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First Mode strikes $13.5M deal for mining tech

Mine haul truck
An ultra-class haul truck carries tons of ore. (Anglo American Photo)

First Mode, a Seattle engineering firm founded by veterans of the Planetary Resources asteroid mining venture, says it’ll be working on innovations for the earthly mining industry under the terms of a three-year, $13.5 million agreement with Anglo American.

The deal demonstrates that First Mode is branching out from space applications, a year after it was founded.

The company has been providing design, engineering and system development services for projects including NASA’s next Mars rover, the Psyche mission to an iron-rich asteroid, the Europa Clipper spacecraft and a proposed moon rover — but Anglo American, one of the world’s largest mining companies, is its first announced client for terrestrial technologies.

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