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Want to intern for an asteroid mining startup?

By | October 2, 2012, 9:35 AM PDT

Maybe you thought the James Cameron-backed startup Planetary Resources wasn’t serious when they announced their intention to mine asteroids and bring the precious resources back to Earth.

But it was no joke. The company recently announced what could be the coolest (paid!) internship ever (as long as it doesn’t turn out like this).

PRI’s vision is to mine near-Earth asteroids for raw materials, ranging from water to precious metals through the rapid development of innovative and cost-effective exploration technologies. Resource extraction from asteroids will deliver multiple benefits to humanity and grow to be valued at tens of billions of dollars annually. The effort will tap into the high concentration of precious materials found on asteroids and will provide a foundation for further space exploration and a sustainable supply of raw materials to the ever-growing population on Earth. It may sound like science fiction, but it’s just science!

Planetary Resources, Inc (PRI), The Asteroid Mining Company, is seeking qualified and enthusiastic candidates for paid cooperative education positions to assist in the development of new systems and technologies for the commercial robotic exploration of near Earth asteroids in our Bellevue, WA location. Applicants should have an interest in space systems design and application and should expect a hands-on, intense and dynamic work environment.

Here’s the kind of student they’re looking for. The gig starts next January.

Not a college student? Don’t worry, they’re also hiring a “General Space Nut.”

For more about Planetary Resources, check out this video:

[Via Grist]

Photo: Flickr/Lights In The Dark

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Tyler Falk

About Tyler Falk

Tyler Falk is a contributing editor for SmartPlanet.

Tyler Falk

Tyler Falk

Contributing Editor

Tyler Falk freelance journalist based in Washington, D.C. Previously, he was with Smart Growth America and Grist. He holds a degree from Goshen College.

Follow him on Twitter.

Tyler Falk

Tyler Falk

Tyler does not have financial holdings that would influence how or what he covers.

He writes for SmartPlanet and is not an employee of CBS.

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asteroid mining best for building in space, not on earth
Everyone knows how expensive it is to get mass out of a planetary gravity well. I think a lot of people forget that it would also be very expensive to bring mass into a planetary gravity well. Oh sure, we can bring stuff down fast and hot pretty easily - but we are also then adding undesireable polutants into the atmosphere - top to bottom; and we also have a fair idea what happens when objects stop fast (hit the earth) at the bottom.

With the exception of very rare or very light resources, the best current use of asteroid mining is to manufacture goods in space that stay in space.
Posted by Jim Johnson
3rd Oct
0 Votes
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Lagrangian points
Agree... Men would have to find ways to use the Lagrangian points available in the systems made of any two big mass bodies, such as Moon and Earth, for example, and 'park' their manufacturing facilities in Space, or get them to the Moon, and only export to Earth things that really worth doing. Water, for instance, may become a hot product since population does not stop growing. But I guess, it could just be left in orbit to slowly be falling toward the planet. Problem is, how do you 'charge' for it, since it would mix with the atmosphere's.
Posted by FuzzyIce
3rd Oct
0 Votes
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Water
While I agree with most of what you say water is not in any way in short supply on the planet Earth. There are some regions where it is but supplying it from space is not an answer. After all sea level is rising fast enough on its own.
Posted by riverat1
3rd Oct
0 Votes
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It's been happening naturally for billions of years
Asteroids and comets have been hitting the earth for billions of years. While nobody wants one to come down now, scientists think they are responsible for many of the resources on earth, especially water.

However, all it takes to safely bring down mass is what we used for bringing down our space capsules. Ablation shields and parachutes are relatively cheap, probably could be manufactured from materials on the asteroids, and leave the cargo intact.

And at some point we may come up with space elevators, which would make bringing down mass easy. We could even convert the enormous potential energy of a mass in orbit to electric power, though with easy access to space and solar energy probably nobody would bother.
Posted by zackers
Updated - 3rd Oct
0 Votes
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Only one intern position worth having.
In line with Mr. Johnson's above comment: The only intern position worth having in this venture would be as an intern to the project economist, assuming there is one. If there is such an economist on board, interning under said economist would the equivalent of an opportunity to intern under the world's greatest master magician - a magician capable of pulling a a giant hat out of a garden variety rabbit.

While I admire Mr. Cameron's ambition and imagination, his understanding of economic probabilities are sadly lacking - while his understanding of critical earth resource priorities is non-existent. It's always easy to stir ones imagination with the possibility of vast wealth. From man's survival perspective one resource's availability under it's current economic paradigm should take precedence over all others. Given current world population, and expected growth in the next 50 years, the world is going to run out of cheap rock phosphate as a resource to fuel its Green Revolution's food machine - which 95% of the earth's humans are already absolutely food dependent upon. In spite of 40 years of intensive R&D on replacing our diminishing reserves of cheap rock phosphates, no new economically equivalent phosphorous source has been developed. Without phosphorus to make the petroleum dependent NPK fertilizers, the earth's natural phosphorus replenishment cycle is only capable of maintaining about 2 billion people, not the 7 B we have now not the 10-15 50 years from now. Mr. Cameron, quit pissing away your resources and prioritize their use.
Posted by dduggerbiocepts
Updated - 3rd Oct
0 Votes
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Not the biggest problem
The "Green Revolution's food machine" is not sustainable in any case, the depletion of cheap phosphate is the least of its problems. Big ag uses it very wastefully, which has led to phosphate becoming a major water pollutant.

We need to stop wasting animal manure, in the first place. The use of cover crops to take up soluble nutrients so they don't leach away is also of great value - buckwheat is especially good at capturing P and making it available to subsequent crops. The use of fungal inoculants to increase the conversion of P to forms available to plants is also proving very valuable - most soils naturally contain plenty of P, but in the wrong chemical compounds.
Posted by Greenknight_z
4th Oct
0 Votes
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We already knew how to do this, we just didn't.
The initial concept has been around since the early 1900's, and in the 1970's they figured out how to do it. Nobody wanted to foot the bill to get the project going, even though it would more than pay for itself in the long term.

For anyone interested, the "Space Resources and Space Settlements (1977 study)" online paper from the National Space Society website has lots of detail on this in chapter 4.
http://www.nss.org/settlement/nasa/spaceres/index.html

BTW, in reference to the above argument, asteroids have Phosphorus, so problem solved happy
Posted by blackepyon01@...
Updated - 9th Oct
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