September 19, 2026 07:18 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘No UPI above ₹2,000?’ Ghaziabad traders put up ‘cash only’ hoardings | Trump signs Russia sanctions bill: India faces fresh 100% tariff threat over Moscow oil | Caught using ChatGPT for exam answers, IIT Bombay student dies by suicide; students protest | Congress' Nandigram candidate arrested after Mamata's support amid TMC symbol row; Bengal bypoll gets chaotic | Gurugram murder shocker: Groom-to-be leaves sisters at Delhi restaurant to meet ex-colleague, found dead days later | Delhi horror: Teen allegedly gangraped, stabbed to death and dumped in field; dogs eat parts of body | TMC name, symbol frozen: EC tells rival factions to pick new identities ahead of Bengal bypolls | Married just 17 days ago: Hyderabad engineer mysteriously found dead at US home | ‘We will promote cash’: New UPI charge triggers trader backlash, Opposition protests | Gurugram biker crash: Main accused Kalyan Bainsla sent to police custody for 2 days
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.