This is the best summary I could come up with:

Singapore-based Qosmosys has closed an astonishing $100 million seed round to develop its lunar lander tech.

In a press release published to its website, the startup simply said that it practices a “unique and protective funding model.”

“The structure welcomes a limited consortium of investors, safeguarding all stakeholder interests in anticipation of a planned IPO by 2028 at the latest,” the release says.

Not much is known about the first mission, though Qosmosys did say back in February that it had partnered with Airbus Defence and Space for technical design and engineering services for the ZeusX concept.

The startup, headed by aerospace executive François Dubrulle, is based in Singapore but has two affiliate companies in Houston, Texas and Toulouse, France.

Qosmosys says that lunar mining, particularly of essential minerals like Helium-3, is a core part of its business model.

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