Second company sets sights on mining asteroids (Video)

A second company has made its bid to turn to space for profit by mining asteroids.

Deep Space Industries announced plans this week to send up an unmanned spacecraft in 2015 to survey for asteroids with valuable minerals, CFNews 13-TV reported Friday.

These 55-pound "FireFly" spacecraft, as they are called, will utilize low-cost CubeSat components and get discounted delivery to space by ride-sharing on the launch of larger communications satellites on journeys of two to six months.

Deep Space will be building a small fleet of the spacecraft using innovative miniature technologies and will work with NASA and other companies to identify targets of opportunity.

They plan to hitch a ride on an Atlas V, Delta 2 and Falcon Heavy rocket. There’s about 10,000 asteroids close to Earth to explore.

Deep Space Industries is the second company, behind Planetary Resources, to announce plans to mine asteroids for metals, water and other resources that could be used to power spacecraft.

Planetary Resources hopes to get its first unmanned probes into space by the end of this year.

This new era of space for profit has been described as the inevitable transition of the act of discovery from exploration to exploitation. It’s kind of like the New World or the American West.

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Johnny Kelly is well-versed in the science field and has gathered broad college experience from majoring in meteorology and geography.  He looks to provide the latest updates on science and space news as it develops and or changes.  You may contact Johnny with any comments and or questions.

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