The species continues making advances in technology for asteroid mining as the economy moves into space

Awhile back I did a post on asteroid mining outlining how potentially trillions of dollars worth of rare metals are available to pluck from asteroids. The post was about how Japanese companies were at the forefront of developing space technology applied to asteroid mining. This only makes sense for the Japanese being a resource poor country having to obtain most of their required rare earth metals from Australia, Russia and China to fuel Japan’s high tech industrial needs. My thinking is that since the species is headed to space, and as the article points out, “cities will be built in space and to do that requires a lot of building materials from asteroids.” This is also why I think digital crypto currencies like Bitcoin, Fissioncoin and Swisscoin, as well as 3D printing are being made available preparing the species for its move into space.
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Source: GIZMODO

The First Commercial Asteroid Mining Could Start In Just Three Years

August 17, 2016

by Maddie Stone

The Prospector 1 will rendezvous with a nearby asteroid and scout it for valuable materials. Image: Deep Space Industries

If Deep Space Industries has its way, there’ll be a small robotic lander on a nearby asteroid in just three years. That’s the latest phase of the California-based asteroid mining company’s plan to bring about an outer space real estate boom by creating a resource supply chain off Earth.

“Our thirty year goal is to build cities in space,” Deep Space Industries CEO Daniel Faber told Gizmodo. “You need a lot of raw materials from asteroids to enable that.”

Asteroid mining is still in its infancy—no would-be miners have managed to land on a space rock, much less harvest the water and metals locked away inside of it. But if a spate of recent announcements are any indicator, Deep Space Industries is hoping to lead the charge. Earlier this year, the company unveiled Prospector X, a tiny robotic spacecraft that’ll sit in low Earth orbit testing technologies for future asteroid prospecting missions, including water-powered propulsion and optical navigation systems. That spacecraft is on track to launch in late 2017.

Shortly thereafter, the company intends to ship off the very first asteroid-bound Prospector 1. This vehicle—just 50 kilograms when fueled up—will hitch a ride into low Earth orbit before pointing itself at a target, firing up the water-powered thrusters, and setting sail for riches and glory.

Please go to GIZMODO to read the entire article.

 

 

 

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