X Prize founder Peter Diamandis and a former NASA astronaut are slated to unveil Planetary Resources, which boasts an impressive list of backers including Google co-founder Larry Page and famed film maker James Cameron.
"The company will overlay two critical sectors -- space exploration and natural resources -- to add trillions of dollars to the global GDP," Planetary Resources said in a brief release announcing the Tuesday press event in the Pacific Northwest city.
"This innovative start-up will create a new industry and a new definition of 'natural resources.'"
Mining materials and putting them in L-5 Orbit with a solar powered smelter. Has the opportunity to create zero g alloys. In gravity, molten metals segment apart.
In zero G you can create a whole new ranges of alloys.
Not to mention the the raw materials generated are building blocks for an orbiting space colony whose main industry is building power satellites (solar powered electric generation devices) Power sats covert raw sunlight to microwave energy beaming it down to desolate places on earth that coverts it into electricity.
The Space colony could be used to build more interplanetary spacecraft. Think of a fleet of prospectors out there. Much like the gold rush of the Yukon days.
That economic impetus to make a "strike" would spread humanity through the asteroid belt.
Water is no problem, there are asteroids that are trillions of metric tons of ice.
You have no idea how important this first move is.
If we get out into the Solar System, it changes everything.
The finite resource problem we have here on earth disappears if we get into space on an industrial basis.
Political rule by the plutocrats, falls off with distance. The asteroid belt is around six months away.
You might even have the asteroid belt declare independence in a hundred years from earth.
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