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Company making plans for asteroid mining
CBS News ^ | January 22, 2013 | William Harwood

Posted on 01/22/2013 9:19:46 PM PST by 2ndDivisionVet

Hoping to take the commercialization of space to a higher level, a second company has jumped into what the founders hope will be a lucrative emerging market, prospecting for raw materials among near-Earth asteroids using fleets of low-cost robotic spacecraft, senior executives said Tuesday.

The long-range goal is to develop an in situ manufacturing capability, harvesting raw materials and building components in space using high-tech mini foundries built around sophisticated 3D printers.

"This is about the future. This is about making something happen," company chairman Rick Tumlinson told reporters during a news conference in Santa Monica, Calif. "Deep Space Industries is a space resources company. We are about prospecting, exploring, harvesting, processing and manufacturing based on the resources of space.

"Overall, our business plan, our idea, is to get into this field as it begins. And it is beginning today."

Deep Space Industries plans to begin initial operations in the 2015 by launching a trio of small satellites that will hitch rides to space as secondary payloads on missions to launch communications satellites and other large spacecraft...

(Excerpt) Read more at cbsnews.com ...


TOPICS: Astronomy; Business/Economy; Science
KEYWORDS: 3dprinters; economy; future; space

1 posted on 01/22/2013 9:19:52 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

It’s probably literally easier than trying to open a new mine here in America.


2 posted on 01/22/2013 9:34:49 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
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To: 2ndDivisionVet

More money hungry capitalists exploiting natural resources for their own gain. Perhaps this should be put on hold until we can understand the long term impacts of their rape of the land...


3 posted on 01/22/2013 9:36:33 PM PST by Dr. Pritchett
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To: 2ndDivisionVet

Space will by colonized by those fleeing political oppression on earth.


4 posted on 01/22/2013 9:39:14 PM PST by GraceG
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To: 2ndDivisionVet

this is such bs. at least right now.


5 posted on 01/22/2013 9:56:34 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
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To: 2ndDivisionVet
Don't sit next to the mission specialist. He's a cook!
6 posted on 01/22/2013 10:05:22 PM PST by Morris70
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To: 2ndDivisionVet

LOL!

“Atmosphereum!”


7 posted on 01/22/2013 10:09:34 PM PST by Califreak (11/6/12 The Day America Divided By Zero)
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To: DesertRhino

Have they got the EPA permits for this?


8 posted on 01/22/2013 10:15:12 PM PST by BipolarBob (Happy Hunger Games! May the odds be ever in your favor.)
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To: BipolarBob

You bet your asteroids!


9 posted on 01/22/2013 10:17:50 PM PST by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: 2ndDivisionVet
using fleets of low-cost robotic spacecraft,

Why would they risk Robots on these dangerous far away jobs Americans just will not do.
Hire some Mexicans/Hispanics to do them....
10 posted on 01/22/2013 10:25:48 PM PST by JSteff (It was ALL about SCOTUS... We are DOOMED for several generations. . Who cares? The Dems care!)
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Environmentalists moving heaven and earth to shut this down in 3, 2, 1


11 posted on 01/22/2013 10:33:36 PM PST by dsrtsage (One half of all people have below average IQ. In the US the number is 54%)
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To: 2ndDivisionVet
If I recall correctly most asteroids are composed mostly of of iron and silica...don't think there is a shortage of either down here...however steel mills in space sounds cool.
12 posted on 01/22/2013 10:46:47 PM PST by montanajoe
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To: KevinDavis; AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; ...

Thanks 2ndDivisionVet.


13 posted on 01/23/2013 4:16:36 AM PST by SunkenCiv (Romney would have been worse, if you're a dumb ass.)
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To: montanajoe

Carbonaceous chondrite asteroids are often over half hydrocarbons. Think oil/coal in space with lots of water to make rocket fuel (oxygen/hydrogen).

Nickel-iron asteroids have up to several percent platinum group metals. Some are almost pure enough to smelt into stainless steel. No doubt, some will assay higher than others. Out of millions of asteroids in the Solar System, there’s probably one with a bunch of gold in it.

Even silica chunks can be useful if you drop them on Iranian nuke installations. With a big enough rock, they cannot bury that sucker deep enough to escape.

BTW, I think I have met some of the principals in these mining endeavors. I think I am still listed as an Adviser on the AIAA Space Colonization and Utilization Technical Committee.


14 posted on 01/23/2013 11:46:21 AM PST by darth
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To: darth

Cool I’d like to see industry getting involved in space..


15 posted on 01/23/2013 6:39:09 PM PST by montanajoe
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