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Title
Industrial Benefits and Detractors of Asteroid Mining
Description
Goal of paper: To discuss the benefits and detractors of asteroid mining, and whether this is a task that should be undertaken now, or if something needs to change before real strides can be made in the field. Findings: After research and looking at what companies are currently doing, I have found several different benefits and detractors of asteroid mining. The main benefit of asteroid mining is acquiring the resources at the end of the project, whether those resources are raw metals being brought back to Earth or water that will be used as fuel for deep space travel. Those resources are extremely valuable and can create a huge profit for the company that acquires them. However, these resources can take an extremely long time to acquire, at least 20 years. So, while this industry can be extremely lucrative, it may take quite a long time and will need plenty of funding and side ventures to stay afloat long enough to reach that goal. Overall, if financed properly asteroid mining can be extremely profitable.
Date Created
2017-05
Contributors
- Scheven, Spenser (Author)
- Choi, Thomas (Thesis director)
- Printezis, Antonios (Committee member)
- Department of Information Systems (Contributor)
- W. P. Carey School of Business (Contributor)
- Department of Supply Chain Management (Contributor)
- Department of Finance (Contributor)
- Barrett, The Honors College (Contributor)
Topical Subject
Resource Type
Extent
34 pages
Language
Copyright Statement
In Copyright
Primary Member of
Series
Academic Year 2016-2017
Handle
https://hdl.handle.net/2286/R.I.43235
Level of coding
minimal
Cataloging Standards
System Created
- 2017-10-30 02:50:58
System Modified
- 2021-08-11 04:09:57
- 2 years 8 months ago
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