ConsenSys Acquires Planetary Resources
【Published by Ling Yu Han (凌郁涵)】
Blockchain venture production studio ConsenSys, Inc. has acquired the pioneering space company Planetary Resources, Inc. through an asset-purchase transaction. However, ConsenSys did not disclose more specific acquisition details.
Founded in 2009 and formerly known as Arkyd Astronautics, Planetary Resources is supposedly engaged in the exploration, extracting and refining of resources from asteroids. The company, which reportedly has over 30 investors and has raised more than $50 million in investments, has sent two satellites into orbit over the last six months.
Per the recent announcement, Planetary Resources has been acquired by ConsenSys to bring “deep space capabilities” into the ConsenSys ecosystem. Planetary Resources’ President and CEO Chris Lewicki and Counsel Brian Israel have joined ConsenSys following the acquisition.
After the acquisition, Planetary Resources President and CEO Chris Lewicki and consultant Brian Israel joined ConsenSys. Before joining Planetary Resources, Lewicki was employed by NASA’s Jet Propulsion Laboratory as Flight Director of the Spirit and Opportunity Mars rovers and Phoenix Mars lander.
ConsenSys Founder Joe Lubin said that “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.”
In a statement, Lewicki said he was “proud of our team’s extraordinary accomplishments,” and thanked the company’s past supporters. Going forward, Planetary Resources will continue its work “to expand humanity’s economic sphere of influence into the solar system.”
“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,” he added.
In July, ConsenSys signed a Memorandum of Understanding (MoU) with China’s Xiongan New Area government to bring blockchain technology to the “smart city.” The company will advise the Xiongan government on blockchain and software solutions in order to establish it as a “next generation smart city [and] leading blockchain innovation hub.”
■ Source: cynes
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