Moon Express Closes $2.5 Million Bridge Financing, Secures $10 Million Lead Investor for Series B Round

CHICAGO, October 1, 2018 (Moon Express PR) – Moon Express has announced the successful closing of a $2.5M bridge round and the opening of a $20M Series B round anchored by a $10M lead investor. Proceeds of the financing will support the build out of the company’s Cape Canaveral facilities as well as spacecraft development for its commercial lunar flight program.

Moon Express Founder and CEO Bob Richards made the announcement during a closing keynote at The World Innovation Network (TWIN) Global Summit in Chicago. “We are at the dawn of an exciting new era of lunar exploration and development,” he stated to the international TWIN Global audience. “We’re excited about the new U.S. space policy to return to the Moon in a sustainable way with commercial partners and we look forward to working with NASA and other space agencies in exploring Earth’s eighth continent.”

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