Mining entrepreneur Julian Malnic Joins Deep Space Industries' Board

Houston, United States (ABN Newswire) - Deep Space Industries is pleased to announce the election of Julian Malnic, accomplished entrepreneur and business leader, to its Board. Julian is a recognized leader in the global mining industry, having founded both Nautilus Minerals Inc. and Direct Nickel, an emerging nickel producer with a revolutionary and dramatically lower cost extraction technology. In his new role with DSI, Mr. Malnic will add invaluable experience, perspective and drive to the Board of Directors.

"Julian's addition to DSI's Board reflects the accelerating evolution of the Company" said Rick Tumlinson, Chair of Deep Space Industries. "Not only is he a geologist with a lot of processing experience, but he is also founder of the world's first deep sea mining company. He brings us an invaluable level of experience in transformatory mineral resource ventures."

In addition to founding both Nautilus Minerals Inc. (TSE:NUS)(LON:NUS) and Direct Nickel (ASX:DIR), Mr. Malnic is also the Founder and Chairman of the Sydney Mining Club, the managing director of Fluid Minerals Limited, and Director of Public Relations for the Constitution Education Fund of Australia. He is a well-known voice in mining and policy circles in Australia.

"Space resources is a fast-moving investment frontier and I really like DSI's focus on using materials that are already out there," said new Board member, Julian Malnic. "Deep Space Industries is not just an innovator in its industry, it is pioneering it. Using asteroid materials must be the primary basis for any serious development of space. I think DSI is very well positioned to do this."

Julian Malnic has been involved with DSI in an advisory capacity since before the company announced itself in January 2013. His down-to-Earth experience compliments the existing space and engineering elements of the company. Julian joins his fellow Board Member and Australian mining expert Mark Sonter to provide insight into business and mining policy and practices, as well as the practical, "shovel in the dirt" realities of processing raw mineral materials.

"DSI is evolving rapidly, and the addition of Julian to our Board of Directors will add to the forward momentum we're currently experiencing," said DSI CEO Daniel Faber. "His years of achievement in the mining industry, his success in building value in multiple innovative ventures, and his experience as an international business leader will help Deep Space Industries achieve continued results for shareholders in the coming years.

Deep Space Industries is a technology and spacecraft design company, working to develop efficient means of utlizing the resources of outer space. DSI will locate, harvest, refine and manufacture the resources of our solar system, with a focus on providing both near and long term solutions for terrestrial and in-space customers.

About Deep Space Industries:

Deep Space Industries is a frontier development company in the process of developing economic models for mining Asteroids and delivering materials to construction and maintenance of aerospace vehicles outside of the earth's atmosphere.

Source:

Deep Space Industries

Contact:

W: www.deepspaceindustries.com
E: media.deepspaceindustries.com