Tag: Planetary Resources

Planetary Resources Signs MOU With Luxembourg Government, Bank

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Arkyd-3 satellite (Credit: Planetary Resources)

Arkyd-3 satellite (Credit: Planetary Resources)

REDMOND, Wash., USA,  June 13, 2016 (Planetary Resources PR) – Planetary Resources, Inc., the asteroid mining company, announced today that it has signed a Memorandum of Understanding with the Government of the Grand Duchy of Luxembourg and the banking institution Société Nationale de Crédit et d’Investissement (SNCI).

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SpaceResources.lu: New Law to Provide Framework for Space Resource Utilization

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Asteroid Eros

Asteroid Eros

LUXEMBOURG CITY (Luxembourg Government PR) — The Luxembourg Government forges ahead with the SpaceResources.lu initiative by presenting an overall strategy to be implemented progressively for the exploration and commercial utilization of resources from Near Earth Objects (NEOs), such as asteroids. Amongst the key actions undertaken is the establishment of an appropriate legal and regulatory framework for space resource utilization activities to provide private companies and investors with a secure legal environment.

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Planetary Resources, Bayer Sign MOU on Space Data

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Ceres constellation (Credit: Planetary Resources)

Ceres constellation (Credit: Planetary Resources)

MONHEIM, Germany, May 31, 2016 (Bayer/Planetary Resources PR) – Bayer and the aerospace technology company Planetary Resources, based in Redmond, Washington, USA, have signed a memorandum of understanding about the development of applications and products based on satellite images. Bayer intends to purchase these data from Planetary Resources to create new agricultural products and improve existing ones. The collaboration will be part of the Digital Farming Initiative at Bayer (www.digitalfarming.bayer.com). Financial details were not disclosed.

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Planetary Resources Announces $21.1 Million Funding Round For Sat Constellation

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Ceres constellation (Credit: Planetary Resources)

Ceres constellation (Credit: Planetary Resources)

REDMOND, Wash.,  May 26, 2016 (Planetary Resources PR) – Planetary Resources, Inc., the asteroid mining company, announced today that it has secured US$21.1 million in Series A funding. The capital will be used to deploy and operate Ceres, an advanced Earth observation business that features the first commercial infrared and hyperspectral sensor platform to better understand and manage humanity’s natural resources.

The funding was led by Bryan Johnson and the OS FUND; and joined by Idea Bulb Ventures; Tencent; Vast Ventures; Grishin Robotics; Conversion Capital; The Seraph Group; Space Angels Network, a syndication of investors from Angel.co; and Larry Page. Earth observation will be another aspect of Planetary Resources’ operations in addition to prospecting and mining asteroids.

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Planetary Resources Shelves Arkyd Space Selfies Due to Lack of Funding

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Arkyd-3 satellite (Credit: Planetary Resources)

Arkyd-3 satellite (Credit: Planetary Resources)

Asteroid mining company Planetary Resources sent out the following cancellation and refund message today has been sent to supporters of its ARKYD Kickstarter. The campaign raised money so people could send pictures of themselves into space that would be displayed with Earth in the background.

According to the message, Planetary Resources was only going to launch the satellite if it got other people to give them even more money to fly the mission. That funding was which was not forthcoming from the multiple billionaires that back Planetary Resources (Larry Page, Eric Schmidt and Richard Branson among them) or anyone else the company targeted for funding.

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Planetary Resources Receives Patent for Asteroid Prospecting & Mining

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Spacecraft examine asteroid. (Credit: Planetary Resources)

Spacecraft examine asteroid. (Credit: Planetary Resources)

U.S. Patent No. 9,266,627
February 23, 2016
[Full Patent]

Method, apparatus, and system for asteroid prospecting and mining

Abstract

A method of prospecting asteroids for mining includes (a) launching at least one spacecraft, the spacecraft including a space telescope; (b) examining a plurality of asteroids using the space telescope to gather scientific data on the asteroids for characterization and cataloging; and (c) selecting one or more asteroids to mine from the plurality of asteroids examined by the space telescope and contained within the catalog. A system for prospecting asteroids for mining is also described.

Inventors: Anderson; Eric (Arlington, VA), Diamandis; Peter H. (Santa Monica, CA), Lewicki; Chris (Bellevue, WA), Voorhees; Chris (Bellevue, WA)

Applicant: Planetary Resources Development Corporation, Bellevue, WA
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Luxembourg’s Bold Move into Space Mining

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ESA's Asteroid Impact Mission is joined by two triple-unit CubeSats to observe the impact of the NASA-led Demonstration of Autonomous Rendezvous Technology (DART) probe with the secondary Didymos asteroid, planned for late 2022. (Credit: ESA - ScienceOffice.org)

ESA’s Asteroid Impact Mission is joined by two triple-unit CubeSats to observe the impact of the NASA-led Demonstration of Autonomous Rendezvous Technology (DART) probe with the secondary Didymos asteroid, planned for late 2022. (Credit: ESA – ScienceOffice.org)

By Douglas Messier
Managing Editor

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.
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Luxembourg Launches Space Resources Mining Initiative

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Schematic view of asteroid (25143) Itokawa. (Credit: ESO)

Schematic view of asteroid (25143) Itokawa. (Credit: ESO)

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.

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Luxembourg Set to Become Asteroid Mining Power

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These photos show the relative size of three asteroids that have been imaged at close range by spacecraft. Mathilde (37 x 29 miles) (left) was taken by the NEAR spacecraft on June 27, 1997. Images of the asteroids Gaspra (middle) and Ida (right) were taken by the Galileo spacecraft in 1991 and 1993, respectively. Image Credit: NASA/JPL/NEAR and Galileo missions

Three asteroids (Credit: NASA/JPL/NEAR and Galileo missions)

Well, this is interesting:

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.

Planetary Resources Ceres Satellites to Focus on Earth Observations

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Video Caption: Conceived from our vision for the exploration and utilization of resources from asteroids, Ceres, our advanced Earth observation system, delivers affordable, on-demand Earth intelligence of any point on the planet.

Read more about Ceres and Planetary Resources’ Earth Observation capabilities on our website: http://www.planetaryresources.com/ear…

Editor’s Note: Hey, you guys deployed an Arkyd satellite into space in mid-July on a 90-day mission to test technology. How did that go? It’s been six months and I can’t find any updates on it at your website.

What Happened to Planetary Resources’ Real Satellite?

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Arkyd-3 satellite (Credit: Planetary Resources)

Arkyd-3 satellite (Credit: Planetary Resources)

While Planetary Resources unveiled a tiny model of a spacecraft 3D printed from asteroid metals amid much hype at the glitzy Consumer Electronics Show this week, the space mining company has apparently remained silent for nearly six months about an actual satellite it launched into space.

The Arkyd 3 Reflight (A3R) CubeSat was deployed from the International Space Station on July 16 on a planned 90-day mission to “validate several core technologies including the avionics, control systems and software, which the company will incorporate into future spacecraft that will venture into the Solar System and prospect for resource-rich near-Earth asteroids.” It was the company’s first deployed spacecraft.

Miniature satellite model made from asteroid material. (Credit: Planetary Resources)

Miniature satellite model made from asteroid material. (Credit: Planetary Resources)

“The successful deployment of the A3R is a significant milestone for Planetary Resources as we forge a path toward prospecting resource-rich asteroids,” Co-founder Peter Diamandis said in a press release. “Our team is developing the technology that will enable humanity to create an off-planet economy that will fundamentally change the way we live on Earth.”

The company has not posted an update on its website about this significant milestone since the satellite was deployed. The silence is rather odd given the significance of the mission and the company’s PR savvy.

A3R might have already re-entered the atmosphere. A search on N2YO.com indicates a satellite by that name re-entered the atmosphere on Dec. 23. However, the listing indicates a November 1998 launch date.

UPDATE: The A3R did in fact re-enter the atmosphere on Dec. 23. The November 1998 launch date is for the ISS Zarya module that was launched at that time. Anything deployed from the space station has that launch date.

Planetary Resources 3D Prints Object From Meteorite

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Credit: Planetary Resources

Credit: Planetary Resources

REDMOND, Wa. (Planetary Resources PR) — The future of space colonization and industrialization can now be visualized.

Planetary Resources, in collaboration with our partner 3D Systems, have developed the first ever direct metal print from asteroid metals. At the Consumer Electronics Show (CES) today in Las Vegas, NV., we unveiled the geometric object on the Engadget stage.

Credit: Planetary Resources

Credit: Planetary Resources

This spacecraft prototype was 3D printed from actual an asteroid that was, pulverized, powdered and processed on the new 3D Systems (NYSE: DDD) ProX DMP 320 metals 3D printer. It is the first part ever 3D Printed with material from outer space and is reminiscent of a design that could originate from a 3D printer in the zero-gravity environment of space.

The asteroid (or meteorite) used for the print materials was sourced from the Campo Del Cielo impact near Argentina, and is composed of iron, nickel and cobalt – similar materials to refinery grade steel.

Planetary Resources on Space Measure: We Like It!

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planetary_resources
REDMOND, Wash. (Planetary Resources PR) — Planetary Resources, Inc., the asteroid mining company, praises the members of Congress who promoted historic legislation (H.R. 2262) that recognizes the right of U.S. citizens to own asteroid resources they obtain as property and encourages the commercial exploration and recovery of resources from asteroids, free from harmful interference.

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Planetary Resources Raises $12 Million in Financing

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planetary_resourcesPlanetary Resources has raised $12.2 million in new financing as part of an offering of $20 million, according to a company filing with the Securities & Exchange Commission. The funding came from 16 unnamed investors.

The Redmond, Wash., company is focused on mining asteroids. It was co-founded by Peter Diamandis and Eric Anderson.

LauncherOne’s Long & Winding Road to Orbit: A Timeline

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LauncherOne stage separation. (Credit: Virgin Galactic)

LauncherOne stage separation. (Credit: Virgin Galactic)

If the current schedule holds, Virgin Galactic’s revamped LauncherOne program will enter commercial service sometime in 2018 after roughly a decade of development. During that period, the program has been redefined several times, lost two of the key people hired to lead it, and changed its launch platform from WhiteKnightTwo to a jumbo jet. The estimates for the initial flight tests also have slipped by about  four years from 2013 to 2017.

Below is a timeline of the program’s major events, milestones, announcements, hires and departures, and other things. Feel free to let me know if I’ve missed anything significant.

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