August 22, 2014 4:23 AM ET

Aerospace and Defense

Company Overview of Moon Express Inc.

Company Overview

Moon Express Inc., a commercial lunar resources company, is engaged in engineering a series of robotic missions to the moon for commercial and government customers. It engages in locating and developing lunar resources for use in space and on earth. The company was founded in 2010 and is based in Moffett Field, California with propulsion development and test facilities in Huntsville, Alabama.

NASA Research Park

PO Box 309

Moffett Field, CA 94035

United States

Founded in 2010

Phone:

650-241-8577

Key Executives for Moon Express Inc.

Co-Founder and Chief Executive Officer
President
Co-Founder and Chairman
Age: 54
Co-Founder and Vice Chairman
Vice President of Operations
Compensation as of Fiscal Year 2014.

Moon Express Inc. Key Developments

Moon Express, Inc. Names Andrew Aldrin as President

Moon Express Inc. has named Dr. Andrew Aldrin as President, bringing his 20+ years of business leadership and policy experience in high-profile, aerospace companies to MoonEx as it undergoes accelerating growth on the back of rapid technological progress and business expansion. As President of Moon Express, Dr. Aldrin will be responsible for day-to-day operations for the company. Prior to joining Moon Express, Dr. Aldrin was Director of Business Development and Advanced Programs at United Launch Alliance (ULA) where he oversaw development of corporate strategies, business capture, senior customer relations and advanced program development for civil space markets.

Moon Express, Inc. Unveils MX-1 Lunar Lander Spacecraft as Robotic Space Vehicle Capable of Multitude of Applications

Moon Express Inc. unveiled its MX-1 lunar lander spacecraft as a robotic space vehicle capable of a multitude of applications including delivering scientific and commercial payloads to the Moon at a fraction of the cost of conventional approaches. The spacecraft design is being unveiled on Dec. 5, 2013 at the closing session of Autodesk University in Las Vegas in front of an audience of over 10,000 attendees. The MX-1 synthesizes proprietary robotic technologies, advanced micro-avionics, and a toroidal structure to produce a green robotic spacecraft that is powered by sunlight and uses hydrogen peroxide as rocket fuel. Hydrogen peroxide (H2O2) is an oxygen enriched water compound commonly found in nature and biological systems. With the recent discovery of water on the Moon, the MX-1 has a potential source of rocket fuel on the lunar surface, a scenario that would be a game changer in the economics of lunar resources and solar system exploration. The main MX-1 rocket engine is a dual mode bi-propellant system that also uses kerosene as an after burner to give the spacecraft the punch to break out of Earth orbit, accelerate to faster than a bullet, travel a million miles to beyond the Moon, and come back to break to zero velocity using its outboard thrusters as it touches the lunar surface. The spacecraft is designed to ride to Earth orbit on low cost secondary payload opportunities aboard commercial launchers like the SpaceX Falcon 9 that are radically reducing the cost of access to space.

Moon Express Announces Paul Spudis as Chief Scientist and Jack Burns as Science Advisory Board Chair

Moon Express Inc. announced that the planetary scientists Dr. Paul Spudis and Dr. Jack Burns have joined the company to assist its plans to explore the Moon for precious resources. Dr. Spudis, an outspoken advocate of using lunar resources to develop the Moon and cislunar space, has joined Moon Express as its Chief Scientist, a part-time role established in collaboration with the Lunar and Planetary Institute in Houston, Texas, where he is a Senior Staff Scientist. Dr. Jack Burns, Director of the NASA Lunar Science Institute's Lunar University Network for Astrophysics Research (LUNAR) and named to NASA's Advisory Council in 2008, has also joined Moon Express in a part-time capacity as chair of the company's Science Advisory Board, focused on scientific and resource utilization goals and prospects for Moon Express.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 13, 2013
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