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April 5, 2011 06:49 am GMT
Most people wouldn't think a good follow up to selling your search engine company to Microsoft would be to then start a company that will build lunar landers. But that's exactly what Barney Pell, the cofounder and CEO of Powerset, is up to. He sold Powerset to Microsoft for $100 million in 2008. He still works there, but he's cofounded a new company called Moon Express that plans to build lunar landing craft for commercial purposes.Joining him are Robert Richards (CEO) and, inexplicably, Naveen Jain. How Jain plans to rip people off from space eludes me, but I'm sure he'll figure out a way.Putting Jain aside for a moment (Pell and I have argued for hours about his ethics), Moon Express is an audacious company. They were one of six companies chosen by Nasa to receive funding from it's $30 million Lunar Demonstrations Data (ILDD) project. And they are one of only three companies to actually receive part of that funding.Their aim is to create "reliable precision transports" that will allow people to develop, explore and research the moon. Over time, these landers will be able to return to earth safely with samples, etc.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/cP7yjdKnkGU/
From Search Engines To Lunar Landers: Barney Pell's Next Startup Is Moon Express
Most people wouldn't think a good follow up to selling your search engine company to Microsoft would be to then start a company that will build lunar landers. But that's exactly what Barney Pell, the cofounder and CEO of Powerset, is up to. He sold Powerset to Microsoft for $100 million in 2008. He still works there, but he's cofounded a new company called Moon Express that plans to build lunar landing craft for commercial purposes.Joining him are Robert Richards (CEO) and, inexplicably, Naveen Jain. How Jain plans to rip people off from space eludes me, but I'm sure he'll figure out a way.Putting Jain aside for a moment (Pell and I have argued for hours about his ethics), Moon Express is an audacious company. They were one of six companies chosen by Nasa to receive funding from it's $30 million Lunar Demonstrations Data (ILDD) project. And they are one of only three companies to actually receive part of that funding.Their aim is to create "reliable precision transports" that will allow people to develop, explore and research the moon. Over time, these landers will be able to return to earth safely with samples, etc.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/cP7yjdKnkGU/
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