The Register® — Biting the hand that feeds IT

Feeds

Another new asteroid-mining firm: 'First commercial space fleet'

Plus 'breakthrough' in space manufacturing

Cloud storage: Lower cost and increase uptime

A new space mining venture is all set to do battle with James Cameron’s asteroid mining outfit in an industry that isn’t even certain to be possible yet.

Deep Space Industries will announce “the world’s first fleet of commercial asteroid-prospecting spacecraft” later today in Santa Monica. The cosmic drill firm’s founders, “who include leaders in the space field”, will also be unveiled.

Adventurer and film-maker James Cameron announced early last year that he would join forces with Googlers Larry Page and Eric Schmidt, along with former Microsoftie Charles Simonyi and others, to set up his own asteroid mining biz, Planetary Resources.

Unfortunately for all prospecting space-goers, the actual technicalities of mining any asteroids in any sort of meaningful or profitable way are somewhat daunting, as more than one Reg hack has pointed out. However, Deep Space Industries is promising an animated video that shows off not just its spacecraft but “a breakthrough process for manufacturing in space”.

The company also claims to be “pursuing an aggressive schedule” for its mining ventures. ®

Customer Success Testimonial: Recovery is Everything

JMC

So when can I sign up to work for the Jupiter mining corp? Surely that is the better question

Beer cos no curry icon for Dave Lister

6
0

"wild west with lasers instead of six shooters?"

Sounds like the talk of a browncoat to me.

I'm sure once the Alliance asserts control everything'll be shiny.

5
0

Re: 'First commercial space fleet'

Didn't you read the article? They're made an *animated video*.

From an investor perspective this means they've practically gone into space already, all that's left is deciding what sort of noise the sliding doors will make :)

5
0

More from The Register

New material enables 1,000-meter super-skyscrapers
Before you read on, see if you can guess how the new stuff will be used
 breaking news
You've seen the Large Hadron Collider. Now comes the HUGE Hadron Collider
International Linear Collider ready to rock and roll
Boffins find evidence Atlantic Ocean has started closing
'Embryonic subduction zone' that flattened Lisbon headed for Blighty
Google launches broadband balloons, radio astronomy frets
A careless Loon could blind the square kilometre array
Headbangers have a gas, gas, gas in mosh pits
Boffins say heavy metal crowds behave like The Vapours
Hubble spies unlikely planet being born in hostile neighborhood
Hoovering a cloud of sand 7.5 billion miles from a tiny star
 breaking news
Latest NASA ASTRONAUT class is HALF FEMALE
Newbie 'nauts include lady Marine fighter pilot, male doctor
 breaking news
Jaguar to open new car-making factory in Blighty (virtually)
Britain still makes stuff, it's just not real any more...
 breaking news
Spin doctors brazenly fiddle with tiny bits in front of the neighbours
Quantum computer address bus just nanometres wide
 breaking news
China's second woman 'naut blasts off for coupling in HEAVEN
Wang and pals test the cosmic waters for Chinese space station