Tag: Eric Schmidt

Not Many Billionaires Focused on Commercial Space

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Richard Branson and then-Gov. Bill Richardson. (Credit: Douglas Messier)

By Douglas Messier
Parabolic Arc Managing Editor

Forbes has released its annual list of the world’s billionaires. There are a record 1,426 individuals with an aggregate net worth of $5.4 trillion in the world. The table below shows the tiny handful of this group — nine individuals — who are currently or have been previously involved in space projects.

Rank Name Net Worth (Billions) Age Nationality Company/
Business
Space Project(s)

19

Jeff Bezos $25.2 49 American Amazon.com CEO, Founder Blue Origin

20

Larry Page $23.0 39 American Google CEO, Co-founder Google Lunar X Prize, Planetary Resources
21 Sergey Brin $22.8 39 American Google Co-founder Google Lunar X Prize
53 Paul Allen $15.0 60 American Microsoft Co-founder Stratolaunch, SpaceShipOne
SETI array
138 Eric Schmidt $8.2 57 American Google Chairman Google Lunar X Prize, Planetary Resources
272 Richard Branson $4.6 62 British Virgin Group CEO, Founder Virgin Galactic
527 Elon Musk $2.7 41 American PayPal, Tesla Motors, Solar City SpaceX
831 Guy Laliberte $1.8 53 Canadian Cirque du Soleil Space tourist
1031 H. Ross Perot, Jr. $1.4 54 American computer services, real estate Planetary Resources

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Private Sector Seeks Profit, Adventure Beyond Earth Orbit

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Credit: Golden Spike Company

By Douglas Messier
Parabolic Arc Managing Editor

With human flights beyond Earth orbit not expected to occur for at least eight years, the private sector is increasingly eying deep space for a series of ambitious robotic and human missions for both adventure and profit.

Nine programs are currently underway that include robotic and human landings of the moon, human flybys of the moon and Mars, the mining of the moon and asteroids, and even a settlement on Mars. Backers of these initiatives include the X Prize Foundation, Google and its executives, and the world’s first space tourist, Dennis Tito.

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Planetary Resources Unveils Asteroid Mining Plan

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Seattle, Wash. – Planetary Resources PRApril 24, 2012  – Planetary Resources, Inc. announced today its plan to mine Near-Earth Asteroids (NEAs) for raw materials, ranging from water to precious metals. Through the development of cost-effective exploration technologies, the company is poised to initiate prospecting missions targeting resource-rich asteroids that are easily accessible.

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 metals found on asteroids and provide a sustainable supply to the ever-growing population on Earth.

A single 500-meter platinum-rich asteroid contains the equivalent of all the Platinum Group Metals mined in history.

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New Study Says Asteroid Retrieval and Mining Feasible With Existing and Near-Term Technologies

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Illustration of an asteroid retrieval spacecraft in the process of capturing a 7-m, 500-ton asteroid. (Image Credit: Rick Sternbach / KISS)

By Douglas Messier
Parabolic Arc Managing Editor

A new study sponsored by the Keck Institute for Space Studies (KISS) has concluded that it would be possible to return an asteroid weighing approximately 500 metric tons to high lunar orbit where it would be mined for resources by 2025.

The Asteroid Retrieval Feasibility Study, published on April 2, was prepared for KISS, NASA Jet Propulsion Laboratory, and the California Institute of Technology (Caltech). Co-leaders of the study included John Brophy of NASA JPL/Caltech, Fred Culick of Caltech, and Louis Friedman of The Planetary Society and participants included representatives of other NASA centers, various universities, institutes and private companies.

The report may provide a preview of what a new company named Planetary Resources spearheaded by the X PRIZE Foundation’s Peter Diamandis will unveil during a press conference in Seattle next Tuesday. Two of the 34 study participants were Planetary Resources President and Chief Engineer Chris Lewicki and former astronaut Tom Jones, who is an adviser to the company. The start-up – which is backed by Google billionaires Larry Page and Eric Schmidt, Microsoft mogul Charles Simonyi, filmmaker James Cameron, and Ross Perot, Jr. – says it will “overlay two critical sectors – space exploration and natural resources – to add trillions of dollars to the global GDP. This innovative start-up will create a new industry and a new definition of ‘natural resources’.”

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Diamandis, Anderson and Simonyi to Launch Extraterrestrial Mining Company

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MEDIA ALERT

Join visionary Peter H. Diamandis, M.D.; leading commercial space entrepreneur Eric Anderson; former NASA Mars mission manager Chris Lewicki; and planetary scientist & veteran NASA astronaut Tom Jones, Ph.D. on Tuesday, April 24 at 10:30 a.m. PDT in Seattle, or via webcast, as they unveil a new space venture with a mission to help ensure humanity’s prosperity.

Supported by an impressive investor and advisor group, including Google’s Larry Page & Eric Schmidt, Ph.D.; film maker & explorer James Cameron; Chairman of Intentional Software Corporation and Microsoft’s former Chief Software Architect Charles Simonyi, Ph.D.; Founder of Sherpalo and Google Board of Directors founding member K. Ram Shriram; and Chairman of Hillwood and The Perot Group Ross Perot, Jr., the company will overlay two critical sectors – space exploration and natural resources – to add trillions of dollars to the global GDP. This innovative start-up will create a new industry and a new definition of ‘natural resources’.

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Google’s Brin, Page Top Forbes List of Billionaire Space Tourism Supporters

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Forbes – that arbiter of all things extravagant – has come out with its annual list of the world’s richest people.  The tally includes five billionaires who are playing major roles in commercial space and space tourism.

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