Revised: July 10, 2016


Planetary Resources Surpasses US $1.5 Million to Launch Worlds First Crowdfunded Space Telescope

Achievement marks most successful Kickstarter for a space project and ranks among Top 25 campaigns in Kickstarter history

Plus, Sir Richard Branson joins Planetary Resources core group of investors


Planetary Resources, Inc., the asteroid mining company, successfully completed its crowdfunding campaign yesterday to launch ARKYD — the world's first public space telescope. Over the course of the 33-day campaign, the company generated support from more than 17,600 backers who pledged US$1,505,366 for the cause. This marks the most successful crowdfunding effort for a space project and ranks the ARKYD campaign among the top 25 projects in Kickstarter history.






"We're excited that the first public-use orbiting space telescope, the ARKYD, is a go for launch. Because of the 17,000+ people who backed this project through our Kickstarter campaign, we're going to put a new tool for education and exploration into the hands of researchers, students and teachers," said Peter H. Diamandis, M.D., Co-Founder and Co-Chairman of Planetary Resources, Inc.

Chris Lewicki, President and Chief Engineer, Planetary Resources, Inc. said, "As the Flight Director for the NASA's Spirit and Opportunity Mars rover missions, and Mission Manager for the Mars Phoenix lander surface operations, I know first-hand the spectacular experience of exploring space. I'm incredibly excited to share this experience with students and citizen scientists everywhere."


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