Dutch asteroid mining company to relocate to Denver in a win for Colorado’s space industry

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Asteroid mining company Karman+ plans to relocate its headquarters to Denver from the Netherlands in a boost for Colorado’s burgeoning space industry.

will bring 150 new jobs to the state, according to a Wednesday announcement by Gov. Jared Polis‘ administration and the Colorado Office of Economic Development and International Trade’s Global Business Development Division. Colorado won the new location over the United Kingdom and Luxembourg.

The company pointed to Denver’s quality of life, potential for collaboration with higher education institutions and “a state and national regulatory environment more conducive to advancing the development of space resources” as reasons it selected the state. “As Colorado’s technology and aerospace industries continue to boom, we are thrilled to welcome innovative companies like Karman+ to Denver, one mile closer to space,” Polis said in a statement. “I believe Colorado is the best place to live, work and do business and this is clear as more companies choose to move or grow here.”

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Not pictured: asteroids

I like the idea of mining asteroids.

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