Tuesday, April 24, 2012

Asteroid Mining


Gizmodo reports: [edited]

Today, a group of billionaires and former NASA scientists will announce Planetary Resources Inc., the first asteroid mining company in history. They claim they will "add trillions of dollars to the global GDP" and "help ensure humanity's prosperity."

The group of investors and scientists on board this enterprise is impressive, including Google's Larry Page & Eric Schmidt, Ph.D.; film maker & explorer James Cameron; Chairman of Intentional Software Corporation and Microsoft's former Chief Software Architect Charles Simonyi, Ph.D.; Founder of Sherpalo and Google Board of Directors founding member K. Ram Shriram; and Chairman of Hillwood and The Perot Group Ross Perot, Jr.

Harnessing the resources of asteroids is not a crazy proposition and the return of investment could be amazing. So much that they are convinced they can "add trillions of dollars to the global GDP." More importantly, this may solve many of our material needs as resources on Earth keep dwindling fast.
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