Founded by Dallas Faraday in [REDACTED], the company was initially focused on designing, manufacturing, and launching the skyscraper sized ships (TRIPs) intended to transport hundreds of thousands of colonists to the moon. To facilitate development, a variety of shell companies were used to purchase swaths of real estate just outside of Fresno, California. The newly purchased land was then used as the site of the (theoretically) temporary Dream City, which was meant to be both employee housing and launch pad.
CEO and founder of Faraday Technologies, Dallas Faraday, served as chairman of Dream City and oversaw the massive endeavor up until his untimely death in [REDACTED]. The company merged with Lunara in [REDACTED] when plans for the Moon city were publicly abandoned.