
An executive at Moon Express has been widely quoted as saying his company has reached its funding goal for this year’s planned commercial mission to the lunar surface, thanks to $20 million in new investment.
“We now have all the resources in place to shoot for the moon,” the Florida-based company’s CEO, Bob Richards, said in a statement. “Our goal is to expand Earth’s social and economic sphere to the moon, our largely unexplored eighth continent, and enable a new era of low-cost lunar exploration and development for students, scientists, space agencies and commercial interests.”
Space News quoted Richards as saying that the latest round of investment includes contributions from new and existing investors, including the company’s chairman and co-founder, Seattle-area tech entrepreneur Naveen Jain.