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Asteroid worth $10,000 quadrillion ‘could transform global economy
www.rt.com ^ | 25 May, 2017

Posted on 05/25/2017 10:52:57 AM PDT by Red Badger

NASA scientists are outdoing themselves yet again: by reworking the planned route for a robotic mission to a giant asteroid worth $10,000 quadrillion, they’ve managed to cut costs, launch sooner and arrive four years earlier than planned. Not bad.

The Psyche planetoid, measuring 240km (149 miles) in diameter, is located in the asteroid belt between Mars and Jupiter and is made almost entirely of iron and nickel.

At current market prices, such an asteroid, a truly unique object in our solar system, is estimated to be worth $10,000 quadrillion ($10,000,000,000,000,000,000). That is, if you could successfully tow it into orbit and then mine it (and find someone to buy all of it, of course). For scale, the entire global economy is worth over $74 trillion.

“We challenged the mission design team to explore if an earlier launch date could provide a more efficient trajectory to the asteroid Psyche, and they came through in a big way,” said Jim Green, director of the Planetary Science Division at NASA Headquarters in Washington, as cited in a NASA press release.

“This will enable us to fulfill our science objectives sooner and at a reduced cost,” he added.

The original launch date for the mission was in 2023 with a scheduled arrival sometime in 2030. With the new trajectory, however, it will launch in the summer of 2022 and arrive at the asteroid belt in 2026.

The key to the galactic shortcut is mindblowing in and of itself: By scrapping a planned gravity boost around the Earth, the team of scientists figured out how to avoid any pit stops or paying the gravity toll in passing too close to the sun.

"The biggest advantage is the excellent trajectory, which gets us there about twice as fast and is more cost effective," said Principal Investigator Lindy Elkins-Tanton of Arizona State University in Tempe.

Speculation is rife among the NASA team that the asteroid could indeed be the solidified core of a planet.

"It's such a strange object," Elkins-Tanton previously told Global News Canada in January.

"Even if we could grab a big metal piece and drag it back here ... what would you do? Could you kind of sit on it and hide it and control the global resource – kind of like diamonds are controlled corporately – and protect your market? What if you decided you were going to bring it back and you were just going to solve the metal resource problems of humankind for all time? This is wild speculation, obviously."

The Psyche mission craft, built by Space Systems Loral (SSL) in Palo Alto, California, has also been upgraded. Instead of the original design, which featured a four-panel solar array in a straight line on either side of the craft, the new design features a more powerful x-shaped design.

"By increasing the size of the solar arrays, the spacecraft will have the power it needs to support the higher velocity requirements of the updated mission," said SSL Psyche Program Manager Steve Scott.

The Psyche craft is part of NASA's Discovery Program, a series of lower-cost, highly focused robotic space missions that are exploring the solar system. The Psyche mission is only one of exploration, it won’t actually be towing this giant metal ball back to Earth.

More specifically, the mission will investigate whether Psyche is the core of an early planet, how old it is, whether it formed in similar ways to Earth's core, and what its surface is like.


TOPICS: Business/Economy
KEYWORDS: astronomy; mining; nasa; space
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To: Red Badger; All

there goes the value of my gold and silver


21 posted on 05/25/2017 11:06:33 AM PDT by old-ager
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To: Red Badger

Probably have some pretty toasty hot spots in it too radiation wise.


22 posted on 05/25/2017 11:07:53 AM PDT by Axenolith (Government blows, and that which governs least, blows least...)
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To: Red Badger

We could build a Death Star!

Just remember, cover the exhaust port above the main port this time.


23 posted on 05/25/2017 11:08:15 AM PDT by PittsburghAfterDark (The American media: We do what the Soviet media did without the guns to our head.)
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To: Quality_Not_Quantity

...in the future, gold is as common as sand...

What if that becomes true!?


24 posted on 05/25/2017 11:08:25 AM PDT by McGruff (The terrorists have elected to receive.)
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To: Red Badger

“If this is, as one theory goes, the ‘solidified core’ of some long gone planet, then it will have gold, silver, uranium, lead and all the heaviest metals as a part of its makeup, not just iron and nickel...................”

There was a story about this several months ago that stated the asteroid has enough precious metals that it would render those materials essentially worthless. There may also be enough radioactive contamination of those metals that the cost of decontaminating them would be cost prohibitive.


25 posted on 05/25/2017 11:08:43 AM PDT by Brooklyn Attitude (The first step in ending the War on White People, is to recognize it exists.)
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To: Red Badger

Wow, that graphic BLOWS ME AWAY!

I’ve always said that the info is out there, it is just getting it in the right format.


26 posted on 05/25/2017 11:10:08 AM PDT by ChinaGotTheGoodsOnClinton (Go Egypt on 0bama)
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To: sima_yi

Such a deal...


27 posted on 05/25/2017 11:10:19 AM PDT by DUMBGRUNT (GO TRUMP!)
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To: Afterguard

“Wait... Isn’t RT.com a Russian news source? Just sayin’.”

Their link:

https://www.nasa.gov/feature/jpl/nasa-moves-up-launch-of-psyche-mission-to-a-metal-asteroid


28 posted on 05/25/2017 11:10:32 AM PDT by TexasGator
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To: sima_yi

Good one...

LOL


29 posted on 05/25/2017 11:10:50 AM PDT by DoughtyOne (Happy days are here again!)
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To: Red Badger

That metallic rock is chump change. I want the carbon core of a white dwarf star. It’s a giant diamond.


30 posted on 05/25/2017 11:12:22 AM PDT by henkster (Orwell, Rand and Huxley would not be proud of our society, but they'd have no trouble recognizing it)
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To: Red Badger

Why tow it into orbit? Why not bring it down on, say, iran, and we can just mine it from there.

Or San Francisco...


31 posted on 05/25/2017 11:13:12 AM PDT by Mr. Douglas (Best. Election. EVER!)
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To: Red Badger

Call me suspicious, but I suspect that trying to sell that much iron and nickel might drive the price of iron and nickel down a tad....I mean if there is anything to that whole “supply and demand” thing....


32 posted on 05/25/2017 11:14:34 AM PDT by AndyTheBear
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To: McGruff

“...in the future, gold is as common as sand...”

There was a twilight zone episode where some crooks stole a large amount of gold and then put themselves in suspended animation to wait until the heat was off. By the time they awakened a process had been develeped to synthesize gold and it was worthless.


33 posted on 05/25/2017 11:14:56 AM PDT by Brooklyn Attitude (The first step in ending the War on White People, is to recognize it exists.)
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To: jonrick46

They’re not just out there floating like balloons. They’re traveling at 50,000 mph, and then there’s that law of motion stuff.


34 posted on 05/25/2017 11:15:17 AM PDT by KingLudd
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To: Buttons12
What could go wrong?

I can't imagine. It's not like anyone hates most or all human life enough to try to steer it into a collision rather than an orbit. Dr. Evil is fiction. And there's no real person that full of petty malice. Is there?


35 posted on 05/25/2017 11:17:28 AM PDT by Pollster1 ("Governments derive their just powers from the consent of the governed")
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To: Red Badger

The importance of this story is that it blows out of the water the narrative that we are limited to resources on Earth, and are therefore running out.

That narrative depends on the assumption that we never go outside of Earth to obtain the massive amount of resources that exist in space.


36 posted on 05/25/2017 11:17:54 AM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: AndyTheBear
Just think how many of these it will make:
37 posted on 05/25/2017 11:21:45 AM PDT by Red Badger (Profanity is the sound of an ignorant mind trying to express itself.............)
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To: 5th MEB

“anything”??? A touch of exaggeration I think....


38 posted on 05/25/2017 11:23:18 AM PDT by Enchante (Searching throughout the country for one honest Democrat....)
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To: Buttons12

Might play hell with the tides and faults...............


39 posted on 05/25/2017 11:23:36 AM PDT by Red Badger (Profanity is the sound of an ignorant mind trying to express itself.............)
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To: Red Badger

Moving it and landing it would probably consume more in energy costs than could be recouped by selling the material - even if it were solid gold.

It does bring up some interesting possibilities though, such as using it as a materials store and construction base to launch missions farther out into the cosmos. Especially if it has high-grade uranium ore that could serve as a localized energy source.

There are some movers and shakers who think we’re on the cusp of a serious space boom. Not sure I buy it.


40 posted on 05/25/2017 11:24:50 AM PDT by Eisenhower Republican (END H1B. REPEAL Obamacare.)
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