotic, landers, Artemis Organizations: Service, Business, Astrobiotic, United Launch Alliance, Cape Canaveral Space Force, Peregrine, NASA, United Launch Alliance Vulcan, New York Times, Navajo Nation, The New York Times, Houston, Payload Locations: Cape, Florida, Navajo, Stickiness, Russia, India, China

☆ Investing in Space: Japan's ispace opens Denver headquarters as companies chase moon market
▼ + stars: | 2023-09-28 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

The Earth rises above the surface of the moon, as seen from the company's lander in lunar orbit in April 2023. CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. One company is pushing to tap two of those markets: Tokyo-based lunar lander company ispace is rebooting its U.S. subsidiary, aiming to be a key transportation provider in the nascent moon business. The new Apex 1.0 lander is replacing its previously planned "Series 2" lander, Garan said. We haven't really demonstrated the ability to take commercial payloads to the lunar surface.

Persons: CNBC's Michael Sheetz, April's crunching, Ron Garan, Garan's, ispace, Garan, We're, haven't, they're Organizations: CNBC's, NASA, Apex, ispace, U.S ., Payload Services Locations: China, India, Japan, United States, Tokyo, Denver , Colorado, U.S, ispace U.S, Denver

☆ India's moon landing made history at a low cost
▼ + stars: | 2023-08-23 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

ISROThe list is grim reading: Stuck, failed, missed, failed, failed, stuck, failed, crashed, missed, crashed, crashed. Even in the modern era — with nine lunar landing attempts since 2013 — the track record is still shaky. Before India's success Wednesday, missions by China, India, Israel, Japan and Russia were three for eight in the past decade. School students watching the live telecast of Chandrayaan-3 landing on the Moon at Sector 20 Brahmananda Public School on August 23, 2023 in Noida, India. Perhaps the most remarkable aspect of India's moon landing is the shoestring budget — by government standards — with which the country achieved the mission.

Persons: Jonathan McDowell, Sunil Ghosh, Jim Bridenstine, Bridenstine, They've, who's Organizations: ISRO, Soviet Union's, Harvard - Smithsonian Center for Astrophysics, Gravity, India, School, Hindustan Times, NASA, CNBC, Indian Space Research Organization, U.S, Payload Services, Space Foundation Locations: China, India, Israel, Japan, Russia, Noida, U.S, India's, United States

☆ The moon is open for business, and entrepreneurs are racing to make billions
▼ + stars: | 2023-08-06 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +15 min

"Definitely the moon is going to be a big business," said Prachi Kawade, a senior analyst at NSR, a research-and-consulting company focused on the space market. At first, lunar missions could be limited to a couple of weeks or months in a lunar base camp. Another lead for moon mining is the rare-earth elements that millennia of meteorites crashing into the moon may have left behind. Fly me to the moonHowever, the most lucrative part of the moon market by far is rocket development, said Kawade, who leads NSR's lunar-market report. NASA built its own system for its upcoming Artemis moon missions, the Space Launch System (SLS) mega-rocket with its Orion spacecraft.

Persons: Artemis, Brendan Rosseau, Lockheed Martin, Prachi Kawade, that's, Rosseau, Steve Creech, Creech, Kawade, NASA We're, George W, Bush, Rousseau, landers, Per, NASA's, NASA Ames, Daniel Rutter, Elon Musk's, Artemis III, Musk, NASA isn't, Glenn, III, VIII, Bill Nelson, Svetla Ben, Itzhak, Ben Organizations: NASA, Service, Harvard Business School, SpaceX, Origin, Nokia, Lockheed, General Motors, NSR, Apollo, ESA, Payload, Astrobotic Technology, Rover, Exploration Rover, Polar Resources, Mining, Orion, Elon, Elon Musk's SpaceX, Politico, Artemis, China, Air University Locations: Wall, Silicon, China, Pittsburg, Texas, California, Colorado, Japan, Russia, Latin America, Central Asia, Pakistan

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