Google founders and others appear to be putting together an Asteroid mining venture

Technology Review – There will soon be an announcement of a new space resources venture involving Ross Perot, the Google founders, James Cameron and other wealthy backers. It seems like it will be an asteroid mining businesses.The press release teaser talks about trillions in resources. The time seems ripe with Spacex likely to bring down the costs for space launch over the next few years and solar electric sails and other new technology that would enable new capabilities in space. A well funded group could leverage bootstrapping systems to rapidly lower costs by building incremental infrastructure. Take things into space that lower the costs of the trips that follow.

If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks