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Planetary Resources co-founder Peter Diamandis on bringing space exploration to the masses
Picture an optical telescope, a really good optical telescope, and you have to think big. The most powerful consumer-grade models often stand taller than their operators. The grand, institutionally owned ones are hidden beneath giant domes above the clouds on mountaintops. The world's best, the Hubble Space Telescope, is as big as a school bus and sits out in orbit, while its successor, the James Webb Space Telescope, will be roughly the size of a Boeing 737. What, then, could a telescope smaller than a trash can possibly do? Quite a lot, as it turns out -- if you can get it outside of the Earth's pesky atmosphere, that is. Planetary Resources plans to take rocks floating aimlessly in the solar system and turn them into valuable commodities. But, before we get there, the company hopes to revolutionize space exploration in the same way that 3D printing and microfunding have revolutionized manufacturing. Planetary Resources co-founder and co-chairman Peter Diamandis chatted with us, telling us why the company made the unusual decision to put its first orbital optical telescope up for grabs on Kickstarter.
Planetary Resources reveals plan for prospecting asteroids, creating interstellar gas stations
The cat got let out of the bag a little early, but Planetary Resources has now officially announced its existence and mission. We already told you that the venture plans to mine asteroids for profit, and is backed by a bunch of bigwigs from Silicon Valley and Hollywood. But now we know a bit more about the company after watching its announcement webcast and speaking with co-founder Peter Diamandis. Turns out, the company sees itself not only as a business venture, but as an entity that will pave the way for extending human influence throughout the solar system. Read on after the break for more.
James Cameron-backed Planetary Resources to search the universe for Unobtainium
Planetary Resources will reportedly announce later today that it's developing and selling low-cost spacecraft to mine asteroids close to the Earth. The space exploration and natural resources venture is led by X-Prize creator Peter Diamandis, Eric Anderson and NASA's former Mars chief, Chris Lewicki -- with cash backing from James Cameron, Eric Schmidt and Larry Page amongst others. Within a decade, the company hopes to kickstart a 21st century gold rush by selling orbiting observation platforms to prospectors with significant rewards -- a 30-meter long asteroid could hold as much as $50 billion worth of platinum at today's prices. The company's own teaser materials promised that the project would add "trillions of dollars" to the world's GDP, which sounds like a film we saw recently.
