NASA Misses $5Trillion Funding Boost

An asteroid believed to carry up to 90 million tons of platinum passed us by last weekend. Rats.


(Multi-trillion dollar asteroid)

The platinum-rich asteroid officially named 2011 UW158, is 452 meters by 1,011 meters in size and will pass Earth at a distance of an estimated 2.4 million kilometers, according to the Goldstone Radar Observatory. It will be 30 times closer to Earth than the closest planet of the Solar system.

The proximity of asteroid’s orbit to Earth has already put it on the ‘wish list’ for future robotic mining missions. According to different estimates, it might contain ore of precious metals and other minerals worth from $300 billion, to an incredible $5.4 trillion.

The so-called Planetary Resources group, an asteroid mining venture with financial backing from Google bosses Eric Schmidt and Larry Page, as well as British billionaire Richard Branson, defines asteroids like UW-158 as suitable for mining 'X-type,' having catalogued dozens of similar prospective targets across the solar system.

This circumstance was envisaged more than a century ago. Read Edison's Conquest of Mars by Garrett P. Serviss, who described asteroid mining in 1898:

I shall never forget the sight, nor the exclamations of wonder that broke forth from all of us standing around, when the yellow gleam of the precious metal appeared under the "star dust." Collected in huge masses it reflected the light of the sun from its hiding place.

Evidently the planet was not a solid ball of gold, formed like a bullet run in a mould, but was composed of nuggets of various sizes, which had come together here under the influence of their mutual gravitation, and formed a little metallic planet.

Judging by the test of weight which we had already tried, and which had led to the discovery of the gold, the composition of the asteroid must be the same to its very centre.

Via RT.

Scroll down for more stories in the same category. (Story submitted 7/5/2015)

Follow this kind of news @Technovelgy.

| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |

Would you like to contribute a story tip? It's easy:
Get the URL of the story, and the related sf author, and add it here.

Comment/Join discussion ( 0 )

Related News Stories - (" Space Tech ")

When Will We See The First Space Hotel?
'The heart of it was a vast hexagonal structure of welded metal, ten miles across...' - Jack Williamson, 1939.

SpaceX Starhopper Has Flash Gordon Style
SpaceX makes retro cool spacecraft.

A Floating Cosmodrome
'...a single perfectly level platform, which rose so high above the water that it was not splashed by the waves.' - Otfrid von Hanstein, 1930.

Space-Based Solar Power Roundup
Who first thought about this concept?

 

Google
  Web TechNovelgy.com   

Technovelgy (that's tech-novel-gee!) is devoted to the creative science inventions and ideas of sf authors. Look for the Invention Category that interests you, the Glossary, the Invention Timeline, or see what's New.

 

 

 

 

 

Current News

Entire Planet Modeled In New MS Flight Sim
'CIC uses [it] to keep track of every bit of spatial information that it owns...'

FlyZoo Robot Hotel By Alibaba
'... hotels that specialized in non-human service.'

Implanted Memories Provide Songs To Birds
Finches can't tell the difference.

Robot Tuna Swims As Fast As Nature's Tuna
'With one fluid motion, it surged forward, plunged, and was gone.'

Shapeshifter Robot Is Comprised Of Cobots
'Its lines wavered, flowed, and then painfully reformed. For an interval, the device struggled with itself...'

Google Commits To Fighting Deepfakes
'The program raced up the screen one scan line at a time, subtly smoothing, deleting and coloring.'

China Accused Of Harvesting Organs From Unwanted Groups
'The death penalty was his immortality, and he would vote the death penalty for any crime at all.'

Osmiridium Sounds Like Science Fiction (But It's Not!)
I can't resist science-fictional elements. Especially when they're real.

When Will We See The First Space Hotel?
'The heart of it was a vast hexagonal structure of welded metal, ten miles across...'

SpaceX Starhopper Has Flash Gordon Style
SpaceX makes retro cool spacecraft.

Mindar The Robot Buddhist Priest Offers A Blessing
'Not working is the hardest work of all.'

Does Your Company Need A 'Chief Dreamer'?
As far as the future is concerned 'they're the only experts we have'.

Helios Modular Touch Screen Wall Lights
'The walls and ceiling bore an irregular spacing of illuminum tiles...'

Zephyr Solar-Electric Stratospheric Drone
'The planes flew continuously, twenty-four hours a day...'

Robot Hummingbird Hovers Biomimetically
'With a buzz... it started out on its journey.'

Harvest Water From Air With Sunlight
'The atmosphere yielded its moisture with reluctance.'

More SF in the News Stories

More Beyond Technovelgy science news stories

Home | Glossary | Invention Timeline | Category | New | Contact Us | FAQ | Advertise |
Technovelgy.com - where science meets fiction™

Copyright© Technovelgy LLC; all rights reserved.