SPIDER is supported by a $2.6 million grant from Australia's space agency to to develop a geophysical device that will deliver insight about the subsurface of the Moon’s South Pole.

Australia’s Fleet Space Technologies has raised $100 million to expand its satellite-based mineral exploration capabilities and take the technology to the moon.

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Jason Rainbow writes about satellite telecom, space finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information...