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Space

New Asteroid Mining Company Emerges 148

coondoggie writes "A new company intends by 2015 to send a fleet of tiny satellites to mine passing asteroids for high-value metals. Deep Space Industries Inc.'s asteroid mining proposal begins in 2015, when the company plans to send out a squadron of 55lb cubesats, called Fireflies, that will explore near-Earth space for two to six months looking for target asteroids. The company's CEO said, 'Using resources harvested in space is the only way to afford permanent space development. More than 900 new asteroids that pass near Earth are discovered every year. They can be like the Iron Range of Minnesota was for the Detroit car industry last century — a key resource located near where it was needed. In this case, metals and fuel from asteroids can expand the in-space industries of this century. That is our strategy.'"
Mars

VASIMR Ion Engine Could Cut Mars Trip To 39 Days 356

An anonymous reader writes "It would take about 39 days to reach Mars, compared to six months by conventional rocket power. 'This engine is in fact going to be tested on the International Space Station, launched about 2013,' astronaut Chris Hadfield said. The Variable Specific Impulse Magnetoplasma Rocket (VASIMR®) system encompasses three linked magnetic cells. The 'Plasma Source' cell involves the main injection of neutral gas (typically hydrogen, or other light gases) to be turned into plasma and the ionization subsystem. The 'RF Booster' cell acts as an amplifier to further energize the plasma to the desired temperature using electromagnetic waves. The 'Magnetic Nozzle' cell converts the energy of the plasma into directed motion and ultimately useful thrust."

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