This is why discovery of water on the Moon is so important - CNBCTV18

NASA's Stratospheric Observatory for Infrared Astronomy (SOFIA) has confirmed the discovery of water on the sunlit surface of the Moon?

The presence of water on the shadowed parts of the Moon was previously known to scientists; however, this discovery points to the fact that water may be distributed across the lunar surface — in more abundant quantities than previously thought.

The detection of molecular water and not just hydroxyl (as was previously known) has boosted NASA's hopes of establishing a lunar base on our only natural satellite.

A sustainable way of exploring space means using local resources from the Moon's surface, and water is the primary resource.

Re-fuelling at the Moon instead of coming all the way to Earth would bring down the cost of space travel, which would eventually make space travel more affordable.