June 10, 2026 04:27 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Maharashtra CM backs Israel’s plan for Shivaji Maharaj statue — Big diplomatic gesture | NDA strength crosses 300 in Lok Sabha as 20 rebel TMC MPs extend support | Big nuclear boost! India’s arsenal surges to around 190 warheads, says SIPRI report | Fresh blow to TMC! Ex-Bidhannagar Mayor Sabyasachi Dutta arrested in extortion case | Mamata's crisis deepens! 20 TMC Lok Sabha MPs back NDA as party splits in Parliament | India advises nationals to leave Iran amid escalating Middle-East tensions | Bengal liquor scam: Confidential excise report names Abhishek Banerjee in alleged revenue diversion scheme | Cockroach Janta Party protest: Six detained as Delhi Police moves to avert clashes at Jantar Mantar | Sonam Wangchuk joins Cockroach Janta Party's Jantar Mantar protest, backs call for Dharmendra Pradhan's resignation | 'Dharmendra Pradhan must resign': Cockroach Janta Party founder Abhijeet Dipke joins Jantar Mantar protest
Canadian Space Agency
A rendering of CSMC's LEUNR reactor deployed in the arctic. Photo: Canadian Strategic Missions Corporation)

Canadian Space Agency awards $1 million for lunar power and mining studies

| @indiablooms | Jun 10, 2026, at 02:55 am

Ontario: Canadian Strategic Missions Corporation has secured $1 million from the Canadian Space Agency to study power generation and resource extraction technologies for future missions to the Moon.

The funding will support two separate studies under the CSA's Lunar Surface Exploration Initiative, a programme linked to NASA's Artemis campaign aimed at establishing a long-term human presence on the Moon.

CSMC said its subsidiary, CSMC Nuclear, received $500,000 to examine lunar power generation and distribution systems and another subsidiary, CSMC Labs, received $500,000 to study lunar mining and resource utilization.

The studies will assess technical requirements, identify capability gaps and evaluate the economic benefits of Canadian participation in lunar infrastructure projects.

The work will be carried out over an initial 10-month period, with an option for an extended analysis phase.

According to the company, the studies will help shape Canada's future investments in lunar exploration and infrastructure.

"These awards represent a defining moment for CSMC and for Canada's ability to develop strategic technologies with both space and terrestrial applications, including defence," said Daniel Sax, chief executive officer and founder of CSMC.

The company said technologies developed for the Moon could also have applications on Earth, particularly in remote and harsh environments.

CSMC Nuclear's compact power systems are being designed for lunar operations but could eventually provide energy for military sites and remote northern communities.

Meanwhile, CSMC Labs plans to use advanced quantum sensing technologies to identify and map lunar resources.

The company said similar technologies could support critical mineral exploration, permafrost monitoring and infrastructure planning in Canada's Arctic.

The Lunar Surface Exploration Initiative is intended to identify areas where Canada can contribute to international lunar exploration efforts.

CSMC said the projects would be carried out with industry, research and Indigenous partners.

Founded in 2020, CSMC develops technologies focused on energy, resource development and national security through its subsidiaries CSMC Nuclear and CSMC Labs.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.