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OffWorld Europe Makes Its Debut in Luxembourg Developing Space Mining Robots

LUXEMBOURG - (02/23/2023) - OffWorld is growing and its new sector in Luxembourg will focus on applying its autonomous industrial mining robots to space applications. The company is opening several jobs to the local economy and is looking to onboard talent from various fields.



OffWorld is the global pioneer in AI-powered industrial Swarm Robotic Mining systems on Earth and the company is now expanding to take on space. The newly established OffWorld Europe is being run by Managing Director, Kyle Acierno, former CEO of ispace U.S. Kyle is an international expert in commercial space and a specialist in lunar exploration. OffWorld Europe will begin its first program on a multi-year program that focuses on developing and deploying modules for the extraction and storage of oxygen and hydrogen from volatiles and water deposits at the lunar surface. This will include mating modules to OffWorld’s robotic technologies for cohesive lunar deployment.


Kyle has led teams in Asia, Europe, and the United States, winning over $100M in lunar-related contracts. He sits on the board of World Space Week, the IAF Industry Relations Committee, and has served as the Chair of the Technical Committee of the Hague Space Resources Working Group. At initiation, OffWorld Europe will expand research into state-of-the-art lunar regolith processing and begin the design and development of the robotic workforce necessary to accomplish a variety of volatile recovery tasks. The initial lunar focus will be on meeting projected near-term market needs of liquid propellants, water, and oxygen.


Jim Keravala, OffWorld Chief Executive Officer and Co-founder, said: “I’m proud to welcome Kyle as the Managing Director at our newly established OffWorld Europe division to lead and build an incredible team of experts. He is very well-seasoned in the space sector, and I am certain his talent and expertise will propel our mission of advancing the boundaries of space exploration forward. We have been proving our AI and robotic systems with the mining industry on Earth and our goal has always been to eventually expand our services to other celestial bodies, so OffWorld Europe has really been years in the making and I am thrilled to finally open our doors.”


Kyle Acierno, OffWorld Europe Managing Director, commented: "I am honored to take on the role of Managing Director of OffWorld Europe and to work alongside an incredible team of experts dedicated to pushing the boundaries of exploration on Earth and in Space. Our focus on the extraction and processing of lunar volatiles combined with our cutting-edge autonomous robotic technologies will pave the way for a sustainable future for humanity beyond Earth."


The company’s new line of autonomous robot species is built for surveying environments (on any surface and deep underground), performing precision excavation, and collecting, hauling, and processing material. Swarm robotic mining improves productivity and cost efficiency for all customers.


OffWorld recognizes that people are its most valuable asset. With the launch of this multi-year program, there has never been a more exciting time to join the team and be a part of something truly remarkable. OffWorld Europe is looking to hire in several disciplines and is looking to onboard talent from all experience levels. If you are interested in joining the team paving the future of human civilization in space, visit https://www.offworld.ai/careers.


ABOUT OFFWORLD

OffWorld is a private company that is pioneering the design, development, and manufacturing of AI-powered industrial swarm robotic platforms. It is headquartered in Pasadena, California, and has offices in South Africa, Australia, and Luxembourg. OffWorld was founded in 2016 with the goal of expanding human civilization beyond Earth with the help of thousands of smart robots. It is reinventing the mining, manufacturing, and construction industries by developing a new generation of swarm robotic species that can withstand extreme conditions and work collaboratively in an eco-friendly approach while keeping humans out of harm’s way.


CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the ability of Off-World, Inc. (“OffWorld” or the “Company”) to access sources of capital; its ability to grow market share in the developing space economy; market acceptance of its current and planned products and services and ability to achieve sufficient production volumes. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and OffWorld assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. OffWorld gives no assurance that it will achieve its expectations.


MEDIA INQUIRIES

OffWorld, Inc.


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