Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > NASA selects Deep Space Industries for two asteroid contracts Company collaborates with Near Earth LLC and Cornell University

Abstract:
NASA today awarded two contracts to Deep Space Industries Inc. to accelerate the agency's plans to partner with private industry on asteroid prospecting and harvesting. One will analyze commercial approaches to NASA's asteroid goals and how an industry-led asteroid economy can make crewed Mars missions safer, sooner, and less expensive. The second will examine several small asteroid-prospecting payloads that can be launched as hitchhikers on NASA missions.

NASA selects Deep Space Industries for two asteroid contracts Company collaborates with Near Earth LLC and Cornell University

Houston, TX | Posted on June 22nd, 2014

Participating with Deep Space on both successful proposals will be Near Earth LLC, which has been raising capital for satellite and space companies since 2002 (and over $15 billion since 1993 at prior investment banks). It also frequently provides financial and strategic advisory services to major aerospace companies, satellite operators, private equity firms, and hedge funds.

Dr. Mason Peck of Cornell University, a former Chief Technologist for NASA, will collaborate with Deep Space on the small ride-along payloads contract with research into tiny "Sprites" that could be released by the dozens or hundreds during asteroid encounters to gather wide-area data.

"Deep Space brings commercial insight to NASA's asteroid planning, because our business is based on supplying what commercial customers in Earth orbit need to operate, as well as serving NASA's needs for its Moon and Mars exploration," said CEO Daniel Faber. "The fuel, water, and metals that we will harvest and process will be sold into both markets, making available industrial quantities of material for expanding space applications and services."

"The space industry is transforming with new lower-cost launch options and inexpensive small satellites, trends that Deep Space intends to exploit for its prospecting missions," said Hoyt Davidson, Managing Member at Near Earth LLC. "These missions should position Deep Space for the next major growth opportunity in Space -- supplying space enterprises and governments with resources found and processed in space."

The first study will analyze the economic fundamentals of a commercially oriented Asteroid Initiative, and document the expanded exploration resources that industry could supply to NASA if this course were followed. NASA would receive greatly improved sampling/surveying technologies for the crew inspecting the captured asteroid at no cost to the agency. NASA also would gain use of potentially crucial resources harvested from the asteroid without needing to pay for the research and development costs required to unlock them.

Deep Space has several spacecraft types under development for its asteroid mineral surveys, all based on the same core subsystems. In the second study, the company will assess each of these spacecraft for compatibility with NASA's launch vehicle for its asteroid mission plus the initial launch of NASA's Space Launch System. The missions will be designed to further commercial and academic goals through innovations like Cornell's Sprites.

"Each Sprite is a functional spacecraft weighing less than a penny," said Dr. Mason Peck. "Sprites on Deep Space missions will be revolutionary new tools for gathering data across wide areas of interest, both on and around asteroids."

"A profitable asteroid industry is upon us," said David Gump, Vice Chair and Director of Marketing for Deep Space. "During the current prospecting phase, Deep Space revenue sources include providing data to scientists and NASA, and enabling corporate marketers to activate their customers through direct participation in the asteroid adventure."

The two system concept studies start next month and will be completed in six months in support the agency's Asteroid Redirect Mission (ARM). The full NASA announcement of the contract awards is at www.nasa.gov/asteroidinitiative.

####

For more information, please click here

Contacts:
David Gump
855-855-7755 x 501

Copyright © Deep Space Industries

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Zap! Graphene is bad news for bacteria: Rice, Ben-Gurion universities show laser-induced graphene kills bacteria, resists biofouling May 22nd, 2017

Leti Will Demo World’s-first WVGA 10-µm Pitch GaN Microdisplays for Augmented Reality Video at Display Week in Los Angles: Invited Paper also Will Present Leti’s Success with New Augmented Reality Technology That Reduces Pixel Pitch to Less than 5 Microns May 22nd, 2017

Sensors detect disease markers in breath May 19th, 2017

Graphene-nanotube hybrid boosts lithium metal batteries: Rice University prototypes store 3 times the energy of lithium-ion batteries May 19th, 2017

Govt.-Legislation/Regulation/Funding/Policy

Zap! Graphene is bad news for bacteria: Rice, Ben-Gurion universities show laser-induced graphene kills bacteria, resists biofouling May 22nd, 2017

Graphene-nanotube hybrid boosts lithium metal batteries: Rice University prototypes store 3 times the energy of lithium-ion batteries May 19th, 2017

Stanford scientists use nanotechnology to boost the performance of key industrial catalyst May 18th, 2017

Oddball enzyme provides easy path to synthetic biomaterials May 17th, 2017

Announcements

Zap! Graphene is bad news for bacteria: Rice, Ben-Gurion universities show laser-induced graphene kills bacteria, resists biofouling May 22nd, 2017

Leti Will Demo World’s-first WVGA 10-µm Pitch GaN Microdisplays for Augmented Reality Video at Display Week in Los Angles: Invited Paper also Will Present Leti’s Success with New Augmented Reality Technology That Reduces Pixel Pitch to Less than 5 Microns May 22nd, 2017

Sensors detect disease markers in breath May 19th, 2017

Graphene-nanotube hybrid boosts lithium metal batteries: Rice University prototypes store 3 times the energy of lithium-ion batteries May 19th, 2017

Aerospace/Space

Space energy technology restored to make power stations more efficient: Scientists use graphene to reinvent abandoned heat energy converter technology March 7th, 2017

Applied Graphene Materials plc - Significant commercial progress in AGM’s three core sectors March 3rd, 2017

Triboelectric Nanogenerators Boost Mass Spectrometry Performance March 1st, 2017

EmTech Asia breaks new barriers with potential applications of space exploration with NASA and MIT February 22nd, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project