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Closing Bell

Manifest Space: Moon Mining with Interlune CEO Rob Meyerson 3/13/24

Closing Bell

CNBC

Business, News

4.8118 Ratings

🗓️ 13 March 2024

⏱️ 20 minutes

🧾️ Download transcript

Summary

Interlune is emerging from stealth, closing an $18 million seed funding round, led by Reddit co-founder Alex Ohanian’s firm 776. Founded by two former Blue Origin executives, the startup aims to harvest natural resources from space and sell to commercial and government customers. CEO Rob Meyerson joins Morgan Brennan to lay out the company’s strategy and building out the in-space industry.

Transcript

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0:00.0

Moon Mining, once the fodder of science fiction, a new company is making a big bet that the world

0:08.0

will need the natural resources plentiful on the Moon. Interloon is just emerging from stealth this week. Four years in the

0:15.1

making, the startup was founded by two alum of Jeff Bezos Blue Origin, former

0:19.3

President Rob Meerson, and former Chief Engineer Garyye, as well as Apollo 17 astronaut

0:26.0

Harrison Schmidt, one of the last Americans to walk on the moon.

0:30.0

Meyerson says his entire career has been leading up to this moment.

0:35.0

First off is Artemis.

0:36.0

The billions that are being spent means that both from the government and from commercial

0:41.0

companies, it means that the infrastructure is there to go to the moon, move around the moon, power and communications.

0:50.0

All that infrastructure is being built and it's something that we can rely on.

0:54.0

Number two, the use cases are there. The quantum computing, superconducting quantum

0:59.4

computing needs the resource we're going after which is helium three and helium three is

1:06.6

plentiful in space and plentiful on the moon but not so very very scarce on Earth.

1:12.4

Interloon recently closed an 18 million dollar seed funding round,

1:16.0

led by Reddit co-founder Alexis Ohanian's firm, 776.

1:20.0

And it comes as lunar missions begin to ramp.

1:23.0

Most recently, Interloon Partner Intuitive Machines,

1:26.0

which made history with its first commercial lunar lander last month.

1:30.0

On this episode, Meerson lays out the strategy for what is literally a moonshot and why Helium 3 is such a valuable resource.

1:41.0

I'm Morgan Brennan and this is manifest space.

1:46.5

Joining me now Rob Meerson, the former president of Blue Origin, also the

1:51.0

founder and CEO of Delaloon, and now as well also the founder

...

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