Comments on: For Some Entrepreneurs, Moon Is Money

By: Walt Nilsson

Walt Nilsson — Thu, 08 Dec 2011 16:16:07 +0000

For Some Entrepreneurs, Moon Is Money http://t.co/JZbXDbBE

By: Andrew

Andrew — Sun, 01 May 2011 23:48:33 +0000

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!

By: Naveen Jain

Naveen Jain — Fri, 29 Apr 2011 00:34:12 +0000

Naveen Jain (http://www.forbes.com/finance/lists/54/2000/LIR.jhtml?passListId=54&passYear=2000&passListType=Person&uniqueId=7I27&datatype=Person) and Barney Pell (http://www.crunchbase.com/person/barney-pell) are both visionary dynamos – great to see them teaming up on such a groundbreaking venture.

- Pete Kistler

By: Olga Altstatt

Olga Altstatt — Sat, 16 Apr 2011 17:35:06 +0000

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!

By: Chuck Black

Chuck Black — Sat, 09 Apr 2011 15:35:15 +0000

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.

By: Om Malik

Om Malik — Tue, 05 Apr 2011 18:24:58 +0000

Thanks. FaceAnswers

By: Anonymous

Anonymous — Tue, 05 Apr 2011 16:55:17 +0000

well, I’m too seek funds to start up my NewSpaceAgency … :)

By: VAXHeadroom

VAXHeadroom — Tue, 05 Apr 2011 14:21:07 +0000

For more info go read “Moon Rush” by Dennis Wingo at Apogeebooks.com This is real, the science is solid, and the economics are feasable.
Follow me on Twitter @VAXHeadroom

By: Gaetano Marano

Gaetano Marano — Tue, 05 Apr 2011 14:16:35 +0000

just read the TRUE STORY of the “”"Google”"” Lunar X Prize here: http://x.co/GqFF (don’t miss it)

By: Anonymous

Anonymous — Tue, 05 Apr 2011 14:06:52 +0000

the “”"Google”"” Lunar X Prize is already FAILED… just read WHY in my comments posted in this WIRED article! http://www.wired.com/wiredscience/2011/02/lunar-x-prize-teams/ []