NASA contracts two firms to work on asteroid mining

November 24, 2014 9:12 PM

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NASA contracts two firms to work on asteroid mining

"A profitable asteroid industry is upon us," said David Gump, marketing director for Deep Space Industries.

Both companies have been forging plans to launch asteroid-landing probes for months-long stints on near Earth objects -- with the aim of extracting valuable resources. Although such expeditions could theoretically return to Earth with valuable minerals, the financial viability of the concept relies ...

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