Deep Space Industries

Mining Asteroids to Save the World

Deep Space Industries believes the human race is ready to begin harvesting the resources of space in order to save the world.

U.S.-based Deep Space Industries has announced that it is building a team skilled to turn raw asteroids into valuable products. The company unveiled plans to fly a series of satellites in 2015 on two- to six-month missions, with plans to launch larger aircraft for round trips to collect material a year later, the Guardian reported. “Using resources harvested in space is the only way to afford permanent space development. In this case, metals and fuel from asteroids can expand the in-space industries of this century. That is our strategy," said David Gump, chief executive of Deep Space Industries, noting that more than 900 new asteroids that pass near our planet are discovered each year. "Using low-cost technologies and combining the legacy of our space program with the innovation of today’s young high tech geniuses, we will do things that would have been impossible just a few years ago,” said Deep Space Chairman Rick Tumlinson. If all goes according to plan, Deep Space Industries predicts that, in a decade, it will be harvesting metals and other building materials from space rocks to build large platforms to replace communications satellites — followed by solar power stations that would beam carbon-free energy back to Earth. “We will only be visitors in space until we learn how to live off the land there. We are squarely focused on giving new generations an opportunity to change not only this world but all the worlds of tomorrow, ” Tumlinson said in a statement that also made a pitch for customers and sponsors.


Deep Space Industries is the second company to enter into the asteroid-mining business, following in the footsteps of Planetary Resources, which launched in April 2012 with the backing of top Google executives and film director James Cameron.


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