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 ")

Space Drones - UK's Effective Space To Launch Rocket Tugs
'Twenty rocket tugs towed it from its Earth hangar out into space.' - Nat Schachner, 1937.

ELROI Satellite 'License Plate'
Robert Heinlein was thinking about this in 1941.

Bezos Invites You To New Life In Off-World Colonies
'A new life awaits you!'

Build Your Own Space Suit For Cheap
'I'm going to pump the air from this room... so that the interior will be like airless and pressure-less space.'- Otto Willi Gail, 1929.

 

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

LA Subway Scanner, As Seen In 'Total Recall'
'I'm afraid to tell you this Mr. Quaid, but you have suffered a schizoed embolism...'

Sion Electric Car Covered With Solar Panels
'It drew its power from six square yards of sunpower screens on its low curved roof.'

PAL-V Liberty Flying Helicopter Car
'...lifted themselves to skimming flight upon whirling helicopters."

Space Drones - UK's Effective Space To Launch Rocket Tugs
'Twenty rocket tugs towed it from its Earth hangar out into space.'

DIY Autonomous Robot Detects Trash
'The search-bug detached itself and rolled forward.'

Ancient Russian Walking Excavator Would Be Perfect RV
I don't need it to go fast, it just needs to amble along.

ELROI Satellite 'License Plate'
Robert Heinlein was thinking about this in 1941.

When Robots Beg For Their Lives
"Just what do you think you're doing... Dave.'

Do You Still Want A Folding Screen Phone?
'A paper thin polycarbon screen unfurled...'

'Snapchat Dysmorphia' Now A Thing, Say Plastic Surgeons
'The program raced up the screen one scan line at a time, subtly smoothing, deleting and coloring.'

Quiet Electric Cars Law Finalized By US Transportation Department
'... a sound tape to supply the noise'

Drone Assassin Fails To Kill Venezuelan President
'The spotter descends, and we think it searches the vicinity, looking for the victim's face...'

Stick-On Tape Speakers, As Predicted By Bruce Sterling
Flexible tape speakers, someday.

Bezos Invites You To New Life In Off-World Colonies
'A new life awaits you!'

Amazon's Rekognition System Sees Criminals In Congress
'... the imprint of her image on the telephoto cell.'

Build Your Own Space Suit For Cheap
'I'm going to pump the air from this room... so that the interior will be like airless and pressure-less space.'

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.