Peter Diamandis and James Cameron Go AVATAR, Launch the First Asteroid Mining Company

Socrates /

Posted on: April 24, 2012 / Last Modified: April 24, 2012

Planetary Resources – the first asteroid mining company, has been mostly a secret up until now.

The company is backed by a number of billionaires and space enthusiasts. Director James Cameron, Google’s Larry Page and Eric Schmidt, X Prize founder Peter Diamandis and billionaire Ross Perot Jr., along with a number of other incredible minds, plan to mine the heavens and get rich beyond comprehension.

Even before the official news has broken there are already over 200 reports on the front pages of the Huffington Post, Drudge Report, Wall Street Journal and coverage has been growing exponentially.

However, the official launch is later on today (April 24th, 2012) when Planetary Resources co-founder & co-chairman Peter Diamandis will make the announcement via a live webcast at 10:30am Pacific Time.

You can watch the webcast here:

Asteroid mining will create a trillion-dollar industry (credit: Planetary Resources)


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