NASA has unveiled a comprehensive strategy to establish a permanent human settlement on the lunar surface, with the space agency presenting a three-phase plan carrying an estimated price tag of $20 billion.

The announcement was discussed by NASA officials alongside astrophysicist Hakeem Oluseyi, who serves as an ABC News contributor, during a presentation detailing the agency's long-term lunar objectives.

The multi-billion dollar initiative represents NASA's commitment to returning humans to the moon and establishing a sustainable presence there. The three-phase approach suggests a gradual buildup of capabilities and infrastructure on the lunar surface.

The plan comes as part of NASA's broader Artemis program, which aims to land the first woman and next man on the moon. The $20 billion investment would support the development of necessary technologies, transportation systems, and habitation modules required for long-term lunar operations.

Details about the specific timeline and technical requirements for each phase of the settlement plan were not immediately available. The initiative reflects growing international interest in lunar exploration and the potential for establishing permanent off-world human habitats.