Larry Page-backed asteroid mining company launches CubeSat with experimental water detection tech

Planetary Resources, the space mining company backed by Google’s Larry Page and Braintree founder Bryan Johnson, has taken another step in its quest to actually mine resources from asteroids and other planetary bodies.

The company successfully launched its Arkyd-6 CubeSat, which is holding an experimental technology designed to detect water resources in space.

Planetary Resources is already receiving telemetry from the spacecraft, and the company believes that the experimental technology is a critical stepping-stone for it to develop its next spacecraft platform the Arkyd-301. That technology is what Planetary Resources will use to launch its space resource exploration in earnest the company said.

The company’s plans for space mining have been met with skepticism (and some amount of ridicule), with many terrestrial analysts claiming that the company’s costs far outweigh any benefits that could arise from mining asteroids.

Indeed, in the company’s earliest days it made money by launching satellites that were used to monitor and collect data on earthly rather than planetary resources. The launch continues that trend, but with an important twist, the company claims.

“If all of the experimental systems operate successfully, Planetary Resources intends to use the Arkyd-6 satellite to capture MWIR images of targets on Earth’s surface, including agricultural land, resource exploration regions, and infrastructure for mining and energy,” said Chris Voorhees, the chief engineer of Planetary Resources. “In addition, we will also have the opportunity to perform specific celestial observations from our vantage point in low Earth orbit. Lessons learned from Arkyd-6 will inform the company’s approach as it builds on this technology to enable the scientific and economic evaluation of asteroids during its future Space Resource Exploration Mission.”

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