Private Asteroid Mining Company Unveils New Project Today: How to Watch Live

Planetary Resources, Inc. Logo
Planetary Resources will help sustain humanity’s future by accessing the vast resources of space, company officials say. (Image credit: Planetary Resources, Inc.)

Update: The news is out. Read our latest on Planetary Resources' plan here: Asteroid Miners to Launch World's 1st Crowdfunded Space Telescope

A private asteroid mining company will announce a new plan to help humanity explore the universe today (May 29) and you can watch it live.

At 1 p.m. EDT (1700 GMT), Planetary Resources will host a live streamed event that will "announce an unprecedented project that will change the way humanity explores the cosmos," according to a news announcement from the company.

You can watch the announcement live here on beginning at 1 p.m. EDT (1700 GMT).

Planetary Resources representatives Peter Diamandis, Eric Anderson and Chris Lewicki will take part in the event from Seattle, Wash. They will be joined by video blogger Hank Green.

According to the news release, the program being unveiled by the company today:

  • Gives students, teachers and the public access to the most innovative space observation technology ever built — This technology would have cost [more than $1 million] to build and launch less than a decade ago; and today, it will be controlled by students around the world to explore the cosmos.
  • Offers the opportunity for the public to directly participate in cutting-edge citizen science and discovery — Delivers a resource to thousands of institutions and researchers in need of greater access to space to further their work and rate of scientific discovery.
  • Invites the public to participate in Planetary Resources’ asteroid mining mission — Anyone with an interest in space can play a role in opening up the solar system for human activity.

Planetary Resources is financially backed by Google's Larry Page and Eric Schmidt among others. In 2014, the company is planning to launch a set of small cubesat satellites to orbit Earth. Officials from the company eventually hope to launch robotic missions that are designed to mine raw materials from commercially viable asteroids in the solar system.

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Miriam Kramer
Staff Writer

Miriam Kramer joined as a Staff Writer in December 2012. Since then, she has floated in weightlessness on a zero-gravity flight, felt the pull of 4-Gs in a trainer aircraft and watched rockets soar into space from Florida and Virginia. She also served as's lead space entertainment reporter, and enjoys all aspects of space news, astronomy and commercial spaceflight.  Miriam has also presented space stories during live interviews with Fox News and other TV and radio outlets. She originally hails from Knoxville, Tennessee where she and her family would take trips to dark spots on the outskirts of town to watch meteor showers every year. She loves to travel and one day hopes to see the northern lights in person. Miriam is currently a space reporter with Axios, writing the Axios Space newsletter. You can follow Miriam on Twitter.