MOFFETT FIELD, Calif. (DSI PR) — Asteroid mining company Deep Space Industries, together with the Luxembourg Government and the Société Nationale de Crédit et d’Investissement (SNCI), the national banking institution in Luxembourg, have signed an agreement formalizing their partnership to explore, use, and commercialize space resources as part of Luxembourg’s spaceresources.lu initiative.
NASA has selected asteroid mining company Deep Space Industries for a Small Business Innovation Research (SBIR) Phase II award to continue work on developing and testing of asteroid soil simulants.
The project is aimed at producing “at least four asteroid simulants at high fidelity for mineral content and particle size, created through standardized inputs and documented processes” for use by terrestrial researchers in a variety of programs.
Luxembourg’s announcement of its space resources initiative provides three things that companies like Planetary Resources and Deep Space Industries (DSI) need to make their dreams of mining asteroids a reality.
Legal Recognition. The United States is alone in the world in recognizing space property rights. There is some dispute over whether the law violates the 1967 Outer Space Treaty. (more…)
MOFFETT FIELD, Calif. (DSI PR) — Deep Space Industries (DSI) congratulates Luxembourg’s Economic Ministry on their announcement today that they will be actively pursuing space resource utilization. Spaceresources.lu is a government-sponsored initiative, planning the exploration, use, and commercialization of valuable minerals and other resources from Near Earth Objects (NEOs), like asteroids. Luxembourg’s Spaceresources.lu initiative – to be conducted in cooperation with commercial partners – is destined to facilitate and support the creation of an entire new space industry.
LUXEMBOURG CITY (Luxembourg Government PR) — The Luxembourg Government announced a series of measures to position Luxembourg as a European hub in the exploration and use of space resources. Amongst the key steps undertaken, as part of the spaceresources.lu initiative, will be the development of a legal and regulatory framework confirming certainty about the future ownership of minerals extracted in space from Near Earth Objects (NEO’s) such as asteroids.
The country is home to one of the world’s biggest satellite firms, SES, and is now planning to create a space mining industry that could both advance science and make investors wealthy, according to a report in the Financial Times.
The Grand Duchy is partnering with the dramatically-named commercial space mining firms, Deep Space Industries and Planetary Resources of the US.
Luxembourg‘s Economy Minister Etienne Schneider is set to provide details on Wednesday about the joint venture, which seeks to mine gold, platinum and other minerals. Former ESA Director General Jean-Jacques Dordain is an adviser to the effort.
MOFFETT FIELD, Calif. (DSI PR) — On Friday, November 20, 2015, Rick Tumlinson was awarded the World Technology Award by the World Technology Network (“The WTN”) – a global community comprised of the most innovative people and organizations at the forefront of science and technology and related fields. Mr. Tumlinson was awarded this prestigious honor for his work at Deep Space Industries in the development of an industrial economy in space.
MOFFETT FIELD, Calif. (DSI PR) — Deep Space Industries (DSI) congratulates the members of the United States Senate for passing legislation that significantly advances the cause of opening space resources to humanity. Title IV of S.1297, also referred to as the U.S. Commercial Space Launch Competitive Act of 2015, promotes the right of U.S. citizens to engage in commercial exploration for, and commercial recovery of, space resources in accordance with international obligations and subject to supervision by the U.S. government.
“We are pleased to see the beginnings of legal clarity in the field of space resource utilization,” said Rick Tumlinson, Chair of Deep Space Industries. “This bill is a historic step forward and demonstrates that Congress can effectively and quickly pass legislation that is important to the country’s economic future. The hard-working legislators and their staff on Capitol Hill are to be commended.”
Asteroid Mining Company Deep Space Industries Announces Investment by the International Investment Fund Metatron Global, A.S.
MOFFETT FIELD, Calif. (DSI PR) — The asteroid mining firm Deep Space Industries (DSI) announced today that Metatron Global, A.S., an international investment firm with offices in the Czech Republic, has agreed to make a substantial investment in the company. The investment will enable DSI to accelerate its plans to prospect for resources at an asteroid in the near future, hire more top level leadership and develop high value products based on its groundbreaking technologies.
MOFFETT FIELD, Calif. (DSI PR) — Deep Space Industries (DSI) announced today that renowned spacecraft designer and engineer Grant Bonin will be joining the company in the role of Chief Engineer. Mr. Bonin has 11 successful spacecraft in Earth orbit and will now drive the company’s ramp up to its first asteroid missions.
“It’s go time!” exclaimed Rick Tumlinson, Chair of Deep Space Industries. “We have the vision, the goal and core plan. With Grant, we now have the full leadership team to execute and succeed. This is the first in a series of exciting announcements you’ll see from DSI in the coming year. On our current growth path and timetable DSI’s spacecraft will be flying out to an asteroid before 2020.”
DSI Partners with Europe’s Leading Nanosat Manufacturer, ISISpace
MOFFETT FIELD, Ca. (ISISpace/DSI RP) — Innovative Solutions In Space (ISISpace), a recognized leader in the world-wide nanosat market, and Deep Space Industries have announced a partnership that will deliver significant benefits to customers, at highly competitive prices. Deep Space Industries will utilize ISISpace’s flight proven hardware and avionics in addition to DSI’s own proprietary technologies to provide high-quality, low-cost, agile nanosat platforms in the American market.
“Deep Space Industries is extremely excited to be able to offer ISISpace’s professional quality Cubesat-compatible flight systems to our American customers. This new partnership will enable U.S. customers to benefit from the finest quality European parts backed by years of success,” said Daniel Faber, CEO of Deep Space Industries. “Coupled with DSI’s innovative new technologies and our integration and engineering expertise, this partnership will allow us to provide the highest quality nanosat platforms to our customers at competitive prices.”
Legislation that would grant property rights to entities mining asteroids has been introduced in Congress.
“Any asteroid resources obtained in outer space are the property of the entity that obtained such resources, which shall be entitled to all property rights thereto, consistent with applicable provisions of Federal law,” the measure states.
ATLANTA, GA, March 12, 2015 (DSI PR) — Jeff Garzik, Bitcoin pioneer and CEO of Dunvegan Space Systems (DSS) announced he has signed a contract with Deep Space Industries (DSI) to build a 24 BitSat satellite constellation as the first element of a new strategic alliance between the two firms. The nanosats to be used in the Dunvegan constellation designed by DSI provide an order of magnitude cost advantage over traditional telecommunication satellites. Based on the industry standard Cubesat form factor, BitSat enables a cost and performance framework that supports the open platform business model employed by Dunvegan.