Wednesday, April 25, 2012

Company Wants to Mine Asteroids!

A Seattle Washington company wants to develop a business that would be centered around asteroid mining.

Planetary Resources, Inc. in a recent press conference stated that they are interested in the long term to "expand Earth's natural resource base" by developing and deploying the technologies for asteroid mining. Although the company's long term is mining asteroids, its initial plans will be the development of a market for small cost-reduced space telescopes for both Earth observation and astronomy.

Of note, James Cameron is listed as an adviser to the project. Cameron as you will remember recently made the historic second only dive on the Challenger deep on which he was the first to do the dive solo.

wikipedia on Planetary Resources

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