Bellevue, Washington – April 24, 2012 – Today, leaders of Planetary Resources Inc. (www.planetaryresources.com) announced their plans to begin mining asteroids. This ambitious and forward thinking organization, made up of ex-NASA engineers and commercial space pioneers, plans to send robotic and manned space ships to the asteroids for the purpose of mining precious metals for use here on Earth.
Initial spacecraft launches begin in 24 months with the scheduled lift off of space telescopes that will help with prospecting planning. The Planetary Resource Archid 100 line of spacecraft will provide a series of multi-tool spacecraft designed to collect the remote sensed data required to explore dozens of asteroid targets. The plan is to create Archid 100 swarms in assembly line fashion to support as much data collection as possible. The next vehicle will be the Archid 200 series spacecraft and will include propulsion systems that will enable the Archid 200 scpae vehicles to intercept asteroids found to be traveling close to the Earth.
The ultimate goal of the company is to generate wealth from space. In addition to mining precious metals the company plans to assist in reducing the cost and complexity of creating life support systems in space. This can be accomplished by extracting water, platinum metals, and building materials from targeted asteroids and bringing them back to the Earth/Moon system for use in constructing spacecraft, manufacturing sites, and space travel fuels.
For those of you interested in working for Planetary Resources, don’t bother calling unless you are willing to completely dedicate your life to this ambitious endeavor. These guys are serious about space industry.
Congratulations to Planetary Resources inc. as they seek to create a thriving economy in space for mankind. What a great concept to consider – people coming together to achieve great things for mankind and the world.
This quote was mentioned at the end of the press event: “Destiny is no matter of chance, it is a matter of choice. It is not a thing to be waited for, it is a thing to be achieved.”- William Jennings Bryan