Backed by both private capital investments and international government funding, Planetary Resources has emerged as an industry-defining space mining company. The company has a stated long-term goal to "expand Earth's natural resource base" by developing and deploying the technologies for asteroid mining.
Planetary Resources’ Arkyd prospecting spacecraft are small, agile, and on track to launch in 2017.
The company’s proprietary remote sensing technology employs a wide spectral range to determine the composition and other characteristics of asteroids.
Planetary Resources is developing a unique, modular control system that enables a high level of reliability and flexibility in their spacecraft.
Asteroid mining is a huge long-term market opportunity––the industry is projected to be worth trillions of dollars in the years to come.
Near-term, Planetary Resources will apply the same sensor technologies they’re developing for prospecting asteroids to serve data and information needs for a number of terrestrial markets.
Planetary Resources was instrumental in the effort which led to the passage of the U.S. Commercial Space Launch Competitiveness Act—these Obama-era regulations allow commercial space ventures to profit from resources extracted from celestial bodies.