Tue, Apr 24, 2012
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)
Also: Parrot Layoffs, CES/AMA Expo/KSMO, 737 SAIB, Piper PA-31T, John Pope, Washington State, JetBlue Disturbance Pending sanctioning from the recognizing organizations, it looks l>[...]
"But, all is not right in NIMBYville... the internal infighting among the foes of the airport has become quite public and quite vicious. Anti-airport NIMBYs are accusing the city g>[...]
February 4th 'Protest' Promises Disruptions Of Law-Abiding Aero-Businesses The foes of aviation surrounding Santa Monica are making threats to further disrupt aviation business at >[...]
Klyde Jumps On The Medical Reform Bandwagon... and Misses FMI: www.klydemorris.com>[...]
Updates Information Originally Published In 2015 Duncan Aviation wants to ensure that our customers, who share our passion for flying, are well-informed when it comes to the FAA&rs>[...]