1. The Asteroid Mining Company
Peter Marquez, Vice President for Global Engagement
March 2015
resources@planetaryresources.com
www.planetaryresources.com
resources@planetaryresources.com
www.planetaryresources.com
Peter Marquez
Vice President, Global Engagement
pmarquez@planetaryresources.com
@interplanetary
3. Challenge-1: PGM Scarcity & Pricing
PGM demand is going to triple in 30 years at constant PGM price
Air pollution from cars is
solvable by platinum-
intensive technologies
*US Dept of Energy funded study by TIAX. Scenarios based on 80% and 50% fuel cell vehicle market
penetration by 2050. http://www1.eere.energy.gov/hydrogenandfuelcells/pdfs/tiax_platinum.pdf
ABUNDANCE 360
PGM’s are
‘siderophilic’ (iron loving)
metals that sank to Earth’s
core during formation.
4. $2–3 Billion
Annual market today
ABUNDANCE 360
LEO
$4M / ton $20M / tonCost to reach GEO
GEO
Challenge-2: Fuel in Space is Expensive
x10
Expected growth
to $20-30 Billion in the
next 10 years
=
5. ABUNDANCE 360
Vision
Advancing Technologies open new frontiers, and
unlock access to resources once seen as “impossible”
to harvest economically:
Ø Hall-Heroult process ! Aluminum boom
Ø Hydraulic Fracturing ! Shale natural gas boom
Ø Deep-water Drilling! Deep sea oil boom
6. 6
Once the rarest metal on Earth,
was actually the most abundant.
(made accessible by technology in 1886)
Once inaccessible, information, education, and water are becoming abundant.
So will the resources of space.
7. ABUNDANCE 360
“State-of-the-Art”: $1 Billion Arkyd “Space Drone”: $5 Million
300,000 Part count
Workforce of 1,000 engineers
“One of a kind”, single craft
Uses Deep Space Network
300 Part count
Workforce of 40 engineers
Mass produced, swarm spacecraft
High bandwidth laser comm
>90% built in-house
Technology has a history of unlocking resources
Space Resources made accessible by Planetary Resources
8. Market – Why Asteroids? Why Now?
1. Our knowledge about asteroids is recent
2. 4,000 asteroids are closer than the Moon
3. Planetary has identified the best 11 asteroids
4. These asteroids are Trillion Dollar assets today
• Fuels
• Construction Metals
• Platinum Group Metals
ABUNDANCE 360
9. 1. Develop and demonstrate 4 key enabling
technologies;
2. Build a service-based company that is able to
serve near-term, robust markets;
3. Partner with key multinational companies to
claim the most valuable real-estate in the solar
system
ABUNDANCE 360
Planetary Resources’ Business Strategy:
10. PRI’s BOLD mission drives innovation in
four key technology areas:
ABUNDANCE 360
Laser
Communications
1
Multi&Functional,Optical,Subsystem,Enabling,Optical,Communication,on,Small,Satellites,
,
ARKYD,ASTRONAUTICS,,INC., , , Proposal,No:,T4.01&9919, ,
A,PLANETARY,RESOURCES,COMPANY, , , ,
Page,10,of,47,
, , , , , , , , , , , ,,,,,,Page,10,of,47,
Figure!2.4:!Arkyd!Optical!Communications!Testbed!Facility
Figure!2.5:!Testbed!Tip/Tilt!Assembly
Task!3:!Establish!proof@of@concept!for!ExoplanetSat@derived!stabilization!and!correction!concept!
Task,3,represented,the,keystone,of,the,Phase,I,work,effort,,and,combined,the,talents,of,both,Arkyd,and,
MIT,personnel,in,its,execution.,The,bulk,of,the,activity,centered,around,two,test,periods,,the,first,in,
October,2012,and,the,second,in,early,January,2013.,The,purpose,of,the,effort,was,to,demonstrate,that,
the,image,correction,algorithms,originally,created,for,ExoplanetSat,could,be,improved,in,accuracy,and,
correction,rate,sufficiently,to,be,relevant,to,a,deep,space,optical,communications,implementation.,
Based,on,an,assessment,of,the,required,pointing,precision,required,to,stabilize,a,downlink,
communications,signal,over,a,1,&,2,AU,interplanetary,distance,,the,following,success,criteria,was,
selected,to,evaluate,the,system’s,performance,against:
Autonomous Swarm
Software
3
3D Printed
Propulsion
4
Each of these four key Technology areas is able
to drive large, near-term revenues independent
of the Asteroid Prospecting.
Infrared
Sensors
2
No Deep Space Network; High
bandwidth
Reduction of 15,000 parts into
15 parts
Detection of water-ice
signature
Reliability in deep-space
11. PRI’s BOLD mission drives innovation in
four key technology areas:
Infrared
Sensors
2
ABUNDANCE 360
Laser
Communications
No Deep Space Network; High
bandwidth
1
Multi&Functional,Optical,Subsystem,Enabling,Optical,Communication,on,Small,Satellites,
,
ARKYD,ASTRONAUTICS,,INC., , , Proposal,No:,T4.01&9919, ,
A,PLANETARY,RESOURCES,COMPANY, , , ,
Page,10,of,47,
, , , , , , , , , , , ,,,,,,Page,10,of,47,
Figure!2.4:!Arkyd!Optical!Communications!Testbed!Facility
Figure!2.5:!Testbed!Tip/Tilt!Assembly
Task!3:!Establish!proof@of@concept!for!ExoplanetSat@derived!stabilization!and!correction!concept!
Task,3,represented,the,keystone,of,the,Phase,I,work,effort,,and,combined,the,talents,of,both,Arkyd,and,
MIT,personnel,in,its,execution.,The,bulk,of,the,activity,centered,around,two,test,periods,,the,first,in,
October,2012,and,the,second,in,early,January,2013.,The,purpose,of,the,effort,was,to,demonstrate,that,
the,image,correction,algorithms,originally,created,for,ExoplanetSat,could,be,improved,in,accuracy,and,
correction,rate,sufficiently,to,be,relevant,to,a,deep,space,optical,communications,implementation.,
Based,on,an,assessment,of,the,required,pointing,precision,required,to,stabilize,a,downlink,
communications,signal,over,a,1,&,2,AU,interplanetary,distance,,the,following,success,criteria,was,
selected,to,evaluate,the,system’s,performance,against:
Autonomous Swarm
Software
3
3D Printed
Propulsion
4
Reduction of 15,000 parts into
15 parts
Components &
Software
Space Situational
Awareness
Asteroid
Prospecting
Market: $100s Millions Market: $ Billions Market: $100s Billions
Space Sensor Drones
Market: $10s Billions
A B C D
These four technologies offer robust near-term markets for PRI:
Detection of water-ice
signature
Reliability in deep-space
12. Arkyd Technology/Launch Roadmap
Two Launches in 2015:
Arkyd-3: Q1 2015 Launch
Arkyd-6: Q3 2015 Launch
Arkyd-100: first deep-
space capable vehicle
2015
Core Tech Demos
2016
Instrument Capability
2017
Demo Asteroid Mission
Arkyd-200: deep-space
demonstration
2018
1st Customer Prospecting
Arkyd-300: First
prospecting and claim
ABUNDANCE 360
13. $ 100’s billions
$ 1’s billions
$300 million
$ 10’s billions
Harvest Best
Resources in Solar
System
Prospecting Data
to Claim Best Real
Estate in Space
Infrared Data and
Optical Relay
Low Cost Space
Systems
Company Valuation Growth
Phase I
(today)
Phase 2 Phase 3 Phase 4
ABUNDANCE 360
14. Eric Anderson
Co-Founder, Co-Chairman and CEO
Team
● The entrepreneur widely credited with starting the commercial
human spaceflight industry. As CEO and Co-founder of Space
Adventures, sold $700M in commercial spaceflights
● Served as Chairman of Commercial Spaceflight Federation
● Magna cum laude with a B.S. in Aerospace Engineering from the
University of Virginia
Peter Diamandis
Co-Founder and Co-Chairman
● Pioneer in the commercial space arena, having co-founded Space
Adventures, Zero-G and International Space University
● Chairman and CEO of the X PRIZE Foundation and the Executive
Chairman of Singularity University
● Engineering degrees from MIT, MD from Harvard
● Author of New York Times best seller ABUNDANCE
Chris Lewicki
President and Chief Engineer
● First JPL flight director under 30
● Led the two most successful missions to Mars in NASA’s history
● First driver of Spirit and Opportunity rovers
● Mission manager for the Phoenix Lander, a third half-billion dollar
mission to Mars
● NASA’s Highest Honor for Excellence, twice
● Asteroid 13609 Lewicki named in his honor
Chris Voorhees
VP of Spacecraft Development
● NASA JPL Lead Mechanical Engineer
● Curiosity Rover Chief Engineer
● Led team that assembled Spirit Mars Rover
● Designer of Spirit/Opportunity Mobility (wheels)
● Designer of first subsurface penetrator and soil drill for Mars
● NASA’s Exceptional Achievement Award
● NASA’s Exceptional Engineering Achievement Award
VP of Strategy
HBS/Stanford/McKinsey
Principal Mechanical Engineer
JPL Lead Integration Engineer
Principal Avionics Engineer
Intel Core i7 Architect
Frank Mycroft Peter Illsley Ray Ramadorai
Senior
Leadership
Peter MarquezJoe Landon
Chief Financial Officer
HBS / Boeing Satellites
VP of Global Engagement
US Space Policy Director
+ 30 top/world-class
engineering professionals
from JPL, Intel, SpaceX,
Google, and other silicon
valley companiesPrincipal Software Engineer
JPL Flight Software Engineer
Marc Allen
ABUNDANCE 360
15. H. Ross Perot, Jr
Hillwood Group Chairman
Charles Simonyi
Chief Architect, Microsoft
Larry Page
Google CEO
Eric Schmidt
Google Chairman
Ram Shriram
Google Founding Investor
Richard Branson
Virgin Group Chairman
3D Systems (DDD)
Avi Reichental, CEO
Additive manufacturing
spacecraft structures
Bechtel Corporation
Riley Bechtel, Chairman
Investing space as the next high-
growth construction market
VENTURE INVESTORS
STRATEGIC INVESTORS
ABUNDANCE 360
I see the same potential in Planetary Resources
as I did in the early days of Google.
—Ram Shriram
World Class Investor Team