Categories: AsteroidsCommercial Space

Planetary Resources: The Video

Planetary Resources, Inc. has announced its plan to mine Near Earth Asteroids for their raw resources, ranging from water to precious metals like platinum. Using their Arkyd line of spacecraft, they will head to NEOs for exploration and extraction. One of the founders, Eric Anderson said they will launch their first spacecraft within 24 months, and eventually build ‘gas stations’ in space to enable deep space exploration.

The founders of this company say that resource extraction from asteroids will deliver multiple benefits to humanity and could be valued at billions of dollars annually. “The effort will tap into the high concentration of precious metals found on asteroids and provide a sustainable supply to the ever-growing population on Earth,” they said.

Nancy Atkinson

Nancy has been with Universe Today since 2004, and has published over 6,000 articles on space exploration, astronomy, science and technology. She is the author of two books: "Eight Years to the Moon: the History of the Apollo Missions," (2019) which shares the stories of 60 engineers and scientists who worked behind the scenes to make landing on the Moon possible; and "Incredible Stories from Space: A Behind-the-Scenes Look at the Missions Changing Our View of the Cosmos" (2016) tells the stories of those who work on NASA's robotic missions to explore the Solar System and beyond. Follow Nancy on Twitter at https://twitter.com/Nancy_A and and Instagram at and https://www.instagram.com/nancyatkinson_ut/