Mexican commercial space company MxSpace and international asteroid mining company Deep Space Industries to sign historic agreement at the 67th International Astronautical Congress

GUADALAJARA, Mexico. September 29, 2016.

On September 29, at 11:00 a.m. local time, Deep Space Industries (DSI) and MxSpace will sign a historic agreement that marks the beginning of an international partnership between the companies to promote the development of new commercial space technologies and business ventures. Dr. Francisco Mendieta from Agencia Espacial Mexicana (AEM), as well as executives from both MxSpace and Deep Space Industries, will take part in the signing ceremony at the MxSpace booth (booth #24) on the trade show floor of the 67th International Astronautical Congress in Guadalajara.

“The development and eventual settlement of space will be a combined effort of many countries, companies, and people,” said Rick Tumlinson, Chairman of the Board at Deep Space Industries. “Partnerships like this one are an important step in developing a thriving, international ecosystem of space companies and organizations that work together for the benefit of all humanity, and we believe that Mexico has an important role to play”

The agreement between MxSpace and Deep Space Industries focuses on ways the two companies can help support each other in both the near and long term. This includes sharing and promoting each other’s technology products, collaboration on proposals, and seeking joint funding and business opportunities.

“We’re very excited to partner with Deep Space Industries to help position Mexico as a global player in the emerging space resources industry,” said Jose Oldak, President of MxSpace. “Just as MxSpace has been paving the way for Mexico to enter the global satellite industry, this new relationship will introduce cutting-edge asteroid mining and space operations technology to the Mexican space industry and help commercialize Mexico’s most innovative space technologies for markets around the world.”

Additionally, the companies will jointly support domestic and international regulatory and policy positions of mutual interest. This includes working towards a future in which all nations play a part in space exploration, development, and industrialization.

“Deep Space Industries is thrilled at the opportunity to work with our southern neighbors to advance the discussion and understanding of important international policy topics governing the uses of space,” commented Sagi Kfir, Deep Space Industries General Counsel. “This partnership between DSI and MxSpace will help promote global awareness of the benefits of space resources and ensure that Mexico is well prepared to participate in this sector of the growing international space economy.”

The two companies hope to foster collaboration among international partners in North America and around the world. Such collaboration has proven to be a valuable tool in ensuring that customers and partners are offered the most reliable and advanced technical solutions possible.

“Deep Space Industries is excited to deliver spacecraft technologies and systems that can help catalyze the growth of the space industry in Mexico,” said Daniel Faber, CEO of DSI “Additionally, as a trusted partner to MxSpace, we hope to help commercialize Mexico’s most innovative space technologies in markets around the world, providing new business opportunities for both companies and our respective customers.”

Additionally, Rick Tumlinson will be a panelist at the Mexican Capacities in Space Science Forum, to be held Friday, September 30 at 9:45 a.m. at Expo Guadalajara, located in Av. Mariano Otero #1499. For more information about Deep Space Industries or for media inquiries, please visit DeepSpaceIndustries.com.

 

About Deep Space Industries

Deep Space Industries is an international asteroid mining company, developing the technologies to find, harvest, and supply the asteroid resources that will transform the space economy. DSI also delivers robust technology products for the most demanding space applications. High-performance spacecraft components, developed in support of asteroid mining, enhance and enable innovative satellite missions in Earth orbit, providing robust and reliable solutions for Earth-based customers.

 

About MxSpace

MXSpace is Mexico´s premier association of space companies providing a sustainable, affordable, integrated and evolving environment for the development and construction of satellites, launch Vehicle engines, optical and telemetric system, Space operations and Information Services. MXSpace offers a competitive platform working closely with academia linking industry with research institutions and government delivering advanced solutions for companies in the field of CubeSat, nanosatellites and space-related technologies including development, manufacturing, delivery, operation, and more.

 

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