NASA wants to create a marketplace to buy and sell lunar dirt from private companies

NASA is looking for private companies from around the world that can grab lunar dirt and rocks, setting off the process of creating a new marketplace for space resources.

"The solicitation creates a full and open competition, not limited to US companies, and the agency may make one or more awards," NASA Administrator Jim Bridenstine wrote in a blog post on Thursday.

The amount appears to be quite meagre considering the cost required to send a spacecraft to the Moon, but the idea here is to start the process of creating a lunar marketplace, said the report.

"We applaud @NASA's announcement to buy extracted lunar resources from commercial as another step towards a sustainable return to the Moon," the federation said in a tweet on Thursday.

The NASA Administrator said that when considering such proposals to buy lunar resources from private companies, the agency will require that "all actions be taken in a transparent fashion, in full compliance with the Registration Convention, Article II and other provisions of the Outer Space Treaty, and all of our other international obligations."

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