Seattle Company Will Mine Asteroid

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by Associated Press and KING 5 News

A group of high-tech tycoons, part of a new Seattle-based company, wants to mine nearby asteroids, hoping to turn science fiction into real profits.

The inaugural step, to be achieved in the next 18 to 24 months, would be launching the first in a series of private telescopes that would search for rich asteroid targets.

Investors and advisers to the new company, Planetary Resources Inc. of Seattle, include Google CEO Larry Page and Executive Chairman Eric Schmidt and explorer and filmmaker James Cameron.

-Talk about outsourcing jobs.
Here is a link to an official report.
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