Resource thumbnail Josh Wolonick asks whether Deep Space Industries will change the way we think about the business of space. A look into the possibilities, and insight from one of the company founders. Deep Space Industries made news in January, 2013 by announcing plans to begin space prospecting, setting in motion its goal of mining asteroids for resources. As soon as 2015, the McLean, Virginia-based company, founded last month, plans to launch a small fleet of 55-pound spacecraft, called FireFlies, that will take one-way trips to near-Earth asteroids to take pictures and samples. In 2016, the company, founded by CEO David Gump, Chairman Rick Tumlinson, and 11 others, will launch DragonFlies, larger spacecraft capable of mining asteroid samples and returning them to Earth. The end game is to begin commercial operations by 2020. To evaluate Deep Space Industries at this early stage, we looked into the proposed business of the company, its competition, and its significant obstacles.
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