Apr 21, 2016

Who Will Protect Us From Space Pirates?

Posted by in categories: business, robotics/AI, space

It may sound like sci-fi. But millions and millions of dollars are pouring into projects to mine asteroids and the moon. And with a space gold rush comes space pirates.

With trillions of dollars worth of minerals lying just under the moon’s surface or spinning around the solar system inside asteroids, space mining is big business.

Well, big potential business. No one has dug nickel out of an asteroid or scooped any tantalum from the lunar dust—at least not for profit. Before space miners can get drilling, they need to invent specialized industrial robots, set up orbital outposts and—arguably most importantly—convince investors, workers, and prospective buyers that space minerals are worth the cost and effort of mining them.

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