Google Execs Joining Film Director James Cameron In Asteroid Venture | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Most Recent Daily Airborne

Airborne On ANN

Airborne On YouTube/Hi-Def/Mac Friendly

Monday

Airborne 01.26.15

Airborne 01.26.15

Tuesday

Airborne 01.27.15

Airborne 01.27.15

Wednesday

Airborne 01.28.15

Airborne 01.28.15

Thursday

Airborne 01.22.15

Airborne 01.22.15

Friday

Airborne 01.23.15

Airborne 01.23.15

Tue, Apr 24, 2012

Google Execs Joining Film Director James Cameron In Asteroid Venture

New Company To Be Rolled Out Tuesday

Some big money investors are reportedly behind a new venture that will be unveiled Tuesday in Seattle to mine asteroids. The company, called Planetary Resource, has as its business model extracting minerals and other resources from asteroids, which the company's founders say could add "trillions" to the global GDP.

If nothing else, the start-up venture has some big capital behind it. The founders of the company include Avatar director James Cameron, as well as several executives from Google, including its executive chairman Eric Scmidt and co-founder Larry page. Other investors include Peter Diamandis, who is the entrepreneur behind the X-Prize. Other Google and Microsoft heavyweights are reported to be in on the deal.

Reuters reports that the investment group plans to unveil the company on Tuesday at the Museum of Flight in Seattle. According to a news release announcing the roll-out, "This innovative start-up will create a new industry and a new definition of 'natural resources.'" (NASA Image)

FMI: http://science.howstuffworks.com/asteroid-mining.htm

Advertisement

More News

Airborne 01.27.15: USCG Rescue!, Two Eagles Over Pacific, UAV v White House

Also: Hartzell/Red Bull, GA Coalition, Aero-Calendar, Commemorative Air Force, Sarah Brightman To ISS, Hot Air Balloon Endurance Record The pilot of a single engine Cirrus SR22 air>[...]

Pipistrel Updates WattsUp Program

Gives Inside-The-Cockpit Look At The Prototype Electric Trainer Pipistrel on Monday released a video showing an inside-the-cockpit view of their new WattsUp electric trainer ... a >[...]

AD: Airbus Airplanes

AD NUMBER: 2014-26-08 PRODUCT: All Airbus Model A330-200, -200F, and -300 series airplanes.>[...]

ANN's Daily Aero-Linx (01.28.15)

The Google Lunar XPRIZE The Google Lunar XPRIZE consists of $30 million in prizes designed to inspire pioneers to do robotic space transport on a budget. Teams from around the worl>[...]

ANN's Daily Aero-Term (01.28.15): National Route Program (NRP)

A set of rules and procedures designed to increase the flexibility of user flight planning within published guidelines.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC