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Mar 3, 2017

Space Mining: Luxembourg and lunar robotic company ispace shoot for the moon

Posted by in categories: business, engineering, government, robotics/AI, space

(sth/T.L.) – Luxembourg’s government and Tokyo-based space lunar robotic exploration company ispace Inc. on Thursday signed a Memorandum of Understanding (MoU) in the context of the SpaceResources.lu initiative with focus on developing miniaturized technology to discover, map, and utilize resources on the Moon.

Japanese start-up ispace was created by Hakuto, a finalist team of Google’s prestigious innovation competition Google Lunar XPRIZE. The company already works together with the Luxembourg Institute of Science and Technology (LIST) and will continue to do so.

Within the framework of this MoU, ispace intends to focus, through its new European office based in Luxembourg, on business development, R&D and on several key technical services, including payload development, engineering and integration.

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