Business
Planet Ventures Announces Strategic Investment in GRU Space to Support First Hotel On the Moon; Announces Repayment of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U) ("Planet" or the "Company") is pleased to announce that it has made a strategic USD $100,000 investment in Galactic Resource Utilization Space, Inc. (GRU Space), a pioneering space technology company focused on building the world's first hotel on the Moon. This investment marks a significant milestone in Planet's commitment to supporting potentially transformative...
About this update from Planet Ventures Inc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - March 13, 2026) - Planet Ventures Inc. (CSE: PXI) (OTC Pink: PNXPF) (FSE: P6U) ("Planet" or the "Company") is pleased to announce that it has made a strategic USD $100,000 investment in Galactic Resource Utilization Space, Inc. (GRU Space), a pioneering space technology company focused on building the world's first hotel on the Moon. This investment marks a significant milestone in Planet's commitment to supporting potentially transformative technologies that could expand humanity's presence beyond Earth.","length":589,"tagName":"p"},{"type":"text","content":"GRU Space, a California-based aerospace startup, is leading an ambitious effort to create the first lunar hotel with an estimated opening in 2032[1]. The project aims to land an inflatable, pressurized habitat on the lunar surface capable of hosting small groups of guests for multi-day stays, with future expansions planned to support a broader lunar presence and infrastructure.","length":380,"tagName":"p"},{"type":"text","content":""We are thrilled to have made this investment in GRU Space at this early and exciting stage of human space exploration," said Etienne Moshevich, CEO of Planet Ventures. "This investment reflects our belief in GRU Space's vision and technical approach to building sustainable, long-term habitats beyond Earth. Planet is proud to help enable what could become one of the most iconic pillars of the interplanetary economy."","length":444,"tagName":"p"},{"type":"text","content":"Skyler Chan, Founder and CEO of GRU Space says "We are excited to welcome Planet Ventures' investment in this pivotal moment on our journey to build foundational lunar infrastructure."","length":198,"tagName":"p"},{"type":"text","content":"GRU Space's innovative approach includes using advanced habitation modules and in-situ resource utilization, where lunar materials are transformed into building components that can support future facilities on the Moon and beyond. GRU Space began accepting early reservations for the lunar hotel — with deposit options ranging from USD 250,000 to USD 1 million — demonstrating significant market interest in lunar tourism and off-Earth experiences.","length":462,"tagName":"p"},{"type":"text","content":"Founded by vision...