Two corporate venturing units are expected to join engineering, procurement, and construction specialist Bechtel, which invested in April.
Eric Anderson, co-founder of asteroid mining developer Planetary Resources, said at the Bloomberg Next Big Thing summit that the company is about to sign up two more corporate venturing investors.
They would join engineering, procurement, and construction specialist Bechtel, which invested in April.
Riley Bechtel, Bechtel executive chairman, said at the time of its investment: “Our companies share a common vision to continually innovate and push boundaries, all aimed at contributing to a better quality of life.”
Founded in 2009 by Anderson and Peter Diamandis, Planetary Resources is using the Arkyd-100 Series of space telescope missions to identify commercially-viable near-Earth asteroids containing raw materials, such as water and precious metals. It is financed by search engine provider Google’s founder Larry Page and its executive chairman, Eric Schmidt, and Ross Perot Jr, chairman of Hillwood and Perot Group.
