Economics

Company Wants to Mine Asteroids for Manufacturing

Not a plot from a movie

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A new private company called Deep Space Industries announced today that it intends to send a fleet of small spacecraft to near-Earth asteroids with the aim of mining resources and turning them into products using space-based 3-D printers.

Last year was thick with audacious private spaceflight company unveilings, including the announcement from Planetary Resources, Inc. of their plans to mine relatively valuable platinum group metals from asteroids. With the formation of Deep Space Industries, it seems that 2013 could see a new crop of private space companies with lofty goals.