Magna Petra Corp., the prominent lunar resources extraction operator, received the “Lunar Game Changer” Award from the Moon Village Association (MVA) at its Annual Workshop & Symposium held in Torino Italy.
The award was presented by Giuseppe Reibaldi, President of the MVA, and accepted on behalf of Magna Petra Corp. by Satoru Kurosu, Board Member and Co-Chairman of the MVA International Working Group. This recognition highlights Magna Petra’s innovative technology for lunar isotope extraction, as well as its international collaborations aimed at accelerating execution and mitigating risks associated with the mission.
Chris Bosquillon, Chair of the MVA Moon Market Annual Award, commented:
“We recognize Magna Petra in our ‘Lunar Game Changer’ special Award category – for its streamlined cost-effective logistics in Helium-3 isotopes extraction. This alternative to massive regolith processing will enable the techno-economic math of Helium-3 extraction to add up. It further allows to preempt governance concerns about lunar environmental disturbance. With an incremental business model anchored in sound commercial agreements with industry, Magna Petra is steadily working toward establishing a lunar Helium-3 ground truth with a realistic way forward. The company has strategically limited its exposure to lunar funding policy risks: Magna Petra is well positioned to maximize customers opportunities in quantum computing cryogenics, while supporting accelerated developments in fusion energy markets.”
“We are honored by the MVA’s recognition of our technology, our IP and our global ‘kereitsu’, but also the importance of a reliable supply chain for Helium-3, given its criticality to quantum computing and nuclear fusion power”, remarked Jeffrey Max, CEO of Magna Petra Corp. “Helium-3’s unique attributes make it an essential resource for the ‘AI Century’; the Magna Petra team is excited to be making this supply chain a reality.”à
