Deep Space Industries announces world’s first interplanetary mining mission

By Ben Cole

Deep Space Industries has announced plans to fly the world’s first interplanetary mining mission. Prospector-1 will fly to an asteroid near Earth and investigate it to determine its value as a source of space resources.

It will be part of two Prospector missions, the other being Prospector X, an experimental mission to low Earth orbit that will be used as a test for key technologies needed for low cost space exploration and will launch in 2017. Prospector-1 will follow before the end of this decade and travel beyond the Earth’s orbit to begin the first space mining exploration mission.

Grant Bonin, chief engineer at DSI, said: “Our Prospector missions will usher in a new era of low cost space exploration. We are developing Prospector-1 both for our own asteroid mining ambitions, but also to bring an extremely low-cost, yet high-performance exploration spacecraft to the market. At a tiny fraction of what traditional custom-built space probes cost, the Prospector platform has the versatility and ruggedness of design to become the new standard for low cost space exploration.”

The asteroid that Prospector-1 lands on will be chosen from a group of top candidates, selected by the asteroid experts at Deep Space Industries. Once it arrives, Prospector-1 will map the surface and the subsurface of the asteroid, taking visual and infrared imagery and mapping water content. Once this is complete, the spacecraft will attempt to land on the asteroid, measuring geophysical characteristics.

“During the next decade, we will begin the harvest of space resources from asteroids,” said Daniel Faber, CEO at Deep Space Industries. “We are changing the paradigm of business operations in space, from one where our customers carry everything with them, to one in which the supplies they need are waiting for them when they get there.”

The Prospector missions will demonstrate DSI’s low cost, high performance approach to space exploration. The prospector platform is now available to government and commercial explorers interested in developing low cost mission of their own. 

Follow @BizReviewUSA and @NellWalkerMG

Read the August issue of Business Review USA & Canada here

Share
Share

Featured Articles

Amelia DeLuca, CSO at Delta Air Lines on Female Leadership

Driving decarbonisation at Delta Air Lines, Chief Sustainability Officer Amelia DeLuca discusses the rise of the CSO and value of more women in leadership

Liz Elting – Driving Equality & Building Billion-$ Business

Founder and CEO Liz Elting Turned Her Passion into Purpose and Created a Billion-Dollar Business While Fighting for Workplace Equality – and Winning

JPMorgan Chase: Committed to supporting the next generation

JPMorgan has unveiled a host of new and expanded philanthropic activities totalling US$3.5 million to support the development of apprenticeship programmes

How efficient digital ecosystems became business critical

Technology & AI

Mastercard: Supporting clients at a time of rapid evolution

Digital Strategy

Why Ceridian has boldly rebranded to Dayforce

Human Capital