Tuesday, April 24, 2012

Utilizing ET Resources

Planetary Resources announced today a magnificent vision for the future of mankind, one of expanding opportuniities and increasing wealth for an increasing percentage of the human race.

The company plans to mine Near-Earth asteroids for their natural resources.  According to astronomical studies, those resources are extraordinary, rivaling in some metals, for example, the amount of that mined on Earth in all history.  Nor is it all about precious metals.  Industrial metals could be used to build structures in space, from space colonies to huge solar power satellites that could beam power to either space projects or directly into Earth's power grid.  Water in asteroids would also be valuable, both as drinking water, and, say, as rocket fuel when broken into its components of hydrogen and oxygen.

If PR succeeds, it will usher in a dazzling new chapter in the human story.

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