About Planetary Resources
Planetary Resources is a company based in Redmond (United States) founded in 2010 was acquired by Consensys in October 2018. Planetary Resources has raised $49.58 million across 5 funding rounds from investors including Consensys, Tencent and SNCI. The company has 49 employees as of December 31, 2017. Planetary Resources operates in a competitive market with competitors including Astroscale, Fleet Space, HELIOS, Origin of space and Deep Space Industries, among others.
- Headquarter Redmond, United States
- Employees 49 as on 31 Dec, 2017
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Sectors
Aerospace, Defense & Maritime
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Funding Insights of Planetary Resources
Planetary Resources has successfully raised a total of $49.58M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $34.78 million completed in November 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Planetary Resources
Planetary Resources has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Consensys, Tencent and SNCI.
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Early-stage centric sector-agnostic VC firm investing in geographies such as the US
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VC firm focused on early stage investments in the space economy
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VC firm investing in seed and early stage companies in the US
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Investor details for Planetary Resources
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Investments & Acquisitions by Planetary Resources
Investment portfolio details for Planetary Resources
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Financial Statements - Planetary Resources
Detailed financials for Planetary Resources
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Planetary Resources Comparisons
Peer comparison for Planetary Resources
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Competitors of Planetary Resources
Planetary Resources operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Astroscale, Fleet Space, HELIOS, Origin of space and Deep Space Industries, among others.
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Satellite solutions for space debris removal are developed.
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Integrated space-enabled geoscientific data is provided for mineral exploration.
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Provider of solutions to extract and utilize metals and oxygen for future space exploration
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Space exploration services and resource utilization in asteroids are provided.
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Asteroid mining and space resource technologies are developed commercially.
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Detailed competitors of Planetary Resources
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Latest news on Planetary Resources
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Frequently Asked Questions about Planetary Resources
Planetary Resources was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Planetary Resources is headquartered in Redmond, United States. It is registered at Redmond, Washington, United States.
Planetary Resources is a funded company, having raised a total of $49.58M across 5 funding rounds to date.
As of Dec 31, 2017, the latest employee count at Planetary Resources is 49.
Planetary Resources design and manufactures small satellites and spacecraft that can help space exploration missions to mine and use fuel from asteroids. The company is also working on building identify asteroid for mining purposes. Currently the company is working on futuristic projects like Rocket Propellant, the company intends to use water as propellant source in space; Life Support, working on design to transport large quantities of water to space; and Metal, its long term plan include mining metal and fuel from asteroids. Their spacecraft uses the laser-optical technology for ground communications and hereby reduces bulk over conventional systems.
Planetary Resources's top competitors include Astroscale, Fleet Space and HELIOS.
Planetary Resources has 11 investors. Key investors include Consensys, Tencent, SNCI, OS Fund, and Space Angels.