I have a great idea for how they can save money on staff…
CmdrAirdroid on
This must be some kind of investor scam. There’s no way to make this profitable in the next few decades. Fusion energy powered by helium 3 won’t be reality for a long time, we’re not anywhere near that. Currently there is not strong enough demand for helium 3 to justify the extremely high costs to extract it from the moon and bring it back…
connerhearmeroar on
Ah yes space startups famously getting to the moon which is super easy, and mining something we don’t really need right now?
imtoooldforreddit on
Helium 3 is such a long way away from being needed.
Its desirable because fusing it doesn’t create any neutrons – so everything made in the reaction stays in the plasma, without neutral particles carrying away your energy through the magnetic fields and degrading your reactor materials. But it’s also less efficient and requires higher temperature, which makes all the biggest issues we’re having with hydrogen fusion that much harder (dealing with plasma instability and being net energy positive).
If commercial fusion is always 20 years away, helium fusion is always 50+ years away, if not more. Plus getting anything from the moon is crazy hard too.
This seems bordering on investor scam, IMHO.
Bailywolf on
I came here to say this looks like a grift and was worried I would get hollered at by enthusiasts.
Glad to see skeptical folks dominating the comments.
wakeupwill on
One of the last resources to be necessary or viable to mine on the Moon.
Mutant_Apollo on
yeah no, it’s probably some grifter techny from Los Angeles scamming venture capitals (not that I’m against it lol, fuck them venture capitals) but this is totally unfeasible atleast right now
TheOnsiteEngineer on
Not really a race is nobody else is actually even working on this. The only thing we can do with such mined helium would be for fusion power, but since we don’t have fusion working in the first place, it’s pointless to boot.
Reddit-runner on
I have a dollar.
I thought to invest in this company.
However I decided to throw it into a wishing fountain, because this will yield more reliable revenue.
Bringing He3 back from the moon costs more _energy_ than getting the mining equipment and tankers to the moon.
KermitFrog647 on
“could one day produce at least 10 kg of helium-3 a year, worth close to $200 million.”
Thats peanuts compared to what this operation would cost.
tessashpool on
When I want space content I definitely go to Forbes
scfoothills on
Ah, but how are they going to get it back down?
itsRobbie_ on
I asked chatgpt about a business like this a few months ago. It told me to take it to angel investors asap to ask for a billion dollars to make it work lmfao
FatherSquee on
What happened to you Forbes? You used to be cool.
metametapraxis on
Obvious scam to relieve investors of money is obvious scam.
metametapraxis on
Getting to the moon is super-easy and fusion reactors using He-3 are on most street-corners, so I’m not sure why everyone thinks this is a scam.
16 Comments
I have a great idea for how they can save money on staff…
This must be some kind of investor scam. There’s no way to make this profitable in the next few decades. Fusion energy powered by helium 3 won’t be reality for a long time, we’re not anywhere near that. Currently there is not strong enough demand for helium 3 to justify the extremely high costs to extract it from the moon and bring it back…
Ah yes space startups famously getting to the moon which is super easy, and mining something we don’t really need right now?
Helium 3 is such a long way away from being needed.
Its desirable because fusing it doesn’t create any neutrons – so everything made in the reaction stays in the plasma, without neutral particles carrying away your energy through the magnetic fields and degrading your reactor materials. But it’s also less efficient and requires higher temperature, which makes all the biggest issues we’re having with hydrogen fusion that much harder (dealing with plasma instability and being net energy positive).
If commercial fusion is always 20 years away, helium fusion is always 50+ years away, if not more. Plus getting anything from the moon is crazy hard too.
This seems bordering on investor scam, IMHO.
I came here to say this looks like a grift and was worried I would get hollered at by enthusiasts.
Glad to see skeptical folks dominating the comments.
One of the last resources to be necessary or viable to mine on the Moon.
yeah no, it’s probably some grifter techny from Los Angeles scamming venture capitals (not that I’m against it lol, fuck them venture capitals) but this is totally unfeasible atleast right now
Not really a race is nobody else is actually even working on this. The only thing we can do with such mined helium would be for fusion power, but since we don’t have fusion working in the first place, it’s pointless to boot.
I have a dollar.
I thought to invest in this company.
However I decided to throw it into a wishing fountain, because this will yield more reliable revenue.
Bringing He3 back from the moon costs more _energy_ than getting the mining equipment and tankers to the moon.
“could one day produce at least 10 kg of helium-3 a year, worth close to $200 million.”
Thats peanuts compared to what this operation would cost.
When I want space content I definitely go to Forbes
Ah, but how are they going to get it back down?
I asked chatgpt about a business like this a few months ago. It told me to take it to angel investors asap to ask for a billion dollars to make it work lmfao
What happened to you Forbes? You used to be cool.
Obvious scam to relieve investors of money is obvious scam.
Getting to the moon is super-easy and fusion reactors using He-3 are on most street-corners, so I’m not sure why everyone thinks this is a scam.