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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

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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


 

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