A delay in funding from February 2018 forced Planetary Resources to lay off some of its 70 employees.
Planetary Resources had planned on using several small spacecraft, launched as secondary payloads in 2020, fly to near-Earth asteroids to measure their water content. The funding issue will delay that mission.
Planetary Resources is reconsidering its reliance on a venture-funded model.
There are financing approaches used in terrestrial mining, such as special purpose vehicles, but Chris Lewicki noted that those rely on secured mineral rights that don’t exist for extraterrestrial bodies. Chris considering blockchain for space mining rights.
Nextbigfuture interprets this to mean possibly using tokens or ICOs.
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.