Thursday, May 26, 2016

Wannabe Asteroid Miner Planetary Resources Raises $21.1 Million In Series Alpha Round

From Next Big Future:
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; and Larry Page. Earth observation will be another aspect of Planetary Resources’ operations in addition to prospecting and mining asteroids.

Conceived from the company’s vision for the exploration and utilization of asteroid resources, Ceres will leverage Planetary Resources’ Arkyd spacecraft to deliver affordable, on-demand Earth intelligence of our natural resources on any spot on the planet. While typical satellite imagery provides only a picture, Ceres will provide actionable data with higher spectral resolutions – going beyond what the human eye can see – by measuring thermographic properties and detecting the composition of materials on Earth’s surface. The midwave-infrared sensor is the first ever commercial capability from space to offer thermographic mapping and night-imaging, and the hyperspectral sensor includes an unprecedented 40 color bands in the visible to near-infrared spectrum....MUCH MORE
Somehow related:
"Luxembourg’s Asteroid Mining Plan"
"It is Now Legal to Own an Asteroid in the U.S."
The U.S. House Of Representatives Just Passed An Asteroid Mining Bill
Here Comes Another Asteroid Mining, 3D Printing, Robotic, Start-up
Asteroid Mining: "A Start-Up Sees a Gold Rush Among the Stars"
"Are Ross Perot Jr. and Google's Founders Launching a New Asteroid Mining Operation?"
 X Prize Founder Wants to Mine Asteroids
 Rocket Men: A unique gathering of 13 companies showcases a coming year of launches
"We Are About to Start Mining Hydrothermal Vents on the Ocean Floor" (now with added alchemist's fallacy"
"Asteroid a MILE wide to hurtle past Earth in 48 HOURS - as experts warn of MASS EXTINCTION"
"The companies vying to turn asteroids into filling stations"

A compilation image of mining equipment in space
Artist's depiction, not actual asteroid mining