NASA's LCROSS Lunar Satellite Discovers 'Significant' Water on the Moon

(CNN) -- NASA said Friday it had discovered water on the moon, opening "a new chapter" that could allow for the development of a lunar space station.

The discovery was announced by project scientist Anthony Colaprete at a midday news conference.

The find is based on preliminary data collected when the Lunar Crater Observation and Sensing Satellite, or LCROSS, intentionally crashed October 9 into the permanently shadowed region of Cabeus crater near the moon's south pole.

I'm here today to tell you that indeed, yes, we found water. And we didn't find just a little bit; we found a significant amount.”

— Anthony Colaprete, LCROSS scientist