Published On: Wed, Jan 23rd, 2013

Plans Unveiled to Mine Asteroids by 2015

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Archimedes concept

A concept drawing depicting an asteroid harvester of the kind Deep Space Industries plan to launch by 2015.

A private company named Deep Space Industries unveiled plans on Tuesday to mine near-earth asteroids for energy.  The firm hopes that the technology will eventually be able to provide energy to fuel self-sufficient space stations, and plans to begin mining as early as 2015.

Unmanned ships will be constructed that will be able grab hold of asteroids as the fly past the earth, and then mine them for precious metals such as platinum.

“More than 900 new asteroids that pass near Earth are discovered every year,” said Deep Space CEO David Gump in a statement published on Space.com. “They can be like the Iron Range of Minnesota was for the Detroit car industry last century — a key resource located near where it was needed. In this case, metals and fuel from asteroids can expand the in-space industries of this century. That is our strategy.”

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About the Author

- Dean Walsh is the owner and editor of World News Curator. He also owns and runs Ourly News and a range of other online publications.

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  1. Dean Walsh says:

    They can really do that? One year I’m reading about how how deep sea drilling is really difficult and dangerous (hence the BP disaster), then before you know it someone thinks they can catch passing asteroids and mine them.

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