The Space Startup ispace Will Attempt to Extract Water from the Moon
Daniel Johnson — August 1, 2019 — Tech
References: ispace-inc & techcrunch
The space startup company, ispace, was asked to participate in PROSPECT, which is a project spearheaded by the European Space Agency that will attempt to extract water from the moon. PROSPECT has set the southern pole of the moon as its destination, with a goal of beginning the project by 2024 or 2025.
PROSPECT stands for Package for Resource Observation and in-Situ Prospecting for Exploration, Commercial exploitation, and Transportation. The project's name describes in more detail what it will try to accomplish. The project will set out to look for any potential forms of lunar water or ice.
The space startup, ispace, will provide expertise to the project. Where the ispace members will help operate and interpret data from the program. In addition, ispace will be looking into in-situ resource finding.
Image Credit: ispace
PROSPECT stands for Package for Resource Observation and in-Situ Prospecting for Exploration, Commercial exploitation, and Transportation. The project's name describes in more detail what it will try to accomplish. The project will set out to look for any potential forms of lunar water or ice.
The space startup, ispace, will provide expertise to the project. Where the ispace members will help operate and interpret data from the program. In addition, ispace will be looking into in-situ resource finding.
Image Credit: ispace
Trend Themes
1. Moon Water Extraction - The search for lunar water is creating opportunities for innovation in space mining technology.
2. In-situ Resource Finding - The development of technology that can locate and extract resources in space has the potential to be a game changer for space exploration and commercialization.
3. Space Industry Collaboration - Partnerships between space startups and government agencies are creating opportunities for companies to showcase their expertise and contribute to groundbreaking research.
Industry Implications
1. Space Exploration - The effort to extract water from the moon is opening up opportunities for companies specializing in space exploration to expand their reach and capabilities.
2. Space Mining - As the search for lunar water intensifies, there is an opportunity for space mining companies to develop new technologies to extract resources from space.
3. Government Space Agencies - Projects like PROSPECT are creating opportunities for government space agencies to collaborate with private companies and explore new avenues of research and innovation.
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