NASA's Lucy spacecraft just completed a flyby of asteroid Dinkinesh, a small asteroid located in the asteroid belt between Mars and Jupiter, and discovered something new: a mini-moon in its small orbit. Dinkinesh itself measures just half a mile across, and its tiny satellite is even smaller, with a diameter...
The Long March-2F Y17 launch vehicle and the Shenzhou-17 crew spacecraft were transported to the Jiuquan Satellite Launch Center in China for a mission to the China Space Station. The rocket has undergone 25 technical changes aimed at improving reliability, safety, and launch site operations. The Shenzhou-17 spacecraft, carrying China's...
NASA's Psyche spacecraft, roughly the size of a tennis court when its solar arrays are deployed, is equipped with cutting-edge technology and science instruments. Its main computer, flight software, and telecommunications systems were developed by NASA’s Jet Propulsion Laboratory (JPL), while Maxar Technologies provided the main body and most engineering...
NASA has initiated a groundbreaking mission to the metallic asteroid Psyche, located between Mars and Jupiter, using a SpaceX Falcon Heavy rocket. Managed by NASA's Jet Propulsion Laboratory, the mission aims to address crucial questions about the formation of our solar system and also assess the asteroid's mineral resources. The...
The Smithsonian’s National Museum of Natural History in Washington, D.C., marked a notable event with the debut of a piece of asteroid Bennu. This sample is part of the collection...
It's hard to quantify the worth of scientific breakthroughs. However, the commercial viability of asteroid mining remains questionable, unless we're imagining a scenario straight out of science fiction where metals...
NASA's upcoming mission to asteroid 16 Psyche could have groundbreaking implications for both planetary science and the nascent asteroid mining industry. Though valued at an astounding $100,000 quadrillion, the real...
As space agencies intensify their focus on asteroids, the space mining industry is also on the rise, garnering attention from economists. A study by Ian Lange from the Colorado School of Mines suggests that within 30 to 40 years, the production of some metals from space could surpass their Earthly...
The Business Research Company's "Earth and Space Mining Sensors Global Market Report 2023" predicts the market will grow to $1.81 billion by 2027, with a CAGR of 7.8%. The report attributes this growth to rising demand for metals and minerals and forecasts North America to hold the largest market share....
A new white paper offers valuable insights into the burgeoning industry of space mining. The research covers key topics, including the unique challenges and safety considerations of extracting resources like water ice, precious metals, and rare earth elements in space. Additionally, the paper explores the legal landscape of space mining,...
A recent paper outlines key areas for future research to better understand the implications and potential of space mining for sustainable growth on Earth. These areas include the development of more comprehensive growth models, understanding the optimal sequence of mining and processing in space versus Earth, and more closely examining...
In 2020, North America held the largest share of the global space mining market, accounting for around 51.11% due to increased government and private sector investment. Type C (Chondrite) asteroids were the most targeted, comprising about 56.51% of the market share. These asteroids make up over 75% of all known...