‘Planetary’ Tagged Posts

A blockchain agency purchased asteroid mining firm Planetary Sources

Right here’s a match made in…I don’t know, someplace on the blockchain, I suppose. Pioneering area startup Planetary Sources was acquired by, o...

 

Right here’s a match made in…I don’t know, someplace on the blockchain, I suppose. Pioneering area startup Planetary Sources was acquired by, of all issues, a blockchain agency this week. ConsenSys, a Brooklyn primarily based agency that makes a speciality of all issues Ethereum issued an announcement noting that it has snagged the asteroid mining  firm.

It’s not solely clear how the 2 firms will work collectively, although ConsenSys founder Joe Lubin (who additionally helped creator Ethereum) did handle to say “decentralizing area endeavors,” which is actually on-brand for the pinnacle of a blockchain firm.

“I love Planetary Sources for its world class expertise, its document of innovation, and for uplifting individuals throughout our planet in assist of its daring imaginative and prescient for the longer term,” Lubin stated in an announcement tied to the information. “Bringing deep area capabilities into the ConsenSys ecosystem displays our perception within the potential for Ethereum to assist humanity craft new societal rule methods by automated belief and assured execution. And it displays our perception in democratizing and decentralizing area endeavors to unite our species and unlock untapped human potential.”

Lubin additionally promised to supply up extra data within the coming months. Meantime, Planetary Sources CEO Chris Lewicki (previously of NASA JPL) and Normal Counsel Brian Israel will each be becoming a member of ConsenSys. Right here’s what Lewicki needed to say concerning the matter, “I’m happy with our crew’s extraordinary accomplishments, grateful to our visionary supporters, and delighted to hitch ConsenSys in constructing atop our work to increase humanity’s financial sphere of affect into the Photo voltaic System.”

Based in 2010 as Arkyd Astronautics, Planetary Sources was thought-about a vivid gentle on this planet of privatized area firms, with X Prize founder Peter Diamandis on-board as director. Earlier this yr, nevertheless, the corporate famous that it was rethinking its method and making cutbacks after failing to safe its most up-to-date funding spherical.