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Billionaire teams up with NASA to mine the moon

Moon Express, a Mountain View, California-based company that's aiming to send the first commercial robotic spacecraft to the moon next year, just took another step closer toward that lofty goal. Earlier this year, it became the first company to successfully test a prototype of a lunar lander at the Kennedy Space Center in Florida. The success of this test—and a series of others that will take place later this year—paves the way for Moon Express to send its lander to the moon in 2016, said company co-founder and chairman Naveen Jain. 

Moon Express conducted its tests with the support of NASA engineers, who are sharing with the company their deep well of lunar know-how. The NASA lunar initiative—known as Catalyst—is designed to spur new commercial U.S. capabilities to reach the moon and tap into its considerable resources.In addition to Moon Express, NASA is also working with Astrobotic Technologies of Pittsburgh, Pennsylvania, and Masten Space Systems of Mojave, California, to develop commercial robotic spacecrafts.

Jain said Moon Express also recently signed an agreement to take over Space Launch Complex 36 at Cape Canaveral. The historic launchpad will be used for Moon Express's lander development and flight-test operations. Before it was ....

Read more: http://www.cnbc.com/2015/03/10/billionaire-teams-up-with-nasa-to-mine-the-moon.html

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