Social Media Sidebar

Announcement

Please sign up, comment on articles and bring your friends!

Current poll

PlanetTech is asking:

What do you think about our new web site?

Love it, indeed
Really good solution
Same as old one
The old one was better
This is a new option

Quote of the day

When seen through the lens of technology, few resources are truly scarce; they’re mainly inaccessible. 

 

Peter Diamandis

Shackleton Energy Company aims to mine the moon

RATE THIS! +17
Posted in Science on 3rd Feb, 2015 02:08 PM by AlexMuller

There are billions of tons of water ice on the poles of the Moon. Shackleton Energy plans to extract lunar water ice, turn it into rocket fuel and create fuel stations in Earth's orbit. Just like on Earth you won't get far on a single tank of gas, what we can do in space today is straight-jacketed by how much fuel we can bring along from the Earth's surface.

 

The fuel stations aim to change how we do business in space and jump-start a multi-trillion dollar industry. Shackleton Energy claims its lunar ice program will cost less than one-tenth of the Apollo program, generates revenue within 4 years and breaks even within 12 years. They claim they can make moon mining happen with $10 billion.

 
Bill Stone founded the Shackleton Energy Company (SEC) to process water on the Earth’s Moon into oxygen and hydrogen for rocket fuel. It can cost around $16,000 per kilo to send supplies like fuel into low Earth orbit. Transporting fuel to the Moon would cost at least five times as much, says Jeffrey Hoffman, a space-flight expert at the Massachusetts Institute of Technology who is familiar with SEC. The ability to produce fuel in space, he thinks, would slash the cost of missions from placing geostationary satellites to interplanetary travel."

Tags: moonspaceicewaterShackleton Energy Companyrocket

Read original article » Back to category

Comments

Author: Guest
Posted: 2015-02-04
+1
The ability to generate energy in space is definitely going to be a revolution in space explorations and also here on earth - for now this looks futuristic Reply


 

Recent headlines

  • Posted in Science on 2017-11-20 00:42:21
    Small steps forward as UN climate talks end in Bonn..read more
    Posted in Hardware on 2017-11-20 00:37:56
    US gov should support SpaceX and develop moon bases..read more
    Posted in Business on 2017-11-18 21:15:58
    Companies are realising that renewable energy is good for.....read more
    Posted in Hardware on 2017-11-18 21:07:25
    California may reach 50% renewable power goal by 2020; 10.....read more
    Posted in Hardware on 2017-11-17 18:02:34
    Tesla unveils a truck and a roadster..read more
Posted in Business on 2013-10-10 01:33
China is working towards a manned lunar mission in about.....read more
Posted in Business on 2013-10-20 07:17
Spacex says China is their main competitor for commercial.....read more
Posted in Software on 2013-10-20 06:43
Pirate Bay Browser Clocks 1,000,000 Downloads..read more
Posted in Medicine on 2013-10-10 02:10
Google reportedly investing hundreds of millions into new.....read more
Posted in Medicine on 2013-10-14 03:13
Endothelial Cells Can Repair and Regenerate Organs,.....read more
Posted in Science on 01.01.2010
Spacex says China is their main competitor for commercial.....read more
Posted in Science on 01.01.2010
Staring at Your Phone Could Be Making You Short Sighted..read more
Posted in Science on 01.01.2010
Oculus Rift virtual reality headset coming to mobile, but.....read more
Posted in Science on 01.01.2010
China is working towards a manned lunar mission in about.....read more
Posted in Science on 01.01.2010
Delivering drugs via nanoparticles to target mitochondria..read more

Recent Blog Posts

  • Posted by AlexMuller
    Martian landscapes formed from sand 'levitating' on a little.....read more
    Posted by AlexMuller
    Scientists detect comets outside our solar system..read more
    Posted by AlexMuller
    Advanced artificial limbs mapped in the brain..read more
    Posted by AlexMuller
    Bacteria have a sense of touch..read more
    Posted by AlexMuller
    Recurrent brain cancer: New hope with phase 1 clinical trial.....read more

Login to your Account

Login to your PlanetTech Account here

Username:
Password:
Remember me
or

Create a New Account

You just need username and password

The following errors occured:
Username:
Email:
Password:
Verify password:
Remember me