Crusader
Expert Member
- Joined
- Oct 2, 2005
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Planetary Resources, Inc. is not your average startup: its mission is to investigate and eventually mine asteroids in space!
Last week, the company issued a somewhat cryptic announcement saying they “will overlay two critical sectors – space exploration and natural resources – to add trillions of dollars to the global GDP”. I predicted this meant they wanted to mine asteroids, and yes, I will toot my own horn: I was right. They’re holding a press conference Tuesday morning to officially announce they’re going asteroid hunting.
The company had a pretty fierce amount of credibility right off the bat, with several ex-NASA engineers, an astronaut, and planetary scientists involved, as well as the backing of not one but several billionaires, including a few from Google… not to mention James Cameron. The co-founders of Planetary Resources are Peter Diamandis — he created the highly-successful X-Prize Foundation, to give cash awards to incremental accomplishments that will help achieve technological breakthroughs, including those for space travel — and Eric Anderson, X-Prize board member and Chairman of the Board of the Space Spaceflight Federation.
These are very, very heavy hitters. Clearly, they’re not screwing around.
So what’s the deal?
Full article here
Now this is very interesting news. I think the future of space exploration is now firmly in the hands of private companies. NASA seems to be floundering without the necessary funding. If there's enough incentive for private companies then we'll get there far sooner than any government agencies could have done it.
What I particularly love about this is the long-term scope of Planetary Resources' plans.