The first commercial mission to harvest resources from asteroids could be launched within five years, as Luxembourg’s government works on joint missions with two U.S. space research companies to prospect for water and minerals in outer space through robotic missions.
Many components in your phones and batteries are made with “rare Earth metals.” You know why they call them that? Because they are actually rare on Earth, and we’re going to run out. But they’re not rare in space. Which is why today a company launched the prototype for a vehicle that will search for asteroids to mine beyond Earth.