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  Asteroid mining to start with space telescopes
 
  The Google, James Cameron space venture hinted at last week is all about asteroid mining, but first they will start with space telescopes.

The venture known as Planetary Resources eventually plans to go asteroid mining — but the first step in the billionaire-backed business plan is to launch an orbital fleet of "personal space telescopes" capable of looking out into the heavens or back down on Earth.

The venture, which was hinted at last week and is being formally unveiled Tuesday at Seattle's Museum of Flight, is sufficiently down to Earth to attract funding from such A-list investors as Google CEO Larry Page, Google executive chairman Eric Schmidt, Texas billionaire Ross Perot Jr. and spacefaring software executive Charles Simonyi. Filmmaker James Cameron has signed on as a senior adviser.

For more, check out this msnbc.com story.

 
      Posted by: Agitator!!, April 24, 2012, 2:58 am  

 
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