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Argo Space’s plan to power orbital tugs with moon water pulls in $7.9M

Argo Space Corp wants to build a reusable in-space transportation vehicle that runs on moon water.

Argo Space Corporation aims to contribute to both these capabilities with a reusable orbital transfer vehicle that can be refueled with water harvested from the moon. The startup, which was founded by three brothers who all formerly worked at SpaceX, is developing an orbital transportation spacecraft called the Argonaut, named for the famous seafaring heroes of Greek mythology. Alongside this, Argo Space says it also developed a method to extract water from lunar regolith, which could then be used as part of an off-planet fuel-creation process.

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