Astrotech unit plans early-stage commercial lunar power network
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Astrotech Announces Plans for LP&L to Develop a Commercial Lunar Electric Utility
August 11, 2026 8:15 AM EDTAUSTIN, Texas, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) ("Astrotech" or the "Company") today announced that its wholly owned subsidiary, Lunar Power and Light Corporation ("LP&L"), intends to develop a commercial lunar power-generation, energy-storage and distribution network designed to operate as a lunar electric utility for future government and commercial customers at a high-illumination lunar polar location. The proposed program remains subject to technical validation, financing, customer commitments, launch availability and applicable governmental authorizations.
LP&L's proposed network would combine distributed, elevated and sun-tracking solar towers; utility-scale and local battery storage; autonomous... More
