The Moon has LOTS of water. It makes the prospects for a Moonbase better (Since you can supply Water and Oxygen to Astronauts) and The Moon can be used as a fuel depot (Water Broken up into Hydrogen and Oxygen) for spacecrafts and probes.

New Research Suggests the Moon Has Widespread Water

Now that there's talk of going back to the Moon at some point, perhaps to even set up a more longterm colony, this raises the question of how to make a lunar colony sustainable.

From article, (new research used data from both NASA’s Lunar Reconnaissance Orbiterand their Moon Mineralogy Mapper spectrometer, which helped them create a means of measuring reflected sunlight that could see through the Moon's glowing. And they suddenly found there was more water than they'd anticipated.

According to Joshua Bandfield, lead author on the study and senior research scientist with the Space Science Institute in Boulder, Colorado, who said the following in a press release from NASA:

"We find that it doesn’t matter what time of day or which latitude we look at, the signal indicating water always seems to be present. The presence of water doesn’t appear to depend on the composition of the surface, and the water sticks around."

 There are still a lot of questions that need to be solved before we just send off a new team of astronauts and tell them to drink whatever they find on the lunar surface. The nature of the water is still unclear (knowing whether we're picking up signs of water or hydroxyl is an important distinction) and how easily accessible it is. Just because it's everywhere doesn't mean it isn't tough to extract, and the research suggests that water wouldn't be loosely attached to the surface.

But it's a start. Eventually we might be able to send off astronauts and tell them to drink whatever they find on the lunar surface. Just not yet.)

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