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Planetary Resources auction put on hold

21 Aug 2018, 03:49 UTC
Planetary Resources auction put on hold
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News Brief: This month’s scheduled sale of hundreds of items from Planetary Resources’ headquarters in Redmond, Wash., has been postponed, according to a website notice by the auctioneer, James G. Murphy & Co. The financially strapped asteroid mining company had planned to sell off laptops, machine tools and other pieces of equipment that were deemed unnecessary due to downsizing. Planetary Resources’ president and CEO, Chris Lewicki, told GeekWire earlier this month that he and his team “continue to work on our updated plans and hope to be able to share some more detailed updates soon.” It’s not clear whether the auction postponement is related to the company’s updated plans, but we’ve made inquiries and will update this item with anything we hear back.

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