18 April, 2012

Mystery company backed by James Cameron and Google executives may be an asteroid mining project | The Verge

Mystery company backed by James Cameron and Google executives may be an asteroid mining project | The Verge: 50
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MIT's Technology Review has just gotten news of a mysterious new project that claims it will "create a new industry and a new definition of 'natural resources.'" Space exploration company Planetary Resources will be unveiled in a conference call on Tuesday, April 24th. Besides the audacious announcement, which promises to "overlay two critical sectors — space exploration and natural resources — to add trillions of dollars to the global GDP," what makes this unique is its high-profile support group. The venture is backed by Google executives Larry Page and Eric Schmidt, director James Cameron, and politician Ross Perot's son, among others.