One quantum leap for mankind: The dawn of the lunar economy
06-13-2025
4-minute read
- In the next 20 years, the lunar economy could be valued at $170 billion
- The lunar economy could be driven by new scientific breakthroughs, in-space manufacturing, and by creating a gateway to deep-space missions.
- The European Space Agency’s Moonlight project is aiming to build a satellite communications and navigation network that will lay the groundwork for future Moon missions
- Working with Telespazio, Viasat will play a key role in developing a communication satellite system for Moonlight.
Arguably, the most beautiful satellite that orbits the Earth – the Moon – could one day become a bustling hub of human activity: teaming with innovation, discovery, and even adventure. And, in the not-so-distant future, the Moon could become a major economic driver that would require reliable satellite connectivity to make it possible.
From breakthroughs in scientific research, to developing clean energy, the range of opportunities the Moon offers for building a new economy is both exciting and potentially lucrative. In 2021, a PwC report projected the lunar economy to have a cumulative value of about $170 billion over a 20-year period.
Using lunar materials, 3D printing could enable the construction of habitats, tools, and other infrastructure to sustain long-term human expeditions to the Moon. This approach could reduce the need to transport materials from Earth, making lunar operations more sustainable and cost-effective. 3D printing could also allow for the rapid prototyping and production of custom components.
Astronomers could benefit from the Moon's stable and predictable environment, which is ideal for long-term astronomical studies. The Moon's far side, shielded from Earth's radio interference, could be an excellent location for radio telescopes, enabling unprecedented observations of the universe.
The Moon's low gravity could offer advantages for new formulations of chemicals to create new medicines and healthcare products that are difficult to produce on Earth. For example, high-purity metals could be produced more efficiently – materials that have applications beyond just medicine, but also even aerospace.
The discovery of water ice in the lunar poles has been a game-changer for space exploration. Water ice could not only be a source of hydrations for astronauts; it is a critical component for producing hydrogen and oxygen, the primary ingredients for rocket fuel. The Moon could serve as a refueling station for spacecraft, significantly reducing the cost and complexity of deep space missions.
The Moon's lack of atmosphere and predictable day-night cycle make it an optimal location for continuous and reliable solar power generation. These arrays could power lunar habitats, research stations, and manufacturing facilities.
Unlike Earth, which is shielded by its magnetic field, the moon has been pelted with massive amounts of helium-3 from the solar wind. Scientists believe this isotope could revolutionize nuclear energy by powering safer fusion reactors that don't generate radioactive waste or dangerous byproducts.
Although these ideas may seem like distant dreams, we are already creating the backbone of a lunar economy – a lunar-orbiting communication system.
The European Space Agency’s Moonlight project is a groundbreaking initiative that plans to develop a state-of-the-art lunar orbiting navigation and communication system for both European and international missions, whether they are on the Moon's surface or in lunar orbit.
The Moonlight communications system will serve as a high-speed data highway, for spacecraft and lunar vehicles. This network will simplify and accelerate communications, enabling more efficient and effective scientific and exploration projects, including precise positioning over the Moon. As the project evolves, Moonlight is expected to create the building blocks of an emerging economy.
Laurent Jaffart, ESA’s Director of Connectivity and Secure Communications
Although these ideas may seem like distant dreams, we are already creating the backbone of a lunar economy – a lunar-orbiting communication system.
The European Space Agency’s Moonlight project is a groundbreaking initiative that plans to develop a state-of-the-art lunar orbiting navigation and communication system for both European and international missions, whether they are on the Moon's surface or in lunar orbit.
The Moonlight communications system will serve as a high-speed data highway, for spacecraft and lunar vehicles. This network will simplify and accelerate communications, enabling more efficient and effective scientific and exploration projects, including precise positioning over the Moon. As the project evolves, Moonlight is expected to create the building blocks of an emerging economy.