Many components in your phones and batteries are made with "rare Earth metals". You know why they call them that? Because they are actually rare on Earth, and we're going to run out. But they're not rare in space. Which is why today a company launched the prototype for a vehicle that will search for asteroids to mine beyond Earth.
Tagged With planetary resources
It was just over a year ago, back in April 2012, that we first learned the intentions of a company known as Planetary Resources: asteroid mining. As in going into space, finding an asteroid that's not-too-far from Earth, and mining it for precious minerals and/or water which could be used as space-fuel for other missions. In a word: ambitious.
Planetary Resources, the company that is planning to mine near-Earth asteroids, has received lots of emails from fans wanting to participate in its exciting venture. In fact, it may open the possibility for you to be part of it.
Yesterday, a group of billionaires, scientists and engineers announced what could become the most important enterprise in human history since Columbus sailed West: an asteroid-mining company called Planetary Resources. They want to jump-start a completely new industry between the Earth and the moon, one that will add trillions of dollars to the world economy and ensure our prosperity for centuries to come.