Naveen Jain

Up to 5 Years People Will live on the Moon

Moon Express, a company planning to mine material on the moon, is "definitely" going to launch its first mission next year, and could have human colonies there within five years, Chairman Naveen Jain told CNBC on Thursday.

In January, the company said that it was targeting a date in late 2017 to send its lander to the moon. But that has been pushed back until 2018.