Categories
GeekWire

Planetary Resources will be selling off equipment

Planetary Resources logo
Planetary Resources is selling off equipment from its headquarters in Redmond, Wash. (GeekWire Photo / Kevin Lisota)

In a fresh sign of the financial straits facing Planetary Resources, the asteroid mining company will be auctioning off hundreds of items from its headquarters in Redmond, Wash., ranging from industrial-strength CNC machine tools and 3-D printers to laptops and folding chairs.

The online auction will be conducted by James G. Murphy & Co. from Aug. 21 to 28, with a preview scheduled on Aug. 27 at Planetary Resources’ machine shop, lab and offices at 6742 185th Ave. NE in Redmond.

“We are preparing to sell some equipment that we’ve identified as not currently needed and easily replaceable,” Chris Lewicki, Planetary Resources’ president, CEO and chief asteroid miner, told GeekWire in an email. “This is a result of reducing overhead as we go forward with our smaller team.”

Get the full story on GeekWire.

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.

Leave a Reply