(Image: Bryan Versteg/spacehabs.com)
Talk of mining asteroids was once the preserve of corduroy-flare-clad, optimists of the Apollo era. Now the idea is making a comeback thanks to enterprising tech billionaires and a nascent commercial space industry.
The company Planetary Resources is due to outline today in Seattle, Washington, its aims to mine near-Earth asteroids for precious metals. "The resources of Earth pale in comparison to the wealth of the solar system," company founder Eric Anderson, also of Space Adventures, told Wired Science.
Anderson's co-founder is Peter Diamandis of the X Prize foundation, which runs competitions to stimulate privately funded space technology. The pair are backed by billionaires from Google, Microsoft and Dell and are advised by film director James Cameron and ex-NASA employees.
Planetary Resources says its first step is to launch a small fleet of space telescopes within the next few years to identify potentially valuable near-Earth asteroids. While asteroids are known to be rich in platinum, nickel and other precious metals that are steadily rising in value, it's still the start of a daunting task.
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