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It is powered by electricity generated by a power system that is being designed separately. The current plan is for photovoltaic power generated by solar cells. In the video when it shows the animated version on the lunar surface note the big circular blue solar arrays. The prototype uses either batteries or power from a cable which you can see in some of the shots. Yes, it can drop & pick up objects. The flight version will have a toolkit that enables ATHLETE to exchange end effectors (tools, grippers, drills). After it plugs a gripper into one wheel unit, it can pick up a box like the one shown in the video and transport it while driving on 5 wheels. The legs on the flight version may be up to 2 stories tall to give it the reach it needs to take things off of the Altair lunar lander. Jim Schier, NASA, Lunar Architecture Team