A privately owned Russian company called Lin Industrial has announced that it is capable of constructing a lunar base.

The projected cost of constructing a first-stage lunar outpost, followed by a second-stage facility (manned by 2 and 4 crewmembers respectively) is about $9.3 billion, according to the company's chief designer.

The construction would require 13 heavy carrier rocket launches, and a total 37 launches over a period of five years to maintain the base, according to the company's representatives.

The company experts propose Malapert Mountain, located near the moon's south pole, as a construction site for the base. According to them, it would take about 10 years to build and deploy the base.