Monday November 30, 2020

Google bosses back asteroid mining company

Google's Larry Page and Eric Schmidt are among the backers of a venture to mine asteroids for trillions of dollars of precious metals.

24th April, 2012
2
A single metallic asteroid with a 500 metre diameter likely contains more platinum than all that has been extracted on Earth to date.

A new space mining venture backed by Google’s chief executive and chairman could either be a case of reaching for the stars or having their heads stuck in the clouds.

Chief executive Larry Page and chairman Eric Schmidt are among the backers of a venture to mine asteroids for trillions of dollars of precious metals, as Earth’s resources become strained.

Planetary Resources, based in Seattle, aims to launch a telescopic space...

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