Connect with us

News

ConsenSys bought the space company Planetary Resources

Published

on

Ethereum-startup ConsenSys has acquired the space company Planetary Resources. The conditions, amount and objectives of the transaction were not disclosed.

Founded in 2009, Planetary Resources develops and introduces new technologies for the industrial development of asteroids. Not much is known about the company's activities. In 2014, Eric Anderson, one of the founders of Planetary Resources, announced that the company plans to extract water from asteroids. A year later, the space company sent its first satellite to the ISS.

"For nearly a decade, Planetary Resources has been a pioneer in the technology, legal, political, and business sectors at the same time, " commented Levitsky, CEO and president of Planetary Resources.

Also, under the terms of the deal, Chris Levitsky and the General Counsel of the company Brian Israel joined ConsenSys.

“Bringing space into the ConsenSys ecosystem reflects our belief in the potential of Ethereum to help humanity organize new public administration systems using automated trust and guaranteed performance, ” said ConsenSys founder Joseph Lubin.

Earlier, ConsenSys invested $ 6.5 million in a startup of ex-manager R3.

Subscribe to BlockchainJournal news in Telegram: BlockchainJournal Live – the entire news feed, BlockchainJournal – the most important news and polls.

<< aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

BlockchainJournal.news