Deep Space Industries will venture into asteroid-mining

A new venture dubbed Deep Space Industries is jumping into the marketplace for asteroid mining — joining a billionaire-backed company called Planetary Resources in what they hope will eventually turn into a trillion-dollar business.

In a press advisory, Deep Space Industries says it will create “the world’s first fleet of commercial asteroid-prospecting spacecraft.” The venture also promises to develop a “breakthrough process for manufacturing in space.”

via Cosmic Log.

Another company has thrown their hat into the asteroid mining ring. Be sure to click through the link and look at the picture they’ve generated showing a space station being constructed next to an asteroid being mined.

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