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Planetary Resources: the new asteroid mining project backed by James Cameron and Google executives

9 updates since Apr 18, 2012, 5:37 PM UTC
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Planetary Resources, a company founded by several space entrepreneurs and backed by such high-profile names as James Cameron, Larry Page, and Eric Schmidt, plans to begin prospecting for natural resources like water or precious metals in near-Earth asteroids (NEAs) by 2022. Co-founder Peter Diamandis claims that "everything we hold of value on Earth — metals, minerals, energy, real estate, water — is in near-infinite quantities in space."