Mining platinum from asteroids and selling the refined commodity is a venture that has the potential to be lucrative but has seen its share of attempts and failures for decades.
Lauren Schatzman / NBC NewsMatt Gialich knows the cosmic odds are against him, but he doesn’t seem to care.
“If we work out, this is very, very lucrative,” he said. “I don’t hesitate to say it’s probably the most valuable company ever created, if we’re successful.” To overcome some of those technological hurdles, some companies have focused on mining water from icy deposits on the moon or space rocks first before jumping to precious metals.
Binzel said he has consulted potential investors on the topic of space-based resources before, and has highlighted each time the enormous challenges of such operations.
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