
Space Industries - Critical Resources From Space
Helium-3 (3He) is the fuel of the future that can enable 100% clean and sustainable energy however it can’t be produced on Earth in required volumes.
Space Industries are developing the Lunar Resource Extraction Vehicle (LREV) to produce 3He on the moon using new and novel mining methods that have a comparative impact as footsteps on beach sand.
Space Industries will produce helium-3 from the Moon for use on Earth and in the process produce water for space as a bi-product, the companies technology can also be used to solve Earth based problems such as reducing emissions in the mining industry, producing clean drinking water from sand and advanced manufacturing of light weight engineering materials.
Milestone
- Selected by NASA as a top 10 global company for high chance of success, relevance to the Artemis missions and Earth and Space bound applications ,
- Letters of support from potential customers expressing resource demand worth over $300M and over $150M annually with no other potential supplier ,
- Filed patent for novel mine processing plant that can capture 100% of emissions and secured customer who is a top 5 global mining company. Paid lab trials are underway
Clients
Incorporation Location
Australia
Cohort
- Energy + Industrial IoT ,
- Australia Demo Day
Category
CleanTech
Meet the founders
Joshua Letcher
CEO