A mysterious planetary project backed by a high-profile group of individuals -- director James Cameron, Google executives Larry Page and Eric Schmidt, and politician Ross Perot's son, among others -- will be revealed on April 24 in a conference-call unveiling of space exploration company Planetary Resources.
Technology Review speculates that the project, which promises to "create a new industry and a new definition of 'natural resources'", will be something along the lines of asteroid mining. The project itself is being headed by X Prize founder Peter Diamandis, who, in a 2005 Ted talk, lauded the possibilities of asteroid mining in particular and extraterrestrial environments in general.
I guess it's probably not going to be a colossal-budget intergalactic blockbuster, after all. [The Verge]