Planetary Resources kickstarter furthers mission to make space exploration accessible to all

Ever wanted to visit an alien planet? The technology to “boldly go where no man has gone before” may not be here yet, but one cutting edge company wants to offer average citizens what it hopes is a close second – the opportunity to join the search for alien worlds.

New Stretch Goals from Planetary Resources  Photo Source: Kickstarter

New Stretch Goals from Planetary Resources
Photo Source: Kickstarter

Planetary Resources, an asteroid mining startup with high-profile backers like Google chairman Eric Schmidt and director James Cameron, launched a Kickstarter campaign last month seeking to raise $1 million to build the world’s “first publicly accessible space telescope.” The response has been so positive that the company has just announced a new “stretch goal” of $2 million to outfit the telescope to discover worlds beyond our solar system.

The company said that the new enhancements would allow “citizen scientists” to contribute to the important work of planet discovery, which faced a major setback after an equipment failure derailed NASA’s own planet discovery mission.

Founded in 2009 by Eric Anderson and Peter Diamandis, Planetary Resources’ primary objective is to harvest precious minerals from near-Earth asteroids. Some independent scientists questioned the economic viability of asteroid mining when the company unveiled its plans last year, but the entrepreneurs are determined to prove skeptics wrong. They plan to launch the company’s first satellite for asteroid exploration in 2014, called the Arkyd 100.

While the Kickstarter project is not directly related to mining, it leverages the Arkyd 100 technology. Furthermore, the project has generated considerable publicity for the startup and captured the imagination of space enthusiasts, raising over $200,000 in just the first day, according to Fox News.

“When we announced the company last April, we were shocked by the response,” Diamandis told PC Mag. “Many of those people wanted to know if they could use Arkyd to look for asteroids to study…So the first step we wanted to take was to make the Arkyd 100 available to the public.”

Those who contribute to the project will receive various benefits, depending on how much they donate. For $25, a contributor will receive a “space selfie” — his or her picture super-imposed on a photograph of the Earth from space taken by the telescope. For $200, a contributor will get 30 minutes of telescope time to explore the sky.

“Proceeds raised beyond the goal will allow for more access to classrooms, museums and science centers, and additional use by individual Kickstarter backers,” the company said on its website.

Planetary Resources reward - Source: Kickstater

Planetary Resources reward – Source: Kickstater

With more than two weeks left before the Kickstarter campaign ends and nearly $900,000 raised already, it appears likely Planetary Resources will meet its initial goal of $1 million. Whether the company can forge the path to a whole new solar system, however, remains to be seen.

 

[Source: David Winograd @ Huffington Post]

HEADLINE NEWS

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news [...]

Crowdfunding For French CastlesNPRYou too can own a French chateau, in part, anyway. Romain Delaume, CEO of Dartagnans, tells NPR's Scott Simon about a crowdfunding effort underway to preserve La Mothe-Chandeniers. SCOTT SIMON, HOST: What if I told you that for about $60, you cou [...]

ForbesCrowdfunding Do's And Dont's From iFundWomen's Karen CahnForbesDuring our conversation, she was transparent in sharing that her first software company, VProud, failed because she “did everything backwards” and spent too much time trying to perfect the product. “Pe [...]

VentureBeat10 reasons the $1 million crowdfunding cap should be $20 millionVentureBeatIt's been18 months since the final rule of the JOBS Act went into effect, allowing equity crowdfunding. In those 18 months, everything proponents of the rule said would happen (and none of what [...]

Small Business TrendsButcher Shop Startup Discovers Crowdfunding Magic Via IntuitSmall Business TrendsWhat startup entrepreneur hasn't dreamed of borrowing Cinderella's fairy godmother or Aladdin's genie to make their every wish come true? While they weren't necess [...]

The IndependentFrench Chateau bought by 10000 people through crowdfunding schemeThe IndependentIn countries where castles aren't snapped up by The National Trust and immediately furnished with a tearoom and gift shop, other ways must be found to preserve historical buildings. The [...]

Crowdfunding sites help Boulder County residents raise money to pay for treatmentsBoulder Daily CameraHer health insurance, once she reached the $2,000 deductible, covered most of the chemotherapy, but she has been receiving extra treatment at the Helios clinic in Boulder and is parti [...]

CurbedReal estate crowdfunding expands into more niche marketsCurbedTo those unfamiliar with real estate crowdfunding, the Fair-Haired Dumbbell development in Portland may be just the kind of wacky, esoteric project one envisions when imagining what happens when strangers pool funds o [...]

The Union LeaderSCORE Q&A: Creative ways to find fundingThe Union LeaderQuestion: I have invented a product that assists in training young ballplayers to hit a baseball. I lack the financial resources to develop and market the product, so I've been thinking about launching a [...]

http://www.innovationaus.com/Brakes on equity crowdfundinghttp://www.innovationaus.com/The government failed to pass amendments to the equity crowdfunding regime before the end of the year, meaning private companies won't be able to access the funding method until August next yea [...]

CFB Finance

Marketwired

  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |