Asteroid Mining Mission Revealed by Planetary Resources, Inc.

Planetary Resources' mission is to mine near-Earth asteroids for raw materials, ranging from water to precious metals. Through the development of cost-effective exploration technologies, the company is poised to initiate prospecting missions targeting resource-rich asteroids that are easily accessible.

Resource extraction from asteroids will deliver multiple benefits to humanity and could be valued at billions of dollars annually. The effort will tap into the high concentration of precious metals found on asteroids and provide a sustainable supply to the ever-growing population on Earth.

The company was founded by space visionary Peter H. Diamandis, M.D. and leading commercial space entrepreneur Eric Anderson, and is supported by an impressive investor and advisor group, including Google's Larry Page & Eric Schmidt, Ph.D.; film maker & explorer James Cameron; Chairman of Intentional Software Corporation and Microsoft's former Chief Software Architect Charles Simonyi, Ph.D.; Founder of Sherpalo and Google Board of Directors founding member K. Ram Shriram; and Chairman of Hillwood and The Perot Group Ross Perot, Jr.

Visit www.planetaryresources.com for more information.

• Category

  Science & Technology

[Rohan Pannikadavil]

Don't worry I still have my Collectible Plasma Cutter :)

[mvunit3]

Thank you Weyland/Yutani :D . . .

I hope you find Xenomorphs for the Bio-Weapons Division :).

[Tiago Costa Costa]

When the first ship arrive carring tons of platinum , the value wont be so atractive anymore. the same with gols or diamonds. cant be made in large scale.

[Anthar Lin]

dont bring da virus >:(

[xxzakthecoolxx]

Asteroids hit earth every few seconds, buddy. They wouldn't be bringing anything back that couldn't get here already. Anyway, how would these microbes survive all that IONIC radiation produced by the stars, ignoring the fact that they would most likely require oxygen and glucose to survive. But I thank you for being cautious :)

[xxzakthecoolxx]

I reason that such market distortion would lead to this hyperinflation lasting for a good deal longer. But perhaps you are right. Nonetheless, we should err on the side of caution.

[Sveinn Kallinen]

yes, but the hyperinflation will last only for a short time, as the industry use of these products will also hyper-inflate. Many of these products could be used but are currently too expensive, so less viable but much cheaper materials are used instead.

[xxzakthecoolxx]

Such sudden increase in the amount of valuable metal will cause drastic hyperinflation. Careful, please.

[Danarogon]

Or the Marker.

[Albyint]

BtW are you guys hiring? I volunteer for the most dangerous missions , even if it costs my life it would be a small price to pay to help ensure gaian life and DNA escape the earth!

[Albyint]

these guys are visionarys man! Mining asteroids is the key to the future of humanity!