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Planetary Resources goes international

Image: Arkyd telescope
An artist’s view shows one of Planetary Resources’ telescopes in orbit. (Credit: Planetary Resources)

Planetary Resources says it will start ramping up an international asteroid-mining subsidiary in Luxembourg by the end of the year – and will think about expanding operations to other locales as well.

The Luxembourg deal was announced last week, but many of the details are still to be determined, said Chris Lewicki, Planetary Resources’ president and CEO.

To refresh your memory from geography class, Luxembourg is a tiny nation wedged between Belgium, Germany and France. It’s more than 5,000 miles away from Planetary Resources’ headquarters in Redmond, Wash. So, why Luxembourg?

“We are looking at things that amplify our presence in Seattle,” Lewicki told GeekWire today at the Space Frontier Foundation’s NewSpace 2016 conference. By the end of the year, Planetary Resources plans to work out the details and make a “handful of hires,” he said.

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By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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