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 ")

Is 'The Pulsar Positioning System' Evidence For SETI?
'For a hyperspace jump, you need at least four beacons for an accurate fix.' - Harry Harrison, 1959.

Are Observed Radio Bursts An Alien Propulsion Technology?
'These cones were driven through space by light pressure, the possibilities of which force they had long utilized.' - Edmond Hamilton, 1929.

Caltech's ET Laboratory Looks For New Earths
'...set my automatic astronomical instruments to searching for a habitable planet.'- Edmond Hamilton, 1936.

Shh! USAF's Secret X-37B Space Plane Breaks Record
'More airplane than spaceship...' - Robert Heinlein, 1951.

 

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

Cattle Avoidance Feature In Indian Autonomous Cars
'The driver went about the business of gently slipping the teflon-coated metal scoop beneath the first animal...'

Project KOVR Fashion Protection From Infosphere
'... the entire shroudlike membrane took on whatever physical characteristics were projected at any nanosecond.'

Twist Bioscience High Density Digital Data On DNA
'They tied the memory to the bloodline and that was their record!'

'We're Not Creating A Terminator' Say Russians About Gun-Wielding Robot Fedor
Nobody is thinking about the Terminator. Westworld, maybe.

Vantablack Now IMMEASURABLY Black
'a black coating now that’s ninety-nine percent absorptive...'

Mercedes-Benz Autonomous Taxi Fleet In 3 Years
'... the taxi utilized sophisticated electronic sensors to perceive its surroundings.'

Is 'The Pulsar Positioning System' Evidence For SETI?
'For a hyperspace jump, you need at least four beacons for an accurate fix.'

Someday, You Might Like VR Enough To Move In
'That barrier was going to melt away someday soon. The transhumanists had promised...'

Humans Use Mental Power For Turtle Slavery
Now we need to start looking for animals with fingers...

Solar-Powered Moisture Vaporator
'The atmosphere yielded its moisture with reluctance.'

DxtER! Tricorder Prize Won By Final Frontier Medical Devices
We've been waiting a long time for this, Star Trek fans.

President Trump's Wall As Otra Nation Hyperloop
'...an hollow tube must be constructed the whole distance... as to admit a four wheeled carriage...'

Pickup Lines From Artificial Intelligences
'They hate us, you know... The humans. They'll stop at nothing.'

Pooper Scooper Drone Robot Watchdog 1
'Robots pick up the garbage and junk...'

Cassie Robot Brings AT-ST Walker To Life
There's even a log test!

Hundreds Of Robot Lawnmowers Invade Texas Town
'The mower reached the edge of the lawn, clucked to itself...'

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.