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Silicon Flash > Blog > Business > Interlune Secures New Funding to Propel Lunar Mining Mission
Business

Interlune Secures New Funding to Propel Lunar Mining Mission

Published January 30, 2026 By Juwan Chacko
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Interlune Secures New Funding to Propel Lunar Mining Mission
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Seattle-based Interlune is currently seeking additional funding to support its mission of harvesting resources on the moon, starting with helium-3. The company recently filed a document with the Securities and Exchange Commission for a $5 million offering through a Simple Agreement for Future Equity. This funding will help Interlune prepare for upcoming lunar missions, including a partnership with Astrolab to prospect for helium-3 on the moon’s surface.

Interlune, a space exploration startup founded in 2020, has already secured $18 million in seed capital and has notable founders such as Rob Meyerson, Gary Lai, and Apollo 17 moonwalker Harrison Schmitt. Helium-3, a valuable isotope abundant on the moon, has various applications on Earth, including in quantum computing and fusion reactors. Interlune has partnered with organizations like Bluefors and the Department of the Air Force to develop technology for extracting lunar helium-3.

The market rate for helium-3 is lucrative, with estimates reaching up to $20 million per kilogram. Interlune’s mission to extract and supply helium-3 for terrestrial use has garnered interest from various industries, including quantum technology and energy. The company’s first moon mission, in collaboration with Astrolab, aims to launch a multispectral camera to prospect for helium-3 on the lunar surface.

See also  Unraveling Microsoft's Market Missteps: How the Tech Giant Shed $357 Billion in Value Despite Positive Performance
TAGGED: Funding, Interlune, Lunar, Mining, Mission, Propel, Secures
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