Director James Cameron, who just made history piloting a submersible 7 miles below the surface of the Pacific in the Mariana Trench, appears to have his sights on the opposite direction with investors who include Google cofounder Larry Page and its former CEO Eric Schmidt, former Microsoft executive (and space philanthropist) Charles Simonyi and Ross Perot Jr., son of the former presidential candidate. The venture known as Planetary Sources is scheduled to be announced Tuesday in Seattle. Information about the impending announcement was posted today on MIT’s Technology Review. The release says “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’.” The MIT blog suggests the venture “sounds like asteroid mining. Because what else is there in space that we need here on earth? Certainly not a livable climate or a replacement for our dwindling supplies of oil.” The press conference will take place at the Museum of Flight in Seattle on Tuesday, April 24 at 10:30 a.m. PDT and will be available via webcast.
Is James Cameron Investing In Asteroid Mining Project?
What's Hot on Deadline
PGA Awards: 'The Shape Of Water' Wins Outstanding Producer; 'Handmaid's Tale', 'Mrs. Maisel' Tops In TV - Full Winners List
'SNL' Highlights: Stormy Does Update, Robert Mueller Bursts At Seams, Jessica Chastain Hosts Anti-Trump Game Show
January Slows As 'Jumanji' Takes No. 1 For 3rd Weekend With $19M To $20M; Older Guy Pics '12 Strong' & 'Den Of Thieves' In Mid-Teens
Keira Knightley-Starrer 'Colette' In First Big Sundance Deal: Bleecker Street & 30WEST Team For U.S. Rights
Latest Film News
- Jim Hosking Takes On The Romantic Comedy Through ‘An Evening With Beverly Luff Linn’ — Sundance Studio
- ‘Monster’: Watch Deadline's Sundance Series Panel Livestream
- Burning Out On Stand-Up, Bo Burnham Turns To New Form Of Expression With ‘Eighth Grade’ — Sundance Studio
- Justice Ruth Bader Ginsburg Tells Sundance She’s Not Worried About #MeToo Backlash
- ‘Private Life’ Breakout Star Kayli Carter Wants To Surround Herself With Women In Creative Spaces — Sundance…
- Jason Blum’s Advice To Burgeoning Producers At Sundance: “Don't Worry About Your Movie Getting A Theatrical Release”…