For Some Entrepreneurs, Moon Is Money

15 thoughts on “For Some Entrepreneurs, Moon Is Money”

  1. Back in its day, Infospace caused a huge scandal and purportedly had committed an ethical, if not legal, wrong.
    This same story on TC seems to have more venom. From your perspective, does the involvement of Naveen Jain make this enterprise lose some of its sheen? And honestly, these guys are literally promising us the moon (or pieces of it 🙂 ).
    One more question: How does Microsoft allow an employee to work on projects seemingly unrelated to the company? I guess it is on his own time, so it may be alright. I live in India, and here, these things get us fired (which is why we never court the press 😀 ).

    1. Thanks Eric. For those of you, who don’t know Heinlein, according to Wikipedia, “for many years, Heinlein, Isaac Asimov, and Arthur C. Clarke were known as the “Big Three” of science fiction.” He popularized phrases such as Waldo, Grok and “TANSTAAFL: There Ain’t No Such Thing As A Free Lunch”

  2. Maybe the science is sound, but the business model doesn’t seem to be.

    Near as I can tell, the primary source of revenue is the chance to win the Google Lunar X-Prize, a $30 million competition for the first privately funded team to send a robot to the moon, travel 500 meters and then transmit video, images and data back to the Earth.

    A second source of revenue accrues under the terms of the $30M NASA Innovative Lunar Demonstration Data (ILDD) program under which the data collected on the Moon can be sold to NASA.

    Unfortunately, neither NASA nor the Google Lunar X-Prize provide advanced payments to fund the rover.

    In essence, Moon Express needs to pay all the development and Moon launch costs up front with seemingly no ongoing revenue stream to assist with cash flow plus win the GLXP against strong competition, including Odyssey Moon, another company formed previously by Moon Express co-founder Bob Richards in order to win the GLXP before they get any revenue.

    One of the founders, or an outside investor needs to kick in 20 – $30 million USD before this can be considered a serious project.

  3. You would also need CEO robot with reconfigerd BRAIN to keep job going and keep an eye on the robots that actually deal with minerelas. It doesn’t mean that the CEO on the EARTH loses it’s function. But hush reality on the Moon will stop him going there!

  4. It’s good to see more private entrepreneurs venturing into space exploration. I’ve noticed that USA government funding for space exploration is drying up, and looking at the USA government fiscal situation that funding could dry up completely. The best hope is for private entrepreneurs to pick up the job, and even better they’ll probably be more efficient and effective. My compliments and good wishes to Moon Express!

This site uses Akismet to reduce spam. Learn how your comment data is processed.