Deep Space Industries will venture into asteroid-mining marketplace

Quicklink submitted by Kyle McDermott Permalink
January 23, 2013

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An artist's conception shows a settlement taking shape as part of an asteroid mining operation. by Bryan Versteeg / Deep Space Industries

Theoretically, mining the right kind of asteroid could produce precious metals worth sending back to Earth, such as platinum, gold and rare-earth minerals. Some asteroids also contain water ice that can be converted into fuel and supplies for space travel and settlement. But it would cost billions of dollars to identify and exploit those resources. 'We will only be visitors in space until we learn how to live off the land there. This is the Deep Space mission - to find, harvest and process the resources of space to help save our civilization and support the expansion of humanity beyond the Earth - and doing so in a step-by-step manner that leverages off our space legacy to create an amazing and hopeful future for humanity. We are squarely focused on giving new generations the opportunity to change not only this world, but all the worlds of tomorrow. Sounds like fun, doesn't it?'

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What on Space (Earth) by BFalcon on Friday, Jan 25, 2013 at 12:50:47 AM

boondoggle by Ned Lud on Friday, Jan 25, 2013 at 6:30:05 AM