Asteroid-mining firm meets $1.26 million crowd-funding goal
(REUTERS) - A start-up asteroid mining firm that launched a crowd-funding campaign to gauge interest in a planned space telescope reached its US$1 million (S$1.26 million) goal, company officials said on Thursday.
Bellevue, Washington-based Planetary Resources intends to build and operate telescopes to hunt for asteroids orbiting near Earth and robotic spacecraft to mine them.
The company, whose financial backers include Google's founders, also envisions a companion educational and outreach programme to let students, museums and armchair astronomers make use of the first telescrope that Planetary Resources plans to build, called Arkyd.
Three weeks ago, Planetary Resources launched a crowd-funding initiative on Kickstarter to assess interest in the project and set a goal of raising US$1 million by June 30.