'Space Selfies' Scrapped, But Asteroid Mining Company Raises $21M

The asteroid-mining company Planetary Resources recently raised more than $20 million in venture funding, but also had to shut down a crowdfunded space telescope due to a lack of financial interest. The $21.1 million in "Series A" money will be used for an Earth-observation project called Ceres, which Planetary Resources said will use infrared and hyperspectral sensors to help manage natural resources on Earth. "While typical satellite imagery provides only a picture, Ceres will provide actionab