Asteroid Mining: Future of Space Commercialization

PRANJAL MHATREPRADNESH MHATRE

2020, International Journal of Latest Technology in Engineering, Management & Applied Science (IJLTEMAS)

In the future, space commercialization will trigger the quest for space assets. Space investigation will be directed to a shortage of assets as conveying the assets from the earth itself for the advancement of space-based ventures won't be attainable. Receiving the strategy for mining the Near-Earth Asteroids (NEAs) could be a plausible and practical method for conquering this issue and could upset the stockpile of imperative for human civilization. Spectral analysis and ground-based information propose that NEA can contain water, volatiles and some high-esteem materials worth up to billions of dollars. Studies recommend that few new NEAs will be found later on could build the likelihood that asteroidal mining tasks can rely upon low vitality missions. Thinking about the potential applications, Asteroidal mining can be a spine for future space expedition. This paper presents a complete survey of assets accessible from NEA, innovative and prudent parts of Asteroid Mining. This literature study can be isolated into four sections: i) Exploration (NEA disclosures and assessed populace) ii) Analysis (topographical portrayal of NEA) iii) Extraction (different strategies to concentrate and procedure the assets) iv) Economical viewpoints (financial investigation and its noteworthiness in upcoming days). We have additionally talked about the attainability to direct a space mission in terms of potential orbits and all other technical difficulties are featured.