Applied Space Resources, Inc., plans to launch a privately-funded Lunar Sample Return Mission by the 30th anniversary of the first robotic lunar rock retrieval.

As NASA's Lunar Prospector mapping mission sets off to chart the moon's mineral resources, a Applied Space Resources announced plans to put lunar rocks in the hands of research organizations and private citizens alike.

Applied Space Resources, Inc. (ASR) of Long Island, New York says it expects to offer to the general public, through commercial distribution channels, approximately ten kilograms of lunar rock at a retail price comparable to high-quality gemstones. ASR also plans to sell additional material to interested scientific research organizations.

ASR says it expects to launch its lunar sample return mission, the Lunar

Retriever, by September 2000, the 30th anniversary of Luna 16, the first

robotic sample mission to soft land on the moon.

ASR is developing a core competency in the use of existing technologies

for the development of resources in near-Earth space. Its focus is to

deliver spacecraft to any destination with precision, and return resources

and information with equal precision, for a profit.

Resources Available Considerable

Astronomers have plotted the orbits of 400 near-Earth asteroids one kilometer or greater in diameter, and estimate their number to be closer to

2,000. Some of them would be easier to reach and return materials from

than our Moon. Because of their size and the processes by which they were

formed, these asteroids have rare metals such as platinum close to the

surface; in this way, they differ from Earth, where most precious metals

lie far beneath the planetary crust. Both NASA and Japan are planning

missions to test new technology and assay particular asteroids.

As an initial mission, ASR has chosen the more modest goal of landing a

spacecraft at a site on the Sea of Tranquillity, gathering rock and soil and returning it safely to Earth, while leaving instruments behind for ongoing data transmission to Earth. It sees this mission as hastening the day when, for the first time in human history, individuals can gaze upon

Earth's nearest neighbor while holding an affordable piece of it in their

hands … the day when businesspeople and engineers can retrieve formerly

scarce resources from space. "We consider our Lunar Sample Return Mission

an important demonstration of the value of space resources," says ASR Vice

President Beth Elliott.

Elliott points out that a lunar sample return mission costing less than

$100 million could return a quantity of lunar material with enough demand

in the marketplace to make the return on investment attractive to financial

backers. The current market for lunar samples is restricted by low supply

and characterized by extremely high prices. In 1993, a sample of lunar

material said to be from the Apollo 14 mission was sold publicly despite a

federal policy prohibiting private ownership of material collected during

the U.S. manned lunar landings. This sample, alleged to be lunar dust

collected off Dave Scott's lunar EVA suit, sold for $42,500 based on the

speculation that it was lunar in origin-scientific authentication was never

performed. A subsequent sale of lunar material from one of the former

Soviet Union's three successful Luna sampling missions occurred at a

Sotheby's auction. A sample weighing just a few grains, less than one

carat in weight, sold for an astounding $442,000-or $2,200 per milligram.

"Missions like the Lunar Retriever are essential to understanding the

resources available to a future manned lunar base, " says Jay Manifold,

another ASR vice president. Manifold explains that an In-Situ Resource

Utilization (ISRU) program is key to developing a manned lunar base, and

key to ISRU development is having samples of lunar resources in the hands

of scientists on Earth.

Manifold will also be pointing out the parallels between the

commercialization of near-Earth space and European voyages of exploration

on January 14th in a presentation to the American Institute of Aeronautics

and Astronautics (AIAA) at their 36th Aerospace Sciences Meeting and

Exhibit in Reno, Nevada. In both instances, says Manifold, rival

superpowers financed the technology of exploration, then, in the case of

European exploration, retreated into the business of granting royal

charters for a share of the profits. Individual entrepreneurs, finding

that a purse full of coin could carry limited clout in emergencies, began

to consolidate their operations, which led to the development of the

corporation. A similar pattern is appearing with the advent of NASA's

Discovery program and other efforts by world governments to push the

financial risks of space exploration into the private sector. A copy of

the presentation will be made available to the public at ASR's website on

the day of the presentation.

When working with potential and financial partners, ASR's principals

stress the importance of entrepreneurs to opening near-Earth space to

resource development. ASR will make its services available to private and

public concerns alike, but will take no subsidies. "Humankind will only

benefit from the resources of space when they are developed by private

enterprises such as ours," says ASR CEO Denise Norris. "We intend to use

our knowledge, creativity, hard work and business vision to demonstrate the

viability of market-driven space missions. We will not go to the public

asking them to send us into space. We will go into space first, then come

to the public with something to offer: the productive utilization of the

vast resources of near-Earth space."

Applied Space Resources