The National Space Society (NSS) applauds the new NASA budget item that would provide close to $100 million for a mission to rendezvous with a small asteroid and move it into orbit around the Moon where it could later be visited by astronauts.

“An asteroid capture mission is a tremendously important mission, and one that could not be more relevant to the challenges our civilization faces today,” said Mark Hopkins, Chairman of the NSS Executive Committee. “Robotic asteroid capture is the first step to exploiting the vast material resources of the solar system for a hopeful and prosperous future for mankind.”

Notes NSS Executive Vice President Paul Werbos, “Even small asteroids contain tremendous wealth—precious metals, rare strategic metals important for sustainable development, raw materials for in-space construction, and volatiles for life support and propulsion in space.”

This mission is an important precursor to enable private industry to access such resources for the benefit of all mankind and return wealth to our world economy. One medium sized asteroid, 3554 Anum, is estimated to contain $20 trillion of platinum group metals.

Robotic asteroid capture is also a key step toward an effective planetary defense. The mission will mature our ability to capture and deflect a hazardous asteroid—protecting civilization from suffering the same fate as the dinosaurs. The search for suitable targets will find huge numbers of smaller, currently unknown asteroids which pose a very real meteor threat to cities as evidenced by the explosion last month over Chelyabinsk, Russia that injured over 1000 people.

The mission also involves development of cost-effective new technologies of crucial value both to public and private activities in space. Robotic asteroid capture will drive improvements to Solar Electric Propulsion, a critical enabler of cost-effective transportation in Earth-Lunar space and the inner solar system akin to the development of large ocean faring vessels—opening up possibilities for even more ambitious missions in the future.

“The National Space Society has been advocating the capture of asteroid resources for decades (see our Roadmap and Statement of Philosophy), and is most gratified to see this important step toward the NSS Vision of people living and working in thriving communities beyond the Earth, and the use of the vast resources of space for the dramatic betterment of humanity,” said Hopkins.