asteroid mining

World's first public space telescope gets Kickstarter goal

The tale of the Arkyd telescope is like that of the "little engine that could."

What seemed like a difficult task -- raising $1 million from a Kickstarter campaign to launch the world's first public space telescope -- was overcome on Monday as the crowdfunding goal was met with more than $1.5 million in pledges.

Not only did asteroid mining company Planetary Resources achieve its goal, it surpassed it, which means that the extra money can be used to add even more features to the telescope.

More than 17,600 people backed the Kickstarter campaign -- … Read more

Use-it-yourself orbiting space telescope in the works

Planetary Resources, a pioneer in asteroid mining, announced today that it is planning to launch the world's first publicly accessible space telescope.

The company, led by X Prize Foundation Chairman Peter Diamandis, said in April, 2012, that it planned to prospect and mine asteroids. But today the company expanded on that mission, saying that it is engaging "in another passion of our team: to make space exploration accessible to everyone." … Read more

Mining asteroids to 3D-print space stations: Beyond pie in the sky?

I'm in search of a new phrase to replace "pie in the sky" to describe the latest ambitious space mining startup. On its face, the notion of 3D printers on asteroids seems more ridiculous to me than a simple lemon meringue in the clouds, and yet that is exactly what the just-launched venture Deep Space Industries (DSI) proposes to do.

Less than a year after Planetary Resources announced its own plans to mine asteroids in space, DSI is upping the ante with its own vision for zero-gravity resource extraction that goes one step further to include actually producing things in space using the company's "MicroGravity Foundry... a patent-pending breakthrough in 3D printers able to output complex metal components using a simple process with few moving parts."

The idea is that it should be much cheaper and more efficient to build what's needed to further space exploration using resources extracted from asteroids than shuttling materials from Earth. Imagine sending a robot into a mountain with some mining tools and a 3D printer. The robot mines material to feed into the 3D printer, which prints up more robots and supplies to build a smelter at the mouth of the mine, which is then used to build even bigger things. You get the idea.… Read more

Google goes for a Drive

Stories from Tuesday's CNET Update:

Google Drive launches today Shortage of blue and white versions of Nokia Lumia 900 Startup wants to start mining asteroids Netflix earnings report Windows 8 preview in June Today's App to Watch: Lego Super Hero Movie Maker

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Planetary Resources seeks to mine asteroids' riches

Space startup Planetary Resources today launched an ambitious plan to capture water and precious metals from near-Earth asteroids, a feat founders say would enrich earthbound society and enable further space exploration

The two-year-old company announced its plans at the Museum of Flight in Seattle, where its founders said that technology has advanced to the point that space-mining valuable natural resources is now economically feasible.

Some asteroids that pass near the Earth may hold water -- a vital commodity for making spacecraft fuel and supporting the lives of astronauts. And that's just the beginning. A single 500-meter-wide asteroid could contain … Read more

Asteroid mining: Land grab in space

As people come to terms with the limits of the Earth's natural resources, startup company Planetary Resources is eyeing another source: space.

The company, founded by XPrize Foundation CEO Peter Diamandis and aerospace engineer Eric Anderson, will launch at the Museum of Flight in Seattle later today. Its list of advisers includes Google CEO Larry Page, former Google CEO Eric Schmidt, filmmaker James Cameron, and the former Microsoft chief software architect and space tourist Charles Simonyi. Other advisers are Google board member and investor Ram Shriram and Ross Perot Jr., son of the former presidential candidate.

Planetary Resources' goal … Read more