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Asteroid Mining Mission Revealed by Planetary Resources, Inc.

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[Since 2010, a world-class team has been quietly working to expand humanity's resource base.] [Their path forward is to mine asteroids that have high concentrations of water and precious metals.] [Planetary Resources] Everything we hold of value on Earth--metals, minerals, energy, water, real estate-- are literally in near-infinite quantities in space. [Peter H. Diamandis MD, Co-founder and Co-chairman, Planetary Resources, Inc.] Planetary Resources' mission is to gain access to natural resources of space by mining near-Earth-approaching asteroids. With technological advances that are coming out of exponential technologies and investors willing to bear the risk, small teams are now able to do what only governments and large corporations could do before.

Our vision is to catalyze humanity's growth both on and off the Earth. We're breaking new ground. Now is the time for us to gain access to these resources, and at the end the entire human race will be the beneficiary as we expand our reach beyond the Earth into the solar system. [One asteroid may contain more platinum than has been mined in all of history.] [Tom Jones PhD, Planetary Scientist, Veteran NASA Astronaut & Planetary Resources Adviser] We've been searching for near-Earth objects mainly to assess the hazard of an impact on the Earth. It turns out that most of these asteroids are not a threat to the Earth, but they do offer potential benefits.

They are in Earth-like orbits that offer assessable resources that we can tap into, both for scientific knowledge and returning those strategic supplies to Earth. [Resources from asteroids will add tens of billions of dollars annually to the global GDP.] [Eric Anderson, Co-Founder & Co-Chairman, Planetary Resources, Inc.] Our plan for opening up the resources of the solar system is threefold. First, we're going to identify all of the most valuable near-Earth asteroids-- where they are, what they're made of, and how to reach them. Second, we're going to develop the technology and the capability to transform those resources into valuable materials. And third, we're going to deliver those materials to the point of need, whether it's a fuel depot orbiting the Earth or elsewhere in space.

[Water sourced from asteroids will greatly enable the large-scale exploration of the solar system.] [Chris Lewicki, President & Chief Engineer, Planetary Resources, Inc.]

Our small and focused team will enable the commercial exploration of the solar system. We're using experts who have gained their experience in NASA and the tech industry, and we're keeping our goals simple and clear. [Planetary Resources is applying commercial innovation to robotic space exploration.] We have a need now for the knowledge of what's on these asteroids. There are potential resources in space, and the government is taking a scientific and measured approach to exploring them. We can really increase the knowledge that we get and the pace at which it comes back to us by involving commercial innovation and commercial visits to these asteroids. [Planetary Resources will help ensure human prosperity by accessing the vast resources of space.] [Planetary Resources -] >>We are going to change the way the world thinks about natural resources.

Video Details

Duration: 3 minutes and 14 seconds
Country: United States
Language: English
Views: 5,175
Posted by: davidorban on Apr 24, 2012

Planetary Resources' mission is mine near-Earth asteroids for raw materials, ranging from water to precious metals. Through the development of cost-effective exploration technologies, the company is poised to initiate prospecting missions targeting resource-rich asteroids that are easily accessible.

Resource extraction from asteroids will deliver multiple benefits to humanity and could be valued at billions of dollars annually. The effort will tap into the high concentration of precious metals found on asteroids and provide a sustainable supply to the ever-growing population on Earth.

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