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A private company with long-term interests in mining asteroids officially announced plans for a low-cost mission to study a near-Earth asteroid and report on its composition, which could serve as the basis for future mining efforts.
Jim Benson, chairman of SpaceDev, announced the Near Earth Asteroid Prospector (NEAP) mission at a Washington press conference September 9. The spacecraft is designed to fly to a nearby asteroid and perform a scientific analysis of it, with the data returned sold to NASA, universities, and other interested parties.
"We will sell our science to anyone willing to pay for it," Benson said. "It's a common sense, business approach to deep space."
NEAP is similar to NASA's Near Earth Asteroid Rendezvous (NEAR) spacecraft, launched last year and en route to the asteroid Eros. Benson, though, said his spacecraft would be able to return high-quality data on another asteroid at a mission cost of $50 million, less than a fourth of the cost of NEAR.
"Space is a place, not a government program," Benson said, a statement similar to that used by some space activists in recent years.
Benson said the company is in the process of raising funds for the mission. The spacecraft could be launched as soon as late 1999.
Next month SpaceDev will release an announcement of opportunity for participation in the NEAR mission by companies, schools, and space agencies. The announcement will include a "price list" for various types of space on the spacecraft that scientists could use for experiments.
NEAP is the first, small step in a program that could eventually lead to mineral extraction from asteroids. A future mission would return samples of an asteroid to Earth. Any actual efforts to mine asteroids, though, would come much farther in the future, Benson said.
While asteroid mining is usually considered to be the extraction of metals and other minerals, one of the most profitable early products of asteroid mining could be ice, said John Lewis of the University of Arizona at the press conference.
Water ice could be extracted from the extinct cores of comets, which may compose a significant fraction of near-Earth asteroids. Water can be used for a variety of purposes, and can be broken down into hydrogen and oxygen for breathing and for rocket fuel.
Benson said a typical stony asteroid, which is one of the poorest in mineral wealth, could contain several trillion dollars in useful materials.
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