Planetary Resources dixit:
“Asteroid mining is the key to our future expansion into space.
Planetary Resources is conducting the first commercial exploration of resources on near Earth asteroids.
The first resource that we’re interested in is water. Water, when you break it down into the elements Hydrogen and Oxygen, is rocket fuel – currently the best way to get around the Solar System.
In much the same way that the economic activity on Earth is enabled by fossil fuels, in space, we will have a water-based economy. The Earth’s gravity well is so deep that the cost of bringing propellant from Earth to fuel that economy in space will be prohibitive.”
Read more about how asteroid mining is the key to our future expansion into space.
Video credit: Planetary Resources