Starpath Robotics, a startup company founded by a group of former SpaceX engineers, has taken a big step towards the development of sustainable space travel. This company, by attracting capital equal to 12 million dollars, seeks to produce rocket fuel from ice on the surface of the moon.
Referring to the challenges in the space industry, Starpath CEO Sourav Shroff emphasizes that no company has seriously pursued the development of rocket fuel production technology on the moon. He believes that this technology can create a huge revolution in the space industry and help to fulfill human dreams of traveling to other planets. To carry out this ambitious project, Starpath plans to use a large solar array on the surface of the moon to provide the energy needed to mine ice, separate gases and produce fuel. The company is also developing advanced robots capable of performing mining operations in the harsh conditions of the lunar surface.
Investment firms 8VC and Fusion Fund have backed the project, along with several other investment firms, including Day One Ventures. The capital attracted in this way will be spent on building a new research and development center, hiring expert staff and advancing research projects.
Starpath plans to install its technology on a spacecraft traveling to the moon by 2026. With the realization of this goal, an important step will be taken towards realizing the human dream of living and working in space. The development of rocket fuel production technology on the moon, in addition to reducing the costs of space travel, can lead to the creation of new industries such as lunar mining, space tourism, and extraterrestrial production.
With an innovative approach and the support of major investors, Starpath is developing a technology that can revolutionize the future of the space industry. Producing rocket fuel on the moon will not only help reduce the cost of space travel, but could also usher in a new era of space exploration.
RCO NEWS