In a recent announcement, NASA administrator Bill Nelson revealed that the agency’s $11 billion, 15-year plan for the Mars Sample Return mission is being deemed insufficient. This shift in strategy could potentially benefit space startups, as the planned funding may be redirected towards them. Nelson emphasized the need for a more affordable approach with a quicker return date for the samples from Mars.
Former senior SpaceX executive Tom Ochinero, along with SpaceX alum-turned-VC Achal Upadhyaya and Sequoia’s finance leader Spencer Hemphill, have joined forces to launch a new venture called Interlagos Capital. While details about the company are scarce, it was recently incorporated in Delaware and registered in California. The trio has not responded to requests for comment, but their involvement in the venture signals a promising new development in the space industry.
Meanwhile, on April 23, 1972, Apollo 16 astronauts John Young and Charles Duke concluded their mission on the lunar surface and began their journey back to Earth. After spending three days exploring the moon, they rejoined Thomas Mattingly in lunar orbit before heading home.
This news comes amidst ongoing discussions and developments in the space industry, with a focus on innovative approaches to space exploration and collaboration between government agencies and private companies. Stay tuned for more updates on these exciting developments in the world of space exploration.