Ethereum-startup ConsenSys acquired the space company Planetary Resources. The conditions, amount and objectives of the transaction were not disclosed.
Founded in 2009, Planetary Resources develops and introduces new technologies for the industrial development of asteroids. Not much is known about the company's activities. In 2014, Eric Anderson, one of the founders of Planetary Resources, announced that the company plans to extract water from asteroids. A year later, the space company sent its first satellite to the ISS.
Over the course of nearly a decade, Planetary Resources has simultaneously pioneered technology, business, law and policy, and brought the promise of space resources irreversibly closer to humankind’s grasp. I am proud of our team’s extraordinary accomplishments, grateful to our visionary supporters, and delighted to join ConsenSys in building atop our work to expand humanity’s economic sphere of influence into the Solar System.
CEO, Planetary Resources
Also, under the terms of the deal, Chris Lewicky and the General Counsel of the company Brian Israel joined ConsenSys.
I admire Planetary Resources for its world class talent, its record of innovation, and for inspiring people across our planet in support of its bold vision for the future. Bringing deep space capabilities into the ConsenSys ecosystem reflects our belief in the potential for Ethereum to help humanity craft new societal rule systems through automated trust and guaranteed execution. And it reflects our belief in democratizing and decentralizing space endeavors to unite our species and unlock untapped human potential. We look forward to sharing our plans and how to join us on this journey in the months ahead.
Co-founder, Ethereum and Founder, ConsenSys
Previously, ConsenSys invested $ 6.5 million in a startup of R3 ex-manager.