A California startup is joining much bigger players in the drive to explore settlement on the moon, as plans by NASA to send astronauts back there heats up the commercial lunar market.
Aerospace firm Venturi Astrolab Inc., better known as Astrolab, based in Hawthorn, California, is building an all-purpose truck that is intended to construct lunar infrastructure and also ferry astronauts around, enabling work that would make long-term settlement on the moon possible.
Companies are betting that NASA's drive to return to the moon in several years, along with technological and business advancements that have lowered launch costs, could be lucrative for businesses that get in there early and succeed.
"We are transitioning now from just the earliest phase of exploration to the early stage of settlement," said Chris Hadfield, a retired Canadian astronaut and advisory board member for Astrolab. "This is going to become part of human commerce and human geography," he said of early moon settlement.
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