• 3 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 5 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 9 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 12 minutes China's Blueprint For Global Power
  • 5 hours Science: Only correct if it fits the popular narrative
  • 49 mins Crazy Stories From Round The World
  • 2 days EU has already lost the Trump vs. EU Trade War
  • 17 hours What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 24 hours Do The World's Energy Policies Make Sense?
  • 1 day China's Renewables Boom Hits the Wall
  • 8 hours Iran Burning: Shock Gas Price Hike Triggers Violent Protests After Subsidy Cuts
  • 4 hours Impeachment Nonsense
  • 1 day Forget out-of-date 'dirty oil' smear, Alberta moving to be world's cleanest oil industry
  • 8 hours Atty General Barr likely subpeona so called whistleblower and "leaker" Eric Ciaramella
  • 2 days Water, Trump, and Israel’s National Security
  • 2 days Tesla Launches Faster Third Generation Supercharger
  • 17 hours Who writes this stuff? "Crude Prices Swing Between Gains, Losses"

Breaking News:

Russia Plans To Boost Crude Oil Exports

Another Trade War Threat Emerges

Another Trade War Threat Emerges

Hong Kong has become the…

Natural Gas Is Fighting For Survival

Natural Gas Is Fighting For Survival

Natural gas is considered a…

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 in space, 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