Asteroid Initiatives LLC, the asteroid prospecting company, today launched its first crowdfunding effort, as part of its plan to bring the spacecraft miniaturization revolution to deep space, and become the first company to directly prospect asteroid for material resources. The current Asteroid Initiatives crowdfunding campaign seeks a total of $65,000 and will last for the remainder of the month.

Asteroid Initiatives LLC today asked for the public’s help in developing its Solar ScoutTM CubeSat Explorer, which will lower the cost of asteroid prospecting by applying revolutionary advances in microsatellite technology in deep space.

“If you want to do asteroid mining, you first have to do asteroid prospecting, because we really have no idea..

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