• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Market Market
    Market News
    Market Stocks
    • Market Market
    • Market News
    • Market Stocks
    market news

    Obama Brings US Closer to Asteroid Mining

    Charlotte McLeod
    Apr. 08, 2013 10:14AM PST
    Market News

    The Washington Post reported that this week, President Barack Obama will request that NASA allocate $105 million toward a mission aimed at capturing a small asteroid and pulling it close to the moon so that samples can be brought back to earth. The project reportedly draws on asteroid mining and deflection science; NASA will determine whether it is feasible by this summer.

    The Washington Post reported that this week, President Barack Obama will request that NASA allocate $105 million toward a mission aimed at capturing a small asteroid and pulling it close to the moon so that samples can be brought back to earth. The project reportedly draws on asteroid mining and deflection science; NASA will determine whether it is feasible by this summer.

    As quoted in the market news:

    The president’s request includes $78 million for NASA to develop technologies for the project and $27 million for beefing up the agency’s asteroid-detection work. The mission would fulfill a goal Obama set three years ago to send astronauts to an asteroid.

    The mission would marry ongoing NASA projects, including asteroid detection, robotic spacecraft development, the construction of a giant new rocket — the Space Launch System — and the building of a deep-space human exploration capsule called Orion. A non-crewed test launch of Orion is set for next year.

    Under the plan, an Atlas V rocket would launch the robotic craft toward a 20- to 30-foot-wide asteroid. Upon arrival, the craft would deploy a big bag, stuff the asteroid into it and start motoring toward the moon. The Space Launch System and Orion would later deliver the human crew.

    Click here to read the full report from The Washington Post.
    market news
    The Conversation (0)

    Go Deeper

    AI Powered
    US Capitol dome with flag against a blue sky.

    Trump’s Big Beautiful Bill to Rewrite America’s Energy, Mining and Tech Future

    Two paper ships with cargo: China flag on left, US flag on right.

    Trump Takes Aim at China with Deep-Sea Mining Nod, Looks to Boost Critical Minerals

    Latest News

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×