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INDUSTRIAL | Aerospace & Defense
planetaryresources.com

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Founded Year

2009

Stage

Acquired | Acquired

Total Raised

$48.8M

About Planetary Resources

Planetary Resources aims to establish a new paradigm for resource utilization that will bring the Solar System within humanity's economic sphere of influence. The company will conduct low-cost robotic space exploration beginning with the ARKYD Series of space missions that will identify the most commercially viable near-Earth asteroids. These initial missions will assist the company in enabling the retrieval of raw materials from these select asteroids, including water, precious metals and more.

Planetary Resources Headquarter Location

6742 185th Ave NE

Redmond, Washington, 98052,

United States

425-336-2448

Latest Planetary Resources News

Xplore reveals its plans to open satellite manufacturing facility in Seattle area

May 12, 2021

Xplore’s new satellite manufacturing facility is in the Redmond complex that once housed Planetary Resources. (Xplore Photo) Xplore, a Seattle-area startup that aims to build satellites for interplanetary missions, has a new address in Redmond, Wash. — in the same office complex that once housed the Planetary Resources asteroid-mining venture. “Xplore’s 22,000-square-foot facility is tailor-made for satellite manufacturing,” Lisa Rich, the company’s founder and chief operating officer, said today in a news release . “It is large, expandable and can currently accommodate the research, development, production and operation of 20 spacecraft per year.” And when Rich says the location is tailor-made for satellites, she’s not just speaking figuratively: Several years ago, Planetary Resources built a pair of pathfinder Earth-observation satellites on the premises, representing a significant step toward creating a fleet of asteroid-scouting spacecraft. One of the Arkyd-6 satellites was launched on an orbital demonstration mission in 2018. Unfortunately, Planetary Resources ran out of money later that year, and its assets were purchased by ConsenSys , a blockchain venture. Xplore is due to move into the facility in June to start building ESPA-class XCraft satellites suitable for rideshare missions, as well as LightCraft spacecraft for deep-space missions. “We plan to build multiple Xcraft and LightCraft simultaneously,” Rich said. “Our clean rooms, electronic fabrication areas, meeting spaces, offices, mission operations center and enormous high bay will be put to immediate use.” Xplore says it’s already working on projects for commercial customers as well as for NASA, the National Oceanic and Atmospheric Administration, the U.S. Space Force and Air Force. Last year, for example, NOAA awarded Xplore $670,000 to study future options for a space-based solar weather observatory. Eventually, the company intends to become a one-stop shop for “space as a service” satellite operations, extending to the moon, Mars, Venus, asteroids and other deep-space destinations. Among Xplore’s advisers are Alan Stern, principal investigator for NASA’s New Horizons mission to Pluto and the Kuiper Belt; Lou Friedman, co-founder of the Planetary Society; Keith Masback, former president and CEO of the U.S. Geospatial Intelligence Foundation; and Rob Meyerson, operating partner at C5 Capital and former president of Blue Origin. ““Xplore’s new facility further strengthens the Pacific Northwest as the national leader for satellite and spacecraft development,” Meyerson said in today’s news release. “I look forward to seeing the Xcraft and LightCraft in production.”

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Expert Collections containing Planetary Resources

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Planetary Resources is included in 1 Expert Collection, including Space Tech.

S

Space Tech

202 items

With rocket and satellite development costs falling, a regulatory embrace of private spaceflight (“new space”), and better remote sensing and data analytics capabilities, funding to space tech companies has rocketed from almost nothing in 2012, to approximately $4B in combined fu

Planetary Resources Patents

Planetary Resources has filed 5 patents.

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3/18/2014

10/24/2017

Structural engineering, 3D printing processes, Structural system, Metalworking, Building engineering

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10/24/2017

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Structural engineering, 3D printing processes, Structural system, Metalworking, Building engineering

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Status

Grant

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