Deep Space Industries announces Prospector-1- First Commercial Interplanetary Mining Mission with target date by 2020

Deep Space Industries announced its plans to fly the world’s first commercial interplanetary mining mission. Prospector-1™ will fly to and rendezvous with a near-Earth asteroid, and investigate the object to determine its value as a source of space resources.

This mission is an important step in the company’s overall plans to harvest and supply in-space resources to support the growing space economy.
“Deep Space Industries has worked diligently to get to this point, and now they can say with confidence that we have the right technology, the right team and the right plan to execute this historic mission,” said Rick Tumlinson, chairman of the board and co-founder of Deep Space Industries. “Building on our Prospector-X mission, Prospector-1 will be the next step on our way to harvesting asteroid resources.”

Deep Space Industries and its partner, the government of Luxembourg, plans to build and fly Prospector-X™, an experimental mission to low-Earth orbit that will test key technologies needed for low-cost exploration spacecraft. This precursor mission is scheduled to launch in 2017. Then, before the end of this decade, Prospector-1 will travel beyond Earth’s orbit to begin the first space mining exploration mission.

“DSI’s Prospector missions will usher in a new era of low cost space exploration” said Grant Bonin, chief engineer at Deep Space Industries. “DSI is developing Prospector-1 both for its own asteroid mining ambitions, as well as to bring an extremely low-cost, yet high-performance exploration capability to the market. We hope to enable both existing and new public and private organizations to explore the inner solar system using this affordable platform.”

Prospector-1 is a small spacecraft (50 kg when fueled) that strikes the ideal balance between cost and performance. In addition to the radiation-tolerant payloads and avionics, all DSI spacecraft use the Comet™ water propulsion system, which expels superheated water vapor to generate thrust. Water will be the first asteroid mining product, so the ability to use water as propellant will provide future DSI spacecraft with the ability to refuel in space.

“During the next decade, we will begin the harvest of space resources from asteroids,” said Daniel Faber, CEO at Deep Space Industries. “We are changing the paradigm of business operations in space, from one where our customers carry everything with them, to one in which the supplies they need are waiting for them when they get there.”

The destination asteroid will be chosen from a group of top candidates selected by the world renowned team of asteroid experts at Deep Space Industries. When it arrives at the target, the Prospector-1 spacecraft will map the surface and subsurface of the asteroid, taking visual and infrared imagery and mapping overall water content, down to approximately meter-level depth. When this initial science campaign is complete, Prospector-1 will use its water thrusters to attempt touchdown on the asteroid, measuring the target’s geophysical and geotechnical characteristics.

The DSI Comet-1™ electrothermal thruster uses the most abundant resource in the solar system—water—as propellant. It is intrinsically inert, launch safe, and cost-effective. This low-power, low-profile, high total impulse micropropulsion system is CubeSat-compatible but incorporates a highly-flexible interface suitable for a wide range of spacecraft sizes.

SOURCES- Deep Space Industries, Youtube