NASA’s Lunar Reconnaissance Orbiter (LRO) and India’s Chandrayaan-2 orbiter have captured images of Japan’s Resilience lunar lander after it suffered a catastrophic crash on the Moon. Resilience, developed by private firm ispace, had been attempting to touch down in the Mare Frigoris region on June 5. The lander was carrying scientific experiments and a small European lunar rover, Tenacious, slated to deploy an art model on the surface. Contact was lost about 100 seconds before the planned touchdown, and the new images show debris scattered around the impact site. These images provide the first confirmation of Resilience’s fate.
Crash site images reveal debris field
According to the captured crash site image by NASA’s Lunar Reconnaissance Orbiter on June 11, 2025, there is a dark smudge of disturbed regolith where Resilience hit the surface. India’s Chandrayaan-2 orbiter captured follow-up images on June 16 showing the debris field in greater detail. Astronomy experts identified at least a dozen fragments of the lander and its small rover Tenacious in these photos.
One enthusiast catalogued at least 12 separate debris items, though their exact spread is unclear. A faint bright halo of ejected dust surrounds the smudge, consistent with a violent impact. These detailed views provide clues to investigators piecing together how Resilience broke apart on impact.
Laser rangefinder fault pinpointed as cause
Resilience’s onboard laser altimeter began lagging about 100 seconds before landing, causing the descent to proceed too fast. On June 24, ispace confirmed that this rangefinder malfunction during descent prevented the lander from decelerating to the planned touchdown speed. The hard impact “likely tore the spacecraft apart” and destroyed all scientific payloads.
Investigators are examining factors like lunar surface reflectivity or hardware degradation as possible triggers of the failure. Resilience was ispace’s second Hakuto-R moon lander; its predecessor (April 2023) likewise crash-landed. CEO Takeshi Hakamada said the company is working on fixes and “will not let this be a setback” as it pursues future lunar missions.
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In a landmark shift for the U.S. housing finance system, the Federal Housing Finance Agency has issued a directive ordering Fannie Mae and Freddie Mac to formally consider cryptocurrency as an asset in single-family mortgage loan risk assessments.
The move, signed by FHFA Director William J. Pulte on Wednesday, signals a new era of crypto integration into traditional financial infrastructure — this time within the core of American home lending.
The order directs both housing finance giants to develop proposals that include digital assets — without requiring borrowers to liquidate them into U.S. dollars prior to a loan closing.
Pulte said in a post on X that the move aligns with President Donald Trump‘s vision “to make the United States the crypto capital of the world.”
Historically, cryptocurrency has been excluded from underwriting frameworks due to volatility, regulatory uncertainty, and the inability to easily verify reserves. This directive changes that.
The decision comes at a time of increasing institutional embrace of crypto across banking, payments, and federal policy.
“Cryptocurrency is an emerging asset class that may offer an opportunity to build wealth outside of the stock and bond markets,” the order states, acknowledging crypto’s growing role in household financial portfolios.
The directive restricts consideration to digital assets that are stored on U.S.-regulated, centralized exchanges and can be clearly evidenced. It also requires Fannie Mae and Freddie Mac to develop internal adjustments to account for crypto’s market volatility and ensure that any risk-weighted reserves comprised of crypto do not compromise underwriting standards.
Under the directive, both enterprises must submit their assessment proposals to the boards of directors for approval and then to the FHFA for final review.
Fannie Mae and Freddie Mac were put under government control in September 2008 as entities that are known as government-sponsored enterprises, or GSEs.
Arevon Energy just brought a massive new battery storage project online in San Diego’s Barrio Logan neighborhood, and it’s built to keep the lights on when the grid gets stressed.
The new Peregrine Energy Storage Project clocks in at 200 megawatts (MW)/400 megawatt-hours (MWh), making it one of the biggest battery storage facilities in the San Diego region. That’s enough stored energy to power around 200,000 homes for two hours during peak demand.
Built for $300 million, Peregrine is the fifth utility-scale energy storage project Arevon has launched in California. It uses lithium iron phosphate (LFP) batteries, which are known for their safety and thermal stability. LFP batteries use iron, phosphate, and lithium to create a strong chemical bond that resists overheating, making them safer than other lithium-ion chemistries. They also have a longer lifespan and are less prone to degradation over time.
The facility created more than 90 construction jobs and is expected to generate over $28 million in property tax revenue over its lifetime.
Energy storage projects like this are key to making California’s grid more stable and reliable. By soaking up clean energy when demand is low and discharging it when the grid is under strain, Peregrine helps reduce blackouts and avoid spikes in electricity prices.
“The successful completion of Peregrine Energy Storage is a result of the collaborative efforts of the project’s stakeholders and the local community who collectively support California’s renewable energy goals,” said Kevin Smith, CEO of Arevon.
Arevon already operates more than 3.2 gigawatts (GW) of renewable energy projects in California, with another 800 MW under construction. Nationwide, it owns and operates 4.7 GW of solar and storage projects across 17 states.
Read more: SpaceX alums just supercharged EV charging at Costco
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