{"id":19587,"date":"2015-10-22T00:55:40","date_gmt":"2015-10-21T16:55:40","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/filing-planetary-resources-raises-12m-as-prospects-look-up-for-asteroid-mining-business\/"},"modified":"2015-10-22T00:55:40","modified_gmt":"2015-10-21T16:55:40","slug":"filing-planetary-resources-raises-12m-as-prospects-look-up-for-asteroid-mining-business","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/filing-planetary-resources-raises-12m-as-prospects-look-up-for-asteroid-mining-business\/","title":{"rendered":"Filing: Planetary Resources raises $12M as prospects look up for asteroid mining business"},"content":{"rendered":"<figure id=\"attachment_134063\" aria-describedby=\"caption-attachment-134063\" style=\"width: 620px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-134063 size-full-width\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2014\/10\/PlanetaryResources-620x411.jpg\" alt=\"Chris Lewicki\" width=\"620\" height=\"411\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2014\/10\/PlanetaryResources-620x411.jpg 620w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2014\/10\/PlanetaryResources-1024x680.jpg 1024w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2014\/10\/PlanetaryResources-100x66.jpg 100w\" sizes=\"(max-width: 620px) 100vw, 620px\"><figcaption data-nosnippet=\"\" id=\"caption-attachment-134063\" class=\"wp-caption-text\">Planetary Resources\u2019 chief asteroid miner Chris Lewicki at the GeekWire Summit 2014.<\/figcaption><\/figure>\n<p>Asteroid mining company Planetary Resources&nbsp;has raised $12 million in funding, according to an&nbsp;SEC filing&nbsp;on Wednesday.<\/p>\n<p>The company, which is backed by celebrity investors like Richard Branson, filmmaker James Cameron and Google executives Larry Page and Eric Schmidt, plans to sell a total of&nbsp;$20 million worth of equity, according to the filing.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-117295\" src=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2012\/07\/planetaryresources-e1422474677685-300x68.png\" alt=\"planetaryresources\" width=\"300\" height=\"68\" srcset=\"https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2012\/07\/planetaryresources-e1422474677685-300x68.png 300w, https:\/\/cdn.geekwire.com\/wp-content\/uploads\/2012\/07\/planetaryresources-e1422474677685.png 388w\" sizes=\"(max-width: 300px) 100vw, 300px\">Planetary Resources did not reply to several requests for comment, and it\u2019s unclear what exactly the filing represents.<\/p>\n<p>Typically, these documents are filed when companies sell&nbsp;equity and bring on&nbsp;outside investors. That certainly may be the case here, but $20 million would be a drop in the bucket for a company with the kind of space exploration&nbsp;ambitions that Planetary Resources keeps talking about.<\/p>\n<p>The company, which was founded in Redmond, Wash. by space veterans Eric Anderson and Peter Diamandis in 2009, says it\u2019s pioneering a new trillion-dollar industry. It wants to capture near-earth astroids and mine them in space for valuable resources like gold, platinum and water.<\/p>\n<p>In May the U.S. House of Representatives passed a bill that clears the way for companies to keep whatever they find in space, and two months later Planetary Resources successfully launched its first test spacecraft into orbit.<\/p>\n<p>These are all major&nbsp;milestones, but it\u2019s still going to be a long \u2014 and expensive \u2014 journey to those lofty goals.<\/p>\n<p>We\u2019ve reached out to Planetary Resources for more information on this SEC filing and their fundraising plans. We will update as&nbsp;we hear more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Planetary Resources\u2019 chief asteroid miner Chris Lewicki at the GeekWire Summit 2014. Asteroid mining company Planetary Resources&nbsp;has raised $12 million in funding, according to an&nbsp;SEC filing&nbsp;on Wednesday. The company, which is backed by celebrity investors like Richard Branson, filmmaker James Cameron and Google executives Larry Page and Eric Schmidt, plans to sell a total of&nbsp;$20 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[259,4820],"class_list":["post-19587","post","type-post","status-publish","format-standard","hentry","category-news","tag-funding","tag-planetary-resources"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/19587"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=19587"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/19587\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=19587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=19587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=19587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}