Interlune Secures $5 Million Funding for Lunar Resource Extraction Initiative
Interlune, a Seattle-based company, has secured $5 million in funding to advance its lunar resource extraction initiative, focusing on helium-3. With $500,000 already raised from six investors, the funding will support preparations for upcoming lunar missions, including a partnership with Astrolab to deploy a multispectral camera on the moon this summer. Founded in 2020, Interlune has previously raised $18 million in seed capital and collaborates with various organizations for technology development in lunar helium-3 extraction.
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Interlune, based in Seattle, is raising $5 million through a Simple Agreement for Future Equity (SAFE) to support its lunar resource extraction efforts, starting with helium-3. The funding round revealed that $500,000 has already been sold to six investors.
CEO Rob Meyerson stated that the funding would aid preparations for upcoming lunar missions. Founded in 2020, Interlune previously raised $18 million in seed capital in 2024. The company aims to extract helium-3, a rare isotope beneficial for various applications, with a market value potentially reaching $20 million per kilogram.
Interlune has partnerships with Bluefors, the Department of the Air Force, the Department of Energy, and Maybell Quantum Industries for technology development related to lunar helium-3 extraction. For its first mission, scheduled for this summer, Interlune has partnered with Astrolab to deploy a multispectral camera on the moon.
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