About Planetary Resources
Planetary Resources is an Aerospace, Defense & Maritime company based in Redmond (United States) founded in 2010, and was acquired by Consensys in October 2018. Satellite and space-craft manufacturers for asteroid mining and space exploration. Planetary Resources has raised $49.58 million across 5 funding rounds from investors including Consensys, Tencent and SNCI. The company has 49 employees. The company was acqui-hired. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Space Services and Space Mining. Its competitors include Deep Space Industries, TransAstra and Trans Astronautica Corporation; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Redmond, United States
- Employees 49
- Stage Acquired
- SectorsAerospace, Defense & Maritime
- Website planetaryresources.com
- Social LinkedIn X
- Acquired by Consensys (Oct 2018)
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.
- Total Funding $49.58M
- Total Rounds 5
- Last Round Series A — $34.78M
- Investors Count 10
All 5 funding rounds of Planetary Resources with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2016 | $34.78M | Series A | – | OS Fund | |
| Nov 2016 | $13.3M | Series A | – | – | |
| Nov 2016 | $14.4M | Grant | – | – | |
| Jul 2013 | $1.51M | Seed | – | – | – |
| Apr 2012 | Angel Round | – | – | – |
11 investors in total: 11 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage centric sector-agnostic VC firm investing in geographies such as the US | osfund.co | Chicago, United States | ||
VC firm focused on early stage investments in the space economy | spaceangels.com | New York, United States | ||
VC firm investing in seed and early stage companies in the US | seraphgroup.net | Tampa, United States | ||
Venture capital firm focused on tech companies | conversioncapital.com | New York, United States | ||
US focused venture capital firm | vastvc.com | New York, United States | ||
Early-stage tech investments are targeted in China and the US. | sinovationventures.com | Beijing, China | ||
Seed-to-late-stage US tech investments are managed by Grishin Robotics. | grishinrobotics.com | Menlo Park, United States | ||
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
Provides comprehensive infrastructure development services for various projects. | luxembourg.lu | |||
Equipment credit and financing services for SMEs are provided. | 1978 | snci.lu | Luxembourg, Luxembourg |
Investor details for Planetary Resources
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Planetary Resources
4 dated milestones of Planetary Resources across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Planetary Resources is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $34.8M.
- Exit Acquired by Consensys.
Competitors of Planetary Resources
Planetary Resources has 3 listed competitors in our database, 2 of them funded. They include Deep Space Industries, TransAstra and Trans Astronautica Corporation.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| deepspaceindustries.com | 2012 | Houston, United States | $4.53M | Asteroid mining and space resource technologies are developed commercially. | ||
| transastra.com | 2015 | Los Angeles, United States | Developer of satellites and space equipment | |||
| transastracorp.com | 2015 | Los Angeles, United States | $125,000 | Mining services for space systems are provided by the company. |
Detailed competitors of Planetary Resources
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- Full competitor set
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Web traffic of Planetary Resources
Websites that share an audience with Planetary Resources (planetaryresources.com).
Websites whose visitors overlap most with Planetary Resources. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| deepspaceindustries.com | 100% | View details | |||
science.howstuffworks.com | science.howstuffworks.com | 83% | – | ||
| nasa.gov | 72% | 20.9M | #2,516 | View details | |
ulcc.ac.uk | ulcc.ac.uk | 52% | – | ||
blog.zooniverse.org | blog.zooniverse.org | 48% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Planetary Resources
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- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Space Research & Technology
3 companies that operate in the same segment as Planetary Resources (Space Research & Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
Astra is engaged in providing space launch services. | 2016 | Alameda, California, United States | USD 136.93 M | |||
Reusable launch vehicles for large payloads are developed and launched. | 2002 | Hawthorne, California, United States | USD 11.86 B | USD 18.67 B | 20,833 |
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Related news about Planetary Resources
Complete news archive for 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.
Planetary Resources has 49 employees.
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 TransAstra, Trans Astronautica Corporation and Deep Space Industries.
Planetary Resources has 11 investors. Key investors include Consensys, Tencent, SNCI, OS Fund, and Space Angels.
Yes. Planetary Resources was acquired by Consensys in October 2018.