Planetary Resources aims to be the leading provider of resources for people and products in space through its goal of identifying, extracting, and refining resources from near-Earth asteroids. The company has assembled a multi-national team of over 70 professionals, including technical staff members that have worked on every recent U.S. Mars lander (Spirit, Opportunity, and Curiosity), and other key non-aerospace and safety-critical disciplines. The company's first technology demonstration satellite, the Arkyd-3, was designed and built by the team, launched from Cape Canaveral in 2015, and deployed from the International Space Station. Also, the company successfully lobbied towards the passage of the U.S. Commercial Space Launch Competitiveness Act (H.R. 2262) which recognizes the right of U.S. citizens to own asteroid resources they obtain and encourages the commercial exploration and utilization of resources from asteroids. In 2016, the company announced a partnership with the Government of Luxembourg to advance the space resources industry. Planetary Resources opened an office in Luxembourg City and in 2017, Luxembourg’s Chamber of Deputies passed a law recognizing the right to space-based resources. The company completed launch readiness for their second technology demonstration spacecraft, the Arkyd-6, and is awaiting launch readiness by its launch provider. Planetary Resources completed the world’s first deep space exploration plan to analyze hydrated resources on asteroids and is working towards that mission today.

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