Deep Space Industries has announced plans to use robot spacecraft to mine asteroids for precious metals and other minerals. It joins Planetary Resources announced plans in 2012 to “mine” asteroids to return precious metals back to Earth or lunar orbit. However Deep Space Industries is planning a different business model. Instead of sending raw materials directly back to Earth, it plans to use the materials to eventually manufacture components in space which would be sent to construct spacecraft and space stations in space or even to supply components to remote outposts on Earth.
Asteroid mining: Deep Space Industries is the latest entrant in race
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