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Planetary Resources

Planetary Resources was a Seattle-area startup focused on asteroid mining and Earth observation in the space exploration, mining, and...

Facts

HQ
Redmond, Washington, USA
Sectors
Space, Aerospace, Earth observation, Asteroid mining
Stage
null
Total raised
$34.8M SEC Form D filings Total of this company's SEC Form D filings
Last round
$34.8M · Oct 2015 SEC Form D

Frank Mycroft

Frank Mycroft is the co-founder and CEO of Booster, the leading mobile energy delivery platform that delivers fuels including renewables to fleets and consumers in the U.S. Prior to Booster, Mycroft worked as a rocket scientist for NASA and Boeing. He also served as the Vice President of Strategy for Planetary Resources, a robotics company that aspired to mine asteroids in space. Mycroft and colleagues Tyler Raugh and Diego Netto founded Booster Fuels in 2014. See omnystudio.com/listener for privacy information.

Booster Fuels launches public mobile gas service at three Seattle Safeway lots, first in Washington

Booster Fuels has begun offering mobile gasoline service to the general public at three Safeway parking lots in the Seattle area, marking the first consumer-facing deployment of its trucks in Washington state. Customers pay by smartphone while a Booster employee refuels vehicles, with prices tied to nearby station averages and no immediate expansion plans announced.

GeekWire 200 update: Remitly No. 3 as proposed IPO looms; Hootsuite debuts No. 6, Convoy rises to No. 7

GeekWire updated its GeekWire 200 list highlighting Pacific Northwest private tech startups amid record investment and M&A activity, with trends toward virtual experiences, at-home healthcare, remote education, and e-commerce. Notable rankings: Remitly at No. 3 (last valued $1.5B, proposed IPO), Hootsuite debuted at No. 6, Convoy rose to No. 7 (valued $2.75B in 2019), and Fabric jumped 26 spots to No. 95.

Xplore opens 22,000‑sq ft satellite manufacturing facility in Redmond, to start production in June

Xplore has leased a 22,000-square-foot satellite manufacturing facility in Redmond, Washington, in the former Planetary Resources complex and will begin moving in June to produce ESPA-class XCraft and LightCraft spacecraft. The company plans to build up to 20 spacecraft per year for commercial customers and U.S. agencies including NASA, NOAA, the Space Force and Air Force.

Planetary Resources’ Lab Gear, Including 10‑Foot Vacuum Chamber and CNC Machine, Auctioned After 2018 Shutdown

Planetary Resources’ remaining hardware — including a 10-foot thermal vacuum chamber, CNC machining center, laptops, chairs and a rooftop satellite dish — was sold in an online-only auction after the asteroid-mining startup ran out of funding. Bids ranged from about $730 for the vacuum chamber to over $34,000 for the CNC machine, while the satellite dish drew no bids due to costly removal requirements.