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16 Comments

  1. 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…

  2. 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?

  3. 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.

  4. 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.

  5. 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

  6. 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.

  7. 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.

  8. “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.

  9. 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

  10. 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.