Showing posts with label Space exploration. Show all posts
Showing posts with label Space exploration. Show all posts

Tuesday, April 24, 2012

Asteroid Mining Enterprise: Billion Dollar Boondoggle or Breakthrough to the Future?

Asteroid Mining Enterprise: Billion Dollar Boondoggle or Breakthrough to the Future?
by Nomad
Remember this date. Today- April 24 2012- could be the day that the commercial exploitation of outer space began in earnest. No, seriously.

Speculation along those lines has had the Net buzzing for the last week or so. Planetary Resources Inc., founded earlier this year,  will be making a formal announcement of its plans at an event Tuesday in Seattle. Things are somewhat vague with an earlier press release stating only that the proposed operation   would "overlay two critical sectors—space exploration and natural resources—to add trillions of dollars to the global GDP" and "help ensure humanity's prosperity."