New venture aims to mine near-Earth asteroids

Joel Achenbach
Washington Post

April 25, 2012

Asteroids have made people nervous for several decades now, ever since scientists declared that a large object from space smashed into Earth 65 million years ago and put the kibosh on the Age of Dinosaurs. But now some entrepreneurs and tech tycoons are declaring that there’s money in those space rocks.

Untold thousands of asteroids the size of warehouses orbit the sun near Earth, and some of them are enticingly rich in water and precious metals. The water could be processed to create fuel depots for spaceships, not to mention beverages for astronauts. The metals, including platinum, could be mined and brought back to Earth.

It’s a big idea whose time has come, at least on the West Coast. The entrepreneurs unveiled their plan at a Tuesday news conference at the Museum of Flight in Seattle.

“This is directly in line with every major exploration that ­humanity has done,” space visionary Peter Diamandis said in an interview earlier in the day. “It is in line with Magellan, and Columbus, all the great explorers in the 1400s and 1500s, crossing the Atlantic and looking for resources.”

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3 Responses to “New venture aims to mine near-Earth asteroids”

  1. unfortunatly, the powers that are the dinosaurms demise version promoters are the same ones that accidently (so they claim) that caused said astroids collision course,,, through mining coincidentially, can ya beleive that, if ya beleived the previous, why not huh, whood a thunk the lizard queen was so old,,,

  2. I should try to apply there. I’ve been mining asteroids for years now… eve is real

  3. That’s pretty cool. But I don’t think it’s a lucrative proposition just yet.

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