NASA sets out to buy moon resources mined by private companies

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

NASA on Thursday launched an effort to pay companies to mine resources on the moon, announcing it would buy from them rocks, dirt and other lunar ...

A woman photographs the Pink Supermoon over mountain Smetovi in Zenica, Bosnia and Herzegovina, Apr 7, 2020. WASHINGTON: The National Aeronautics and Space Administration on Thursday launched an effort to pay companies to mine resources on the moon, announcing it would buy from them rocks, dirt and other lunar materials as the US space agency seeks to spur private extraction of coveted off-world resources for its use.

NASA said it views the mined resources as the property of the company, and the materials would become"the sole property of NASA" after purchase. Bridenstine said NASA eventually would buy more types of resources such as ice and other materials that may be discovered on the moon. Under the initiative disclosed on Thursday, NASA offered to purchase limited amounts of lunar resources and asked companies to offer proposals. Under contracts whose terms would vary, a company mining on the moon would collect lunar rocks or dirt to sell to NASA without having to bring the resources back to Earth.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nasa sets out to buy moon resources mined by private companiesWASHINGTON (REUTERS) - Nasa on Thursday (Sept 10) launched an effort to pay companies to mine resources on the moon, announcing it would buy from them rocks, dirt and other lunar materials as the US space agency seeks to spur private extraction of coveted off-world resources for its use.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Nasa sets out to buy moon resources mined by private companiesWASHINGTON (REUTERS) - Nasa on Thursday (Sept 10) launched an effort to pay companies to mine resources on the moon, announcing it would buy from them rocks, dirt and other lunar materials as the US space agency seeks to spur private extraction of coveted off-world resources for its use.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Yum China shares set to open down 0.5per cent in Hong Kong market debutShares of Yum China Holdings Inc are set to open at HKUS$410 (US$52.90) each, down 0.5per cent from the offering price as the company's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »