Event Thu 10/10: The Coming Economy of Space Resources
In 2012, Planetary Resources was announced as the first asteroid mining company, followed shortly thereafter by the announcement of Deep Space Industries. Both companies had high profile investors and big plans to mine asteroids for water, metals and other minerals and spark a new gold rush in space. Six years later, both companies were struggling and wound up being sold to acquirers having nothing to do with space resources. What is the reality of extracting…