Peter H. Diamandis: Planetary Resources

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description: Peter H. Diamandis is a co-founder of Planetary Resources, a company that aims to mine asteroids for precious metals

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Bold: How to Go Big, Create Wealth and Impact the World

by Peter H. Diamandis and Steven Kotler  · 3 Feb 2015  · 368pp  · 96,825 words

in the Dragon 2 capsule,15 Boeing currently 3-D prints over two hundred parts for ten different aircraft platforms,16 and my own company, Planetary Resources (more on Planetary later), is 3-D printing much of the spacecraft that will travel to and prospect near-Earth asteroids. And the financial impact

rarely the news in 2012 looks and sounds like you thought news would look and sound in 2012?” What Stewart was boom-booming about was Planetary Resources, Inc.,2 the asteroid-mining company I cofounded with Eric Anderson in 2009 and announced in 2012. Clearly, asteroid mining is a crazy science-fiction

, Zero-G, and Space Adventures Limited. It was thru the founding of Space Adventures3 that I teamed up with Eric Anderson, my future partner in Planetary Resources. Back in 1995, Anderson, a recent University of Virginia aerospace graduate, joined me as an intern to help develop a company to leverage the vast

. (1) Non-credible rollout; (2) credible rollout, non-credible performance; (3) credible rollout, super-credible performance; and (4) super-credible rollout. Source: Peter H. Diamandis Unless Planetary Resources was introduced to the world far above that line, clearly it would be dismissed out of hand. We needed to assemble a team that people

wanted a future that included private commercial space flight, so I launched the XPRIZE. I saw asteroid mining as a viable reality, so I cofounded Planetary Resources. #10: WHEN FACED WITHOUT A CHALLENGE—MAKE ONE! We humans are hardwired for challenge. This is why flow—the state of optimal human performance—shows

to raise the millions needed to fund the first XPRIZE the old-fashioned way. But it took just thirty-four days for me and the Planetary Resources team to crowdfund the $1.5 million to underwrite the launch of the ARKYD space telescope (a story we’ll come back to in a

enormous passion and the right partners can make all the difference. The final example is the ARKYD Space Telescope, a campaign run by my company Planetary Resources, which helped us start and forge an enormously passionate community of space enthusiasts—generating the kind of support that is absolutely required by this kind

a Goddam Museum.” Case Study 3: The ARKYD Space Telescope—Access for Everyone When Eric Anderson, Chris Lewicki, and I launched our asteroid mining company Planetary Resources, we knew we needed a powerful community behind us. When you’re doing something as radical as asteroid mining, having a group of passionate supporters

. Our goal was to raise $1 million—enough money to launch the telescope into orbit (the actual cost of the telescope was being covered by Planetary Resources). Within the first two days, we’d raised close to $500,000. Our Vanguards proved invaluable, spreading the word and pushing the movement forward. Thirty

$100,000. In the case of the ARKYD Space Telescope campaign, the cost of building and launching the space telescope was roughly $3 million, but Planetary Resources set a goal of $1 million, with the expectation that these funds would at least help offset launch costs. The objective here is to figure

perks offer rewards that customers would not be able to purchase under any other circumstances, meaning they’re unique, exclusive, and authentic to your campaign. Planetary Resources’s “space selfie” was something you couldn’t purchase elsewhere, had never before been attempted (hence unique), and best of all, was digital—which meant

stayed similar throughout the campaign, helping us scale quickly. Second, sweat the small stuff. Web comic artist Matthew Inman, aka the Oatmeal, became one of Planetary Resources’s biggest affiliates. He donated $10,000 of his own money and drove an immense amount of traffic to the campaign because he saw a

you will be. Resources. It is easy to underestimate the costs associated with running a crowdfunding campaign, in terms of both time and money. At Planetary Resources, once we pulled the trigger on the campaign, we spent four solid months extensively planning, organizing, and strategizing. Costs incurred during the campaign included advertising

the willing—willing, that is, to do what the affiliate asks when he or she asks. When we started planning for the ARKYD launch at Planetary Resources, we thought science museums would be our best partners, so we went out and built a coalition of five top science centers. We were wrong

friends about your launch. It’s very important to build your mailing list and social following in the months before launch. In the case of Planetary Resources, we put up a splash page on the website asking people to join our mission and give us their name and email. Eric Migicovsky cultivated

back in the day), money. Get creative. Activists. Activists are those avid supporters who want to do substantial and significant work for the campaign. For Planetary Resources, we created an army of core supporters we called our vanguards. To get this moving, a few months before the campaign, we sent an email

million. And then Galaxy Zoo became a smorgasbord of citizen-science projects, now hosted at Zooniverse. Want to explore the surface of the Moon? Join Planetary Resources and NASA to find near-Earth-approaching asteroids for potential mining? Model climate change through the centuries using historic ship’s logs? Help researchers understand

in astronomy, and Galaxy Zoo was the only game in town. We saw something similar with Asteroid Zoo—the Zooniverse-hosted collaboration between my company, Planetary Resources, and NASA to use humans to identify new, never-before-detected asteroids, which, in turn, will create a rigorous dataset from which we can train

desires. For starters, getting a vibrant DIY community up and running isn’t going to happen overnight. Moreover, people are attracted to big visions. When Planetary Resources attracted our Vanguards (essentially the foundation of our community), it wasn’t because they were excited to help us build a new telescope. They were

University (SingularityU.org), a Silicon Valley–based institution backed by Google, 3-D Systems, and NASA. He is cochairman of Planetary Resources, Inc. and the cofounder of Human Longevity, Inc. Dr. Diamandis attended MIT, where he received his degrees in molecular genetics and aerospace engineering, and Harvard Medical School, where he received his

-project-is-fully-funded_n_3587814.html. 7 AI with Joshua Klein, 2013. 8 Dan Leone, “Planetary Resources Raises $1.5M for Crowdfunded Space Telescope,” Space.com, July 14, 2013, http://www.space.com/21953-planetary-resources-crowdfunded-space-telescope.html. 9 For a good breakdown of these rules, please see http://www.cfira

; Kodak Corporation Pink, Daniel, 79 Pishevar, Shervin, 174 pitch videos, 177, 180, 192, 193, 195, 198–99, 203, 212 Pivot Power, 19 Pixar, 89, 111 Planetary Resources, Inc., 34, 95, 96, 99, 109, 172, 175, 179, 180, 186, 189–90, 193, 195, 201–3, 221, 228, 230 Planetary Society, 190, 200 Planetary

The Future Is Faster Than You Think: How Converging Technologies Are Transforming Business, Industries, and Our Lives

by Peter H. Diamandis and Steven Kotler  · 28 Jan 2020  · 501pp  · 114,888 words

Peter H. Diamandis is a New York Times bestselling author and the founder of more than fifteen high-tech companies. He is the CEO of the XPRIZE and executive chairman of Singularity University, a Silicon Valley–based institution backed by Google, 3-D Systems, and NASA. He is cochairman of Planetary Resources, Inc

The New Gold Rush: The Riches of Space Beckon!

by Joseph N. Pelton  · 5 Nov 2016  · 321pp  · 89,109 words

into the hands of those willing to risk, willing to fail, willing to follow the dreams.” (Dr. Peter H. Diamandis, chairman of the X-Prize Foundation and CEO of the company Planetary Resources.) Of course this twenty-first century breakthrough that we call the New Space economy will not come just from new

eyes turned skyward, for there you have been, and there you will always long to return.” The founder of the X-Prize and of Planetary Resources, Inc., Dr. Peter Diamandis, has much more brashly said much the same thing in quite different words when he said: “The meek shall inherit the Earth. The

of totally new jobs for the millennials and even a redefinition of wealth. Today there are only a small number of people now working at Planetary Resources, Deep Space Industries or Shackleton Energy. These young and enterprising people are focused on ways to mine important resources available in outer space that might

industrial practices that exploited resources and the ecology rather than the potential of human intelligence and astral abundance. If one goes to the website of Planetary Resources, Inc., you are met with the following evocative message: “We dare you to change the course of humanity with us.” Peter D. certainly never thinks

hope to realize a significant economic return from exploiting rare earth minerals, platinum-rich asteroids and new energy sources such as helium-3. The enterprising Planetary Resources Ltd. was able to raise $1 million from crowd sourcing for their Arkyd space telescope that will seek out promising near-Earth asteroids that could

with the Outer Space Treaty of 1967 to which more than 100 countries are members. While such issues are being considered in the United Nations, Planetary Resources Ltd. forges ahead to cope with the problems they feel technically competent to address (Fig. 1.4). Fig. 1.4Arkyd’s small space telescope is

used to locate promising near-earth asteroids (Image courtesy of Planetary Resources Ltd .) Keys to the Era of Astral Abundance But what the commercial space explorers and entrepreneurs must ultimately do is more than answer the questions

good ways to go. Currently there are four companies that are pursuing space mining and they are all U. S.-based. These startup companies are Planetary Resources, Inc., Deep Space Industries, Shackleton Energy and Moon Express. But these are not your typical startups operating out of a garage. These companies have some

serious names behind them. Billionaire Naveen Jain is the co-founder and chairman of Moon Express and the former president of Infospace. Planetary Resources started with billionaire backers that included Ross Perot, Jr., Google Chief Executive Officer Larry Page and Chairman Eric Schmidt, and former Goldman Sachs Group Inc

of deuterium and tritium available from “heavy water” that is obtainable here on Earth. One leading space mining zealot, Peter Diamandis, has yet another slant on space mining. He says that Planetary Resources’ Akyrd-3R probe will be seeking out asteroids that contain not only water and volatiles that could be used for

the “dos” and “don’ts” that will ultimately apply to such activities. Clearly the U. S. firms discussed earlier (Deep Space Industries, the Moon Express, Planetary Resources Inc., and the Shackleton Energy Company) are heartened by the passage and enactment into law of the Commercial Space Act of 2015. This new law

invent it. Enterprises such as Deep Space Industries, Planetary Resources, SpaceX or Bigelow Aerospace are actually intent on developing the technology to create a new off world reality and invent space habitats in which people can live for extended periods of time. When Peter Diamandis said: “The meek shall inherit the world. The

to give space cadets a vicarious thrill. Some of these space enthusiasts, however, bridge the gap. Movie director James Cameron is actually a backer of Planetary Resources Inc. Most of these visionary commercial space industrialists and engineers, though, are pragmatically seeking to design systems that are cost effective and viable components for

at least some people think that such enterprises can be viable in the not too distant future. Two companies, namely Deep Space Industries (DSI) and Planetary Resources Inc. (PRI) are developing deep space explorers to find asteroids to mine. Two other companies, namely Moon Express and Shackleton Energy, are focused on mining

of four companies aspiring to engage in space mining and recovery of resources from space. The four U. S.-based companies are Deep Space Industries, Planetary Resources, Inc., Moon Express, and Shackleton Energy Company. All have different business plans and are pursuing their aspirations via new types of technology. Two of these

processing and manufacturing Space mining “abiotic” resources Akyrd-3R probe asteroids DSI helium-3 isotopes international standards and controls legal status licensed authorization moon NEA Planetary Resources safety and legal liability Shackleton Energy smart robots U. S. Commercial Space Launch Competitiveness Act of 2015 U. S. regulatory actions Space Mission Planning Advisory

Beyond: Our Future in Space

by Chris Impey  · 12 Apr 2015  · 370pp  · 97,138 words

In 1997, scientists estimated that a metallic asteroid a mile across contains $20 trillion of precious and industrial metals. Peter Diamandis, the X Prize guru who founded the extraterrestrial mining company Planetary Resources in 2012, has estimated that even a tiny, 100-foot-long asteroid holds as much as $50 billion worth of

, 229, 230, 231 photosynthesis, as biomarker, 217 pigs, 250 Pinker, Steven, 16 Pioneer probes, 50, 51–52 piracy, 24 Pitcairn Island, 202 planetary engineering, 172 Planetary Resources, 156 planetary science, 51–52, 176 Planetary Society, 184 planets: exploration of, 49–53 formation of, 156 plate techtonics, 132, 241 play, imagination in, 10

The Case for Space: How the Revolution in Spaceflight Opens Up a Future of Limitless Possibility

by Robert Zubrin  · 30 Apr 2019  · 452pp  · 126,310 words

is so enormous that several start-ups have already been formed with the goal of pursuing the opportunity for profit. Among the leaders are Planetary Resources, begun by Peter Diamandis, Eric Anderson, and Chris Lewicki with backing by several Google magnates and other high rollers, and Deep Space Industries, founded by veteran space

obtainable in the future would increase, thereby expanding the financial resources available and accelerating space development even more. The leaders and backers of companies like Planetary Resources and Deep Space Industries need to lobby hard to obtain legislation that would set up a legal regime for space property claims of this sort

–37 Pioneer Astronautics, 37, 55, 92, 147–48 Pioneer Energy, 148 Pioneer 10 and 11 missions, 152, 166 planetary protection against alien organisms, 119–23 Planetary Resources, 138–39, 140 Planetary Society, 197, 332 planetoids, 125 plasma, 84, 85, 202–203, 208, 291 and antimatter, 193, 194 and fusion, 85–86, 159

How to Make a Spaceship: A Band of Renegades, an Epic Race, and the Birth of Private Spaceflight

by Julian Guthrie  · 19 Sep 2016

application of exponential technologies and operates globally. Most recently Peter has cofounded two new companies that continue his duality between space and medicine. The first, Planetary Resources, Inc., is building deep-space drones for the prospecting of asteroid resources (as well monitoring terrestrial agricultural and energy resources). The second, Human Longevity, Inc

Rocket Billionaires: Elon Musk, Jeff Bezos, and the New Space Race

by Tim Fernholz  · 20 Mar 2018  · 328pp  · 96,141 words

Virgin Galactic. One engineer, Chris Lewicki, would go on to spend a decade at NASA’s Jet Propulsion Lab before founding the space mining company Planetary Resources. Other engineers on the team would be key early employees at Blue Origin or SpaceX. When BlastOff’s mission timeline was revealed—a moon landing

, 121, 137 Orlando Sentinel, 142 P; PayPal, 2, 18, 45, 66 Pegasus, 235 Peregrine vehicle, 242 Pettit, Donald, 149, 157–58, 164 PICA-X, 156 Planetary Resources, 56 Planetary Society, 124 Powell, Colin, 75 Pratt & Whitney Rocketdyne, 140 Putin, Vladimir, 10, 181, 183, 185 Q; Qualcomm, 51, 234 R; Ramon, Ilan, 73

Fully Automated Luxury Communism

by Aaron Bastani  · 10 Jun 2019  · 280pp  · 74,559 words

Luxembourg had already begun to create the legal frameworks for asteroid mining companies to base themselves in the Duchy, an offer quickly taken up by Planetary Resources – a company looking to establish itself as a key player in the industry. This flurry of rhetoric, lobbying and legal activity should be expected. After

, we stand on the brink of a paradigm shift in resources. Some see that as a route to fantastic personal wealth. As Peter Diamandis, co-founder of Planetary Resources put it, ‘I believe the first trillionaires will be made in space and the resources that we’re talking about are multi-trillion-dollar

less, of which around 1 per cent have been discovered. Whether it’s Moon Express prospecting the Earth’s only moon before moving on, or Planetary Resources sizing up NEAs, the potential abundance of off-world mineral wealth almost escapes comprehension. One estimate claims that a platinum-rich asteroid measuring 500 metres

space exploration, it is the private sector which is looking to reap the benefits. The leading actors in this embryonic field – Deep Space Industries and Planetary Resources – have chosen to adopt a similar approach to one another, focusing on prospecting asteroids through a mix of low-cost satellite technology and landers. DSI

have developed what they call the Xplorer while Planetary Resources have a strikingly similar architecture which goes by the name of Arkyd. With local fuel generation and mining some way off, the aim with this

– see the rapid development of the Atlas robot – an outline for the necessary technologies begins to emerge. Once the likes of Deep Space Industries and Planetary Resources have prospected and claimed asteroids, and perfected methods to produce propellant from available ice, the industry will move from viable to profitable. This will be

and platinum than expected? Between that and the immense costs required, specifically in robotics, it is difficult to see how nimble actors like DSI and Planetary Resources will fare when the likes of SpaceX and Blue Origin will have more developed technology and far greater capital to risk. Nevertheless, all of these

rarity. But it demonstrates a crucial point: mining space would create such outlandish supply as to collapse prices on Earth. In August 2017 Peter Diamandis, co-founder of Planetary Resources, asked Blue Origin’s Erika Wagner who would win in a fight between her boss, Jeff Bezos, and Elon Musk. ‘So, Peter, let

refusing to take SpaceX public – so that others can get rich. What is more, once the shareholder model is applied to companies like DSI and Planetary Resources, and their inevitable competitors, the emphasis will be on the rate of return rather than social progress. As we’ve already seen with information in

the Madrid Protocol, the Treaty would appear to necessitate an international body to ensure the fair distribution of wealth before private entities, like DSI and Planetary Resources, can take a thing. Indeed, President Eisenhower alluded to precisely that when, addressing the United Nations in September 1960, he proposed the world ‘press forward

to Upgrade Dalmatians Ends Up in the Doghouse’. MIT Technology Review, 1 February 2017. ‘Space Act Of 2015 Passes in the House (H.R. 2262)’. Planetary Resources, 14 July 2015. ‘Wisconsin Board Clears Way For $3 Billion Foxconn Deal’. Reuters, 8 November 2017. Part I. Chaos under Heaven 1. The Great Divide

vehicles, 105 phenylketonuria (PKU), 147, 147n Philips, 77–8 phosphorus, 118 photography, 402 photosynthesis, 168 photovoltaic (PV) cells, 47, 102–15 PKU (phenylketonuria), 147, 147n Planetary Resources, 129, 130, 132, 135, 136–7 Podemos party, 27–8, 30 political transformation, vehicles for, 194 politics of anti-austerity, 201 of energy transition, 218

Tomorrowland: Our Journey From Science Fiction to Science Fact

by Steven Kotler  · 11 May 2015  · 294pp  · 80,084 words

Schmidt, and Virgin founder Sir Richard Branson — Peter Diamandis, creator of the XPRIZE, alongside Eric Anderson, CEO of Space Adventures Ltd. (the private space tourism company that flew Stephen Hawking into zero-G and sent billionaire Dennis Tito to the International Space Station), announced Planetary Resources Inc. (PRI), a newly formed asteroid mining

platform is a lot harder.” And, suddenly, Houston, we have proof of concept. 3. So what will this concept look like in our lifetime? Already, Planetary Resources has raised over $1.5 million to help launch the ARKYD 100 space telescope, which is specifically designed to hunt for near-Earth asteroid mining

pheromone bombs, 241 phone phreakers, 235 phosphenes, 64–65 phosphorus, 150 phosphorus pollution, 90–91 pilots, out-of-body experiences in, 40–42, 46–47 Planetary Resources Inc. (PRI), 145 platinum-group metals, 150 Pliny the Elder, 133 Pohl, Frederik, 27 polio genome, 233 pollution, 81, 83, 89, 90–91 from burning

Future Crimes: Everything Is Connected, Everyone Is Vulnerable and What We Can Do About It

by Marc Goodman  · 24 Feb 2015  · 677pp  · 206,548 words

continues, particularly with private companies like Elon Musk’s SpaceX and Richard Branson’s Virgin Galactic commercializing space transportation. Another space company, Planetary Resources, founded in 2012 by Peter Diamandis and Eric Anderson, intends to bring the natural resources of space to within humanity’s reach by landing robots on asteroids and mining

The Space Barons: Elon Musk, Jeff Bezos, and the Quest to Colonize the Cosmos

by Christian Davenport  · 20 Mar 2018  · 390pp  · 108,171 words

Trees on Mars: Our Obsession With the Future

by Hal Niedzviecki  · 15 Mar 2015  · 343pp  · 102,846 words

The End of Astronauts: Why Robots Are the Future of Exploration

by Donald Goldsmith and Martin Rees  · 18 Apr 2022  · 192pp  · 63,813 words

Five Billion Years of Solitude: The Search for Life Among the Stars

by Lee Billings  · 2 Oct 2013  · 326pp  · 97,089 words

Seasteading: How Floating Nations Will Restore the Environment, Enrich the Poor, Cure the Sick, and Liberate Humanity From Politicians

by Joe Quirk and Patri Friedman  · 21 Mar 2017  · 441pp  · 113,244 words

Live Work Work Work Die: A Journey Into the Savage Heart of Silicon Valley

by Corey Pein  · 23 Apr 2018  · 282pp  · 81,873 words

Everything for Everyone: The Radical Tradition That Is Shaping the Next Economy

by Nathan Schneider  · 10 Sep 2018  · 326pp  · 91,559 words

Exponential Organizations: Why New Organizations Are Ten Times Better, Faster, and Cheaper Than Yours (And What to Do About It)

by Salim Ismail and Yuri van Geest  · 17 Oct 2014  · 292pp  · 85,151 words

Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers

by Timothy Ferriss  · 6 Dec 2016  · 669pp  · 210,153 words

Mission to Mars: My Vision for Space Exploration

by Buzz Aldrin and Leonard David  · 1 Apr 2013  · 183pp  · 51,514 words

Frugal Innovation: How to Do Better With Less

by Jaideep Prabhu Navi Radjou  · 15 Feb 2015  · 400pp  · 88,647 words