Tag Archives: Planetary Resources

Why did blockchain company buy asteroid venture?

After months of financial uncertainty, the Planetary Resources asteroid-mining venture says its assets have been purchased by the Brooklyn-based ConsenSys blockchain venture. In a news release, Planetary Resources said its CEO and president, Chris Lewicki, and general counsel Brian Israel … Continue reading

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Planetary Resources auction put on hold

This month’s scheduled sale of hundreds of items from Planetary Resources’ headquarters in Redmond, Wash., has been postponed, according to a website notice by the auctioneer, James G. Murphy & Co. The financially strapped asteroid mining company had planned to sell off laptops, machine … Continue reading

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Planetary Resources will be selling off equipment

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 … Continue reading

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Why space engineers move to (and leave) Seattle

A new employment study indicates that roughly 3,000 people are directly employed by Washington state’s space industry, and roughly half of them are at Blue Origin, Amazon billionaire Jeff Bezos’ space venture. Most of Blue Origin’s 1,500 employees work at the … Continue reading

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Planetary Resources hopes for asteroid comeback

It’s been months since Planetary Resources had to scale back its asteroid aspirations because a fundraising campaign came up short — and the quest for cash is continuing as space industry leaders converge on the Seattle area this week for the Space Frontier Foundation’s … Continue reading

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Planetary Resources misses goal and trims jobs

Planetary Resources, a Redmond, Wash.-based venture that aims to make a fortune mining asteroids, is facing a more down-to-earth challenge: a fundraising shortfall. Just last month, the company had its Arkyd-6 prototype space telescope launched into orbit by an Indian PSLV rocket, … Continue reading

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Asteroid miners might need applied astronomers

AUSTIN, Texas — Mining asteroids for water and other resources could someday become a trillion-dollar business, but not without astronomers to point the way. At least that’s the view of Martin Elvis, a researcher at the Harvard-Smithsonian Center for Astrophysics, who’s been … Continue reading

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