NASA proposes generating revenue by mining on asteroids close to the Earth

Excerpt from thewestsidestory.net


The American space agency, NASA, is working on a project which has
the potential of becoming a source of revenue for the cash strapped
agency. It has already signed contracts with two companies namely
Planetary Resources and Deep Space Industries for carrying the project
further. The new proposed project will involve asteroid mining. Together
with the two of them, NASA has already started chalking out a strategy
for gathering resources in space.


According to experts, bringing resources from the space to earth will
cost about $5,000 to $25,000, which means, taking resources in space
will be the only alternative the two associated companies will the
focusing on. In order to bring down the operational cost, they will also
need to find out asteroids that are located closest to our planet and
are rich sources of minerals, silicates, carbonaceous minerals and
metals.


asteroid-mining

“Communicating about any future asteroid threat will not
be easy,” said Michael Simpson, SWF’s Executive Director, according to
Discovery.com. “People will need messages they can act on, and they will
deserve to know the limitations on what modern science can predict.”

Source Article from http://feedproxy.google.com/~r/AscensionEarth2012/~3/xC27HK-e8Q0/nasa-proposes-generating-revenue-by.html

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