• 5 minutes 'No - Deal Brexit' vs 'Operation Fear' Globalist Pushback ... Impact to World Economies and Oil
  • 8 minutes China has *Already* Lost the Trade War. Meantime, the U.S. Might Sanction China’s Largest Oil Company
  • 12 minutes Will Uncle Sam Step Up and Cut Production
  • 5 hours Danish Royal Palace ‘Surprised’ By Trump Canceling Trip
  • 6 hours Recession Jitters Are Rising. Is There Reason To Worry?
  • 14 mins A legitimate Request: France Wants Progress In Ukraine Before Russia Returns To G7
  • 46 mins Used Thin Film Solar Panels at 15 Cents per Watt
  • 5 hours China has invested btw $30 - $40 Billon in Canadian Oil Sands. Trump should put 10% tariffs on all Chinese oil exported into or thru U.S. in which Chinese companies have invested .
  • 12 hours US Shale Economic Impact: GDP gain realized in shale boom’s first 10 years
  • 10 mins IS ANOTHER MIDDLE EAST WAR REQUIRED TO BOLSTER THE OIL PRICE
  • 18 hours It's Not the Job of the Government to Dictate Where Businesses Should Go
  • 12 hours Wonders of US Shale: US Shale Benefits: The U.S. leads global petroleum and natural gas production with record growth in 2018
  • 19 hours Offshore subsea sub 50$/bbl : Rystad Energy: High stakes in store for subsea markets if oil falls to $50/bbl
  • 15 hours Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources
  • 16 hours Tit For Tat: China Strikes Back In Trade Dispute With U.S. With New Tariffs
  • 11 hours Domino Effect: Rashida Tlaib Rejects Israel's Offer For 'Humanitarian' Visit To West Bank
  • 10 hours NATGAS, LNG, Technology, benefits etc , cleaner global energy fuel
MINING.com

MINING.com

MINING.com is a web-based global mining publication focusing on news and commentary about mining and mineral exploration. The site is a one-stop-shop for mining industry…

More Info

Space Mining Faces Setback After Rocket Explosion

Rocket Explosion

Planetary Resources, the U.S.-based start-up aiming to mine asteroids, lost its first test satellite aboard the commercial rocket that exploded only six seconds after take-off Tuesday.

The unmanned rocket, contracted to Orbital Sciences Corp. by NASA, was carrying supplies to the International Space Station. Among the cargo was Planetary Resources’ Arkyd A3, a test vehicle that was to orbit Earth.

Related: 3D Printing Could Turn Space-Based Solar Power into a Reality

Shortly after the explosion, the company Tweeted: "Live to fly another day. Onward!,” followed by a “Cheer up everybody – A3 was just a robot! We are making more."

Twitter Reaction

Competitor Deep Space Industries took the defeat to heart and issued a press release saying that “a loss for one of us is a loss for all."

"We know how hard they have been working, and the high expectations we all had for their first mission.”

Related: Drones will Generate Energy at 50,000 Feet then Beam it Back to Earth

Arkyd A3 had been designed to test and validate technology and software for the asteroid miner’s planned Arkyd-100 space telescopes. It would have been the first of a series of orbital test flights scheduled for Planetary Resources, while Deep Space Industries’ test flights will begin in 2015.

Asteroids are rich in valuable minerals. An M-type asteroid, the third most common type, just one km diameter could contain more than two billion tons of iron ore and nickel, not to mention other riches such as platinum and diamonds.

By Cecilia Jamasmie

Source: www.mining.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play