Planetary Resources: asteroid mining gold rush
Last week, we found out about Planetary Resources, Inc. with a rumored plan to mine asteroids for minerals. Today, they spill the beans in a press conference live streaming currently but they have also posted several videos to YouTube showing the company’s plans.
The Planetary Resources website has been updated from the placeholder to a functioning website that describes their mission, technology, team, the asteroids, and opportunities with the company.
Investors are willing to assume the financial risk to push the envelope for science that has been stalled for too long.
They will have to control the introduction of mined resources to the market, lest it be flooded and all of their minerals become far lower in value.