ConsenSys Space was a blockchain venture that aimed to apply Ethereum blockchain technology to space-related challenges, particularly in the area of space sustainability. Following ConsenSys's acquisition of Planetary Resources, ConsenSys Space developed TruSat, an open-source satellite tracking tool designed to improve transparency and accountability in orbital operations. While ConsenSys Space suspended its operations in 2020, the TruSat project was transitioned to a community-led open-source project, and ConsenSys made Planetary Resources' intellectual property available to the public.
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U.S. company Planetary Resources launched several technology demonstrators before encountering financial difficulties and was acquired by ConsenSys, Inc. in 2018.
The Secure World Foundation and the University of Texas plan to cooperate with ConsenSys Space on TruSat.
ConsenSys Space was established by blockchain company ConsenSys after it acquired Planetary Resources nearly a year before the TruSat rollout.
ConsenSys Space plans to use TruSat and its blockchain technology for other space applications as part of broader efforts to build collaboration platforms to democratize, diversify, and decentralize space endeavors.
The Luxembourg government, through SpaceResources.lu, invested 12,000,000 EUR in Planetary Resources in 2016 and lost nearly all of that investment when Planetary Resources was purchased by ConsenSys.
Planetary Resources was acquired by ConsenSys in October 2018.
Planetary Resources was acquired by ConsenSys a little more than two months before Bradford Space acquired Deep Space Industries.
Planetary Resources was being acquired by ConsenSys, a blockchain technology company, as of 2018-10-31.
Planetary Resources Inc. was acquired by ConsenSys, Inc. in an asset-purchase transaction on 2018-10-31.