ARCA Space—5400 Tonne Steam-Powered Rocket to Mine Asteroids Funded by Crypto Token

Here is the AMi Exploration home page. It may never fly, but reading it is a trip!

EcoRocket Heavy Launcher

The third stage is placed around the payload and is made of two rows of propulsion modules, accounting for a total of 30 units. The second stage is wrapped around the third stage and is made of three rows of propulsion modules, accounting for a total of 90 units, while the first stage is made of seven rows of propulsion modules, accounting for a total of 420 units.

In total, EcoRocket Heavy has 540 propulsion modules.The EcoRocket Heavy has a maximum diameter of 34.5 m, a length of 28 m, an empty mass of 188 t.

With a total launch mass, including the payload, of 5,443 t, and a take-off thrust of 12,600 tons, EcoRocket Heavy is the heaviest and has the highest thrust compared to any other vehicle ever built. It also promises the lowest cost/kg ever recorded.

AMi Token

One of the means to finance the AMi Exploration Program is through the creation of the AMi Crypto, an ERC20 utility token created in the Ethereum blockchain.

The utility for the ARCA token is linked to the fact that the token owners could use the tokens to purchase the ore, and other resources, like water from the asteroid mining activities developed under the AMi Exploration Program with priority. The purchase could be also performed with 20% from the sale cost covered with the AMi Token, starting with 2027.

Through the private sales and the ICO, we aim to raise $73 million.

The first private sale will open in August 2022.

Financials

ARCA is committed to make the AMi Plan a reality by using its skills of achieving great results with the a reasonably small amount of funding.

We estimate that $100 million will be required between 2022 to 2027 to start the mining operations, while between 2028-2031 the spent amount will be $107 million, with this last amount covered from asteroid mining operations that are expected to start in 2027.

Therefore, a total of $207 million will be spent for the AMi Plan between 2022-2031, while expecting to get $1 billion from asteroid mining operations during the same time frame.