Planetary Resources - About the company
Planetary Resources is an acqui-hired company based in Redmond (United States), founded in 2010 by Peter Diamandis. It operates as a Satellite and space-craft manufacturers for asteroid mining and space exploration. Planetary Resources has raised $49.6M in funding from OS Fund. The company has 116 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like Thales, Astroscale and Fleet Space.
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.
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Key Metrics
Founded Year
2010
Location
Redmond, United States
Stage
Acqui-Hired
Total Funding
in 5 rounds
Latest Funding Round
Investors
Ranked
10th among 116 active competitors
Employee Count
as on Dec 31, 2017
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Planetary Resources's funding and investors
Planetary Resources has raised a total funding of $49.6M over 5 rounds. Its first funding round was on Apr 18, 2012. Its latest funding round was a Series A round on Nov 15, 2016 for $34.8M. 8 investors participated in its latest round, which includes , Sherpalo Ventures, Vast Ventures and Hemisphere Ventures.
Planetary Resources has 18 institutional investors including OS Fund, and . Panos Papadopoulos is only Angel Investor in Planetary Resources.
Here is the list of recent funding rounds of Planetary Resources:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Nov 15, 2016 | $34.8M | Series A | 6491965 | 7982517 | OS Fund, Space Angels, and |
Nov 03, 2016 | $13.3M | Series A | 3642708 | 8359291 | |
Nov 03, 2016 | $14.4M | Grant (prize money) | 1493136 | 2656047 |
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Planetary Resources's founders and board of directors
The founders of Planetary Resources is Peter Diamandis. Peter Diamandis has founded 9 more companies including Human Longevity, SingularityHub and Bold Capital Partners.
View details of Planetary Resources's Founder profiles and Board Members
Planetary Resources's employee count trend
Planetary Resources has 49 employees as of Dec 17. The total employee count is 3.9% lower than what it was in Dec 16. Here is Planetary Resources's employee count trend over the years:
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Top competitors of Planetary Resources include Thales, Astroscale and Fleet Space. Here is the list of Top 10 competitors of Planetary Resources, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | AI-based software suites for navigation applications | - | VentureTech Alliance, Ìý&²¹³¾±è;Ìý | 86/100 | |
2nd | Astroscale 2013, Sumida City (Japan), Public | Developer of satellite solutions for space debris removal | $384M | , Mitsubishi UFJ CapitalÌý&²¹³¾±è;Ìý | 71/100 |
3rd |  Fleet Space 2018, Adelaide (Australia), Series D | Developer of satellite-based IoT connectivity and communication services | $167M | Ontario Teachers' Pension Plan, In-Q-TelÌý&²¹³¾±è;Ìý | 57/100 |
4th | Provider of space research services | - | 56/100 | ||
5th | Provider of an AI-powered visual IoT platform for real-time processing at the network edge | $5.27M | Dolby Family Ventures, SeraphimÌý&²¹³¾±è;Ìý | 51/100 | |
6th | Search and application of satellite technology | $7.37M | Bridge Capital, QF CapitalÌý&²¹³¾±è;Ìý | 50/100 | |
7th | Provider of solutions to extract and utilize metals and oxygen for future space exploration | $6M | Rhodium, MetaplanetÌý&²¹³¾±è;Ìý | 47/100 | |
8th |  TransAstra 2015, Los Angeles (United States), Funding Raised | Developer of satellites and space equipment | - | Lucas Venture Group, Soma CapitalÌý&²¹³¾±è;Ìý | 45/100 |
9th | European Satellite Services Provider 2001, Toulouse (France), Funding Raised | Provider of satellite services | - | 45/100 | |
10th | 2010, Redmond (United States), Acqui-Hired | Satellite and space-craft manufacturers for asteroid mining and space exploration | $49.6M | , Sherpalo VenturesÌý&²¹³¾±è;Ìý | 44/100 |
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Planetary Resources's Investments and acquisitions
Planetary Resources has made no investments or acquisitions yet.
Reports related to Planetary Resources
Here is the latest report on Planetary Resources's sector:
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News related to Planetary Resources
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New Big Future•Jul 02, 2018•Planetary Resources
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New Big Future•May 02, 2018•Planetary Resources
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Aero-News Network•Feb 21, 2018•Planetary Resources
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Aerospace Technology•Jan 26, 2018•Planetary Resources
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The USA Feed•Jan 12, 2018•Planetary Resources
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NewAtlas•Jan 06, 2018•Planetary Resources
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New Big Future•Nov 13, 2017•Planetary Resources
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Planetary Resources
When was Planetary Resources founded?
Planetary Resources was founded in 2010.Where is Planetary Resources located?
Planetary Resources is located in Redmond, United States.When was the latest funding round of Planetary Resources?
Planetary Resources's latest funding round was on Nov 15, 2016.What is the annual revenue of Planetary Resources?
Annual revenue of Planetary Resources is undefined as on undefined.Our Lite Plan Awaits you - Its Free!
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