‘Breaking Ground’ Trust Signs Agreement With Intuitive Machines, Aims To Be First Private Purchaser Of Lunar Material

Open Lunar Foundation Of Silicon Valley, Through ‘Purpose Trust’ Breaking Ground, Intends To Buy Moon Regolith From Multiple Sources, Experiment With Various Management Strategies; Privately Funded Group Cites 2015 USA, 2017 Luxembourg, 2020 UAE Space Legislation Interpreting Commercialization Of Extraterrestrial Resources As In Accordance With 1967 Outer Space Treaty; Trust Fashioned Along ‘Steward-Ownership’ Model; Transaction Between Private Parties Will Establish Norms / Framework For Earth-Moon Commerce; IM R&D VP Timothy Crain Says Initial Agreements Are “Building Blocks For Future Trade In The Solar System”

Credits: IM, OLF, ILOA Hawai’i, CSYS