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Saturday, 21 April 2012 - Google execs, director Cameron in space venture |
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See the best of Reuters photography.  See more | Photo caption  Weird world records From who can wear the most bees to who can unicycle the longest.   Slideshow  Protests in Bahrain Anti-government demonstrations continue in Bahrain.  Slideshow  Google execs, director Cameron in space venture Tweet Share this Email Print Related News Is humanity quietly abandoning a future in space? Wed, Apr 18 2012 Space shuttle Discovery makes final flight to museum Tue, Apr 17 2012 Google stock split helps Page, Brin maintain grip Thu, Apr 12 2012 Google view on mobile ads awaited at CEO's 1-year anniversary Wed, Apr 11 2012 "Titanic" director makes first solo dive to Earth's deepest point Mon, Mar 26 2012 Analysis & Opinion Cameron urges Muslim Brotherhood, other Islamists to learn from Indonesia Google rejoins tech’s governance race to bottom Related Topics Science » Tech » Media » Larry Page, Google co-founder, listens as Google CEO Eric Schmidt (R) talks to reporters at the Sun Valley Inn in Sun Valley, Idaho July 9, 2009. Credit: Reuters/Rick Wilking SAN FRANCISCO | Fri Apr 20, 2012 8:52pm EDT SAN FRANCISCO (Reuters) - Google executive chairman Eric Schmidt and billionaire co-founder Larry Page have teamed up with "Avatar" director James Cameron and other investors to back an ambitious space exploration and natural resources venture, details of which will be unveiled next week. The fledgling company, called Planetary Resources, will be unveiled at a Tuesday news conference at the Museum of Flight in Seattle, according to a press release issued this week. Aside from naming some of the company's high-profile backers, the press release disclosed tantalizingly few details, saying only that the company will combine the sectors of "space exploration and natural resources" in a venture that could add "trillions of dollars to the global GDP." The Wall Street Journal reported Friday that Planetary Resources will explore the feasibility of mining natural resources from asteroids, a decades-old concept. "This innovative start-up will create a new industry and a new definition of 'natural resources,'" according to the press release. Planetary Resource was co-founded by Eric Anderson, a former NASA Mars mission manager, and Peter Diamandis, the commercial space entrepreneur behind the X-Prize, a competition that offered $10 million to a group that launched a reusable manned spacecraft. Other notable investors include Charles Simonyi, a former top executive at Microsoft, and K. Ram Shriram, a Google director. The venture will be the latest foray into the far-flung for Cameron, who dived last month in a mini-submarine to the deepest spot in the Mariana Trench. The plot of his 2009 science fiction blockbuster film, "Avatar," concerned resource mining on alien planets. (Reporting By Gerry Shih; Editing by Bernard Orr) Science Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints   We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) gee.la wrote:   Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter   Facebook   LinkedIn   RSS   Podcast   Newsletters   Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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