Climateer Investing: "Are Ross Perot Jr. and Google's Founders Launching a New Asteroid Mining Operation?"

Sunday, April 22, 2012

"Are Ross Perot Jr. and Google's Founders Launching a New Asteroid Mining Operation?"

From MIT's MIMS BITS:

An impressive array of backers are behind the new firm Planetary Resources.
On Tuesday, a new company called Planetary Resources will announce its existence at the Charles Simonyi Space Gallery at The Museum of Flight in Seattle. It's not clear what the firm does, but its roster of backers incudes Google cofounders Larry Page and Sergey Brin, filmmaker James Cameron, former Microsoftie (and space philanthropist) Charles Simonyi, and Ross Perot Jr., son of the former presidential candidate.
According to the company's press release (below):

[...] the company will overlay two critical sectors – space exploration and natural resources – to add trillions of dollars to the global GDP. This innovative start-up will create a new industry and a new definition of ‘natural resources’.
That sounds like asteroid mining. Because what else is there in space that we need here on earth? Certainly not a livable climate or a replacement for our dwindling supplies of oil.

* * *
FOR IMMEDIATE RELEASE
April 18, 2012
*** Media Alert *** Media Alert *** Media Alert ***
Space Exploration Company to Expand Earth's Resource Base
WHAT: Join visionary Peter H. Diamandis, M.D.; leading commercial space entrepreneur Eric Anderson; former NASA Mars mission manager Chris Lewicki; and planetary scientist & veteran NASA astronaut Tom Jones, Ph.D. on Tuesday, April 24 at 10:30 a.m. PDT in Seattle, or via webcast, as they unveil a new space venture with a mission to help ensure humanity's prosperity.
Supported by an impressive investor and advisor group, including Google’s Larry Page & Eric Schmidt, Ph.D.; film maker & explorer James Cameron; Chairman of Intentional Software Corporation and Microsoft’s former Chief Software Architect Charles Simonyi, Ph.D.; Founder of Sherpalo and Google Board of Directors founding member K. Ram Shriram; and Chairman of Hillwood and The Perot Group Ross Perot, Jr., the company will overlay two critical sectors – space exploration and natural resources – to add trillions of dollars to the global GDP. This innovative start-up will create a new industry and a new definition of ‘natural resources’.

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