Space Mining

Daniel Faber, a Pioneer of Space Technologies and Mining, and currently President and CEO of Heliocentric Technologies and Advisor to National Space Society in the United States, participate in Risk Roundup to discuss Space Mining.

Space Mining

The democratization of Space seems to be on its way as terrestrial planets, gas giants, Trojan asteroids, and a range of other bodies orbiting the Sun are now beginning to be explored for precious metals by pioneers. This will help us prepare for what the future may hold for humans.

Precious metals have influenced the course of recorded human history, and today and coming tomorrow will likely not be any different. Nations today feel that there are not enough precious metal resources on earth to meet everyone’s needs and that we need to look to space to meet our existing and emerging needs on earth.

Moreover, the dooming belief that everything we hold of value on earth is in finite amounts is now being questioned; as metals, minerals, energy sources and more are literally in near-infinite quantities in our solar system. Understandably, the human exploration horizon is now expanding to space.

Today, there are visible signs emerging from across nations that mining asteroids for precious metals are becoming a realistic goal. However, the question remains whether we have the technology and means for space mining, whether space mining is a viable industry and whether nations are prepared for what is to come.

While space technology advances could end the scarcity of essential minerals as we know it, the democratization of space and asteroid mining will also likely bring complex conflicts and challenges. It is important to evaluate its security impact on cyberspace, geospace, and space (CGS). Now is the time to talk about Space Mining Risks!

For more please watch the Risk Roundup Webcast or hear the Risk Roundup Podcast

About the Guest

Daniel Faber is the lead technologist and chief executive of a stealth Aerospace startup in Silicon Valley. He has leveraged his experience as an entrepreneur and engineer to draw together key emerging players in the field of in-space materials technology and successfully connect them to leading venture capitalists.

As the former CEO of Deep Space Industries, Mr. Faber built a solid technology business, aggressively advancing a vision of delivering off-earth resources to the space economy. Under his leadership, the company released its first products with significant customer traction, grew sales from zero to nearly $10 million, changed global perceptions and regulations around space resources, and positioned DSI to systematically create and commercialize all the technology necessary for mining asteroids.

As a serial entrepreneur in the aerospace and mining industries prior to DSI, Mr. Faber has grown several high-tech companies from startup through to commercial success. He is the recipient of multiple innovation awards and has been granted a number of patents in the fields of mining, medical imaging, and aerospace.

Mr. Faber holds a degree in engineering from the University of New South Wales and a Postgraduate Certificate in Antarctic Studies from the University of Canterbury. He has served as a director and officer in several non-governmental organizations.

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