A New Look at Apollo Samples Supports Ancient Impact Theory

Apollo 16 astronaut Charlie Duke collects lunar samples during EVA on April 23, 1972 (NASA)

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New investigations of lunar samples collected during the Apollo missions have revealed origins from beyond the Earth-Moon system, supporting a hypothesis of ancient cataclysmic bombardment for both worlds.

Samples of Apollo 16 breccia that contain chondritic material (JSC)

Using scanning electron microscopes, researchers at the Lunar-Planetary Institute and Johnson Space Center have re-examined breccia regolith samples returned from the Moon, chemically mapping the lunar rocks to discern more compositional detail than ever before.

What they discovered was that many of the rocks contain bits of material that is chondritic in origin — that is, it came from asteroids, and not from elsewhere on the Moon or Earth.

Chondrites are meteorites that originate from the oldest asteroids, formed during the development of the Solar System. They are composed of the initial material that made up the stellar disk, compressed into spherical chondrules. Chondrites are some of the rarest types of meteorites found on Earth today but it’s thought that at one time they rained down onto our planet… as well as our moon.

The Lunar Cataclysm Hypothesis suggests that there was a period of extremely active bombardment of the Moon’s surface by meteorite impacts around 3.9 billion years ago. Because very few large impact events — based on melt rock samples — seem to have taken place more than 3.85 billion years ago, scientists suspect such an event heated the Moon’s surface enough prior to that period to eradicate any older impact features — a literal resurfacing of the young Moon.

There’s also evidence that there was a common source for the impactors, based on composition of the chondrites. What event took place in the Solar System that sent so much material hurtling our way? Was there a massive collision between asteroids? Did a slew of comets come streaking into the inner solar system? Were we paid a brief, gravitationally-disruptive visit by some other rogue interstellar object? Whatever it was that occurred, it changed the face of our Moon forever.

Curiously enough, it was at just about that time that we find the first fossil evidence of life on Earth. If there’s indeed a correlation, then whatever happened to wipe out the Moon’s oldest craters may also have cleared the slate for life here — either by removing any initial biological development that may have occurred or by delivering organic materials necessary for life in large amounts… or perhaps a combination of both.

Timeline for the Lunar Cataclysm Hypothesis (LPI)

The new findings from the Apollo samples provide unambiguous evidence that a large-scale impact event was taking place during this period  on the Moon — and most likely on Earth too. Since the Moon lacks atmospheric weathering or water erosion processes it serves as a sort of “time capsule”, recording the evidence of cosmic events that take place around the Earth-Moon neighborhood. While evidence for any such impacts would have long been erased from Earth’s surface, on the Moon it’s just a matter of locating it.

In fact, due to the difference in surface area, Earth may have received up to ten times more impacts than the Moon during such a cosmic cataclysm. With over 1,700 craters over 20 km identified on the Moon dating to a period around 3.9 billion years ago, Earth should have  17,000 craters over 20 km… with some ranging over 1,000 km! Of course, that’s if the craters could had survived 3.9 billion years of erosion and tectonic activity, which they didn’t. Still, it would have been a major event for our planet and anything that may have managed to start eking out an existence on it. We might never know if life had gained a foothold on Earth prior to such a cataclysmic bombardment, but thanks to the Moon (and the Apollo missions!) we do have some evidence of the events that took place.

Sample of lunar impact melt breccia, showing exterior and chondrule-filled interior. (Click for sample report.) Source: JSC

The LPI-JSC team’s paper was submitted to the journal Science and accepted for publication on May 2. See the abstract here, and read more on the Lunar Science Institute’s website here.

And if you want to browse through the Apollo lunar samples you can do so in depth on the JSC Lunar Sample Compendum site.

Asteroid 2012 KA to Buzz Earth on May 17

Orbit diagram of asteroid 2012 KU from JPL's Small Body Database website.

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On the heels of a bus-sized asteroid that passed harmlessly between Earth and the orbit of the Moon on May 13, another asteroid between 4.5 and 10 meters (14-33 feet) wide will buzz by at about the same distance on May 17, 2012. Asteroid 2012 KA was discovered just today (May 16), and is projected to make its closest approach about 0.0015 AU, or 224,397 kilometers (134,933 miles, .6 lunar distances) from Earth’s surface at 19:43 UTC on Thursday. The asteroid was discovered by the Mt. Lemmon Observatory, and at the time of this writing, is the only observatory that has made any observations. Therefore JPL lists the uncertainty of the orbit as fairly high (9 out of a 1 to 10 scale) but orbital projections from JPL’s Small Body Database website confirms there is no chance this asteroid would hit Earth. However, most stony meteoroids up to a diameter of about 10-meters are destroyed in thermal explosions by plummeting through Earth’s atmosphere.

We’ll provide any updates as they become available.

4,700 Asteroids Want to Kill You

New results from NASA's NEOWISE survey find that more potentially hazardous asteroids, or PHAs, are closely aligned with the plane of our solar system than previous models suggested. Image credit: NASA/JPL-Caltech

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There are now 4,700 asteroids out there — plus or minus 1,500 – that are considered Potentially Hazardous Asteroids (PHAs). This is the latest and best assessment yet of our solar system’s population of Near Earth Objects that have the potential to make close Earth approaches. The new results come from data obtained from the asteroid-hunting portion of the now-hibernating WISE mission, called NEOWISE.

And no, these asteroids don’t really want to harm you, but they might. “Potentially Hazardous” does not mean an asteroid will impact the Earth; it only means there is a possibility for such a threat. But only by monitoring these PHAs and updating their orbits with new observations can astronomers better predict the close-approach statistics and their Earth-impact threat. So let’s keep looking.

While previous estimates of PHAs predicted similar numbers, they were rough approximations. NEOWISE has generated a more dependable estimate of the objects’ total numbers and sizes.

“The NEOWISE analysis shows us we’ve made a good start at finding those objects that truly represent an impact hazard to Earth,” said Lindley Johnson, program executive for the NASA’s Near-Earth Object Observation Program. “But we’ve many more to find, and it will take a concerted effort during the next couple of decades to find all of them that could do serious damage or be a mission destination in the future.”

As of today, May 16, 2012, 8,874 Near-Earth objects have been discovered, with about 843 of these NEOs being asteroids with a diameter of approximately 1 kilometer or larger. 1,320 of these discovered NEOs have been classified as PHAs.

PHAs are a subset of the larger group of Near-Earth asteroids, those which have the closest orbits to Earth’s, coming within 8 million kilometers (five million miles) and they are big enough to survive passing through Earth’s atmosphere and cause damage on a regional, or greater, scale.

The WISE spacecraft did not identify and count each of these asteroids. Instead, scientists sampled 107 PHAs to make predictions about the entire population as a whole. Astronomers estimate that so far 20 to 30 percent of these objects have actually been found and cataloged. Last year, the WISE team announced they found there are likely less asteroids that are larger than 100 meters (mid-range sized asteroids) and estimate that with all the surveys combined, 93% of the asteroids larger than 1 kilometer have been found.

This diagram illustrates the differences between orbits of a typical near-Earth asteroid (blue) and a potentially hazardous asteroid, or PHA (orange). Image credit: NASA/JPL-Caltech

The new analysis also suggests that about twice as many PHAs as previously thought are likely to reside in “lower-inclination” orbits, which are more aligned with the plane of Earth’s orbit. These asteroids would be more likely to encounter Earth and therefore be easier to reach. So the new results suggest more near-Earth objects might be available for future robotic or human missions.

See our recent article on computing which asteroids might have the most potential for asteroid mining.

In addition, these lower-inclination objects appear to be somewhat brighter and smaller than the other near-Earth asteroids that spend more time far away from Earth. A possible explanation is that many of the PHAs may have originated from a collision between two asteroids in the main belt lying between Mars and Jupiter. A larger body with a low-inclination orbit may have broken up in the main belt, causing some of the fragments to drift into orbits closer to Earth and eventually become PHAs.

Brighter asteroids may be either stony — like granite — or metallic. This type of information is important in assessing the space rocks’ potential hazards to Earth. The composition of the bodies would affect how quickly they might burn up in our atmosphere if an encounter were to take place.

“NASA’s NEOWISE project, which wasn’t originally planned as part of WISE, has turned out to be a huge bonus,” said Amy Mainzer, NEOWISE principal investigator. “Everything we can learn about these objects helps us understand their origins and fate. Our team was surprised to find the overabundance of low-inclination PHAs. Because they will tend to make more close approaches to Earth, these targets can provide the best opportunities for the next generation of human and robotic exploration.”

The WISE spacecraft scanned the sky twice in infrared light before entering hibernation mode in early 2011. It catalogued hundreds of millions of objects, including super-luminous galaxies, stellar nurseries and closer-to-home asteroids. The NEOWISE project snapped images of about 600 near-Earth asteroids, about 135 of which were new discoveries. Because the telescope detected the infrared light, or heat, of asteroids, it was able to pick up both light and dark objects, resulting in a more representative look at the entire population. The infrared data allowed astronomers to make good measurements of the asteroids’ diameters and when combined with visible light observations, how much sunlight they reflect.

Read the team’s paper.

For more information, see NASA’s Near Earth Object Program website, and the WISE website.

Source: NASA

This video is from September of 2011, discussing the previous findings of the NEOWISE project:

The Most Profitable Asteroid Is…

Artist impression of the Arkyd Interceptor, a low cost asteroid mission that enables accelerated exploration. Credit: Planetary Resources.

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With the recent announcement of the asteroid mining company, Planetary Resources, some of the most-asked questions about this enticing but complex endeavor include, what asteroids do we mine? Which are the easiest asteroids to get to? Could it really be profitable?

While Planetary Resources officials said they hope to identify a few promising targets within a decade, the initial answers to those questions are available now on a new website that estimates the costs and rewards of mining rocks in space. Called Asterank, the website uses available data from multiple scientific sources on asteroid mass and composition to try and compute which asteroids would be the best targets for mining operations.

So, which asteroids are most profitable, valuable, easily accessible and cost effective?

The winners are, according to Asterank:

Most Profitable: 253 Mathilde, a 52.8 km-diameter C-type (carbonaceous) asteroid that has an estimated value of over $100 trillion and estimated profit of $9.53 trillion (USD)
Most Cost Effective: 2000 BM19, a very small O-type asteroid (less than 1 km wide) that makes several close approaches to Earth. Its estimated value is $18.50 trillion and an estimated profit of $3.55 trillion.
Most Valuable: 253 Mathilde
Most Accessible: 2009 WY7, another small asteroid with regular close approaches of less than 1 AU. This is an S-type asteroid, a silicaceous or “stony” object that has a high accessibility score on Asterank of 7.6577.

Asterank combines both the economic and scientific features of over 580,000 asteroids in our solar system, looking specifically for platinum-group metals and water. It was created by Ian Webster, a software engineer in the San Francisco Bay Area.

“I’ve always had a strong interest in astronomy and especially space exploration,” Webster said via an email to Universe Today. “The commercialization of space through ventures like asteroid mining really excites me because I believe it’ll open space to the rest of us and improve human quality of life. My day job is at a startup unrelated to space, but my hobbies include building rockets and many side projects like this one. I have a lot of fun applying computer science in different ways and I hope that Asterank will educate and inspire people.”

Webster provides a caveat, however, to the rankings of the top 100 asteroids in each category.

“Scientists know shockingly little about the composition of asteroids,” he writes on the website. “Visit JPL’s Small Body Database and you will notice how sparse information is.”

So, this mean that there aren’t really ‘experts’ in this field, and even those most knowledgeable about asteroids likely don’t have the numbers needed to completely and accurately estimate the true value of an asteroid or the cost of mining it — “which is why Planetary Resources is going to spend years or even decades investing in LEO-telescopes and data-gathering flybys before they ever touch an asteroid,” Webster said.

Webster has used databases, websites, books and other publications to get as much accurate, up-to-date information as possible, but even then, he said everything on the website is a rough estimation.

“The primary purpose of this site is to broadly educate and inspire, rather than provide completely accurate data — which is currently impossible,” he said. “I created the site in response to the announcement of Planetary Resources. “I should point out that nearly all the measurements and hard data come from the scientists at NASA JPL, but I had a lot of fun putting the site together.”

And it is fun to peruse the various categories and see what asteroids make the top of each category.

The ranking takes into account the value of the materials on the asteroids such as metals, volatile compounds, and water; the costs of getting to an asteroid and moving the raw materials: and the comparative savings and potential profit, which at this point are very hypothetical, taking into account processing and moving raw material.

“We really don’t know yet how much it will cost to mine an object millions of miles away,” Webster said.

While this website is a first step, it offers an exciting and enjoyable initial look at the potential commercial viability of space mining.

Check out Asterank.

Crowdsourcing the Hunt for Potentially Dangerous Asteroids

Faulkes Telescope, Hawaii. Credit: ESA

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What’s the best way to look for potentially hazardous asteroids? Get as many eyes on the sky as you can. That’s the impetus behind a new partnership between the European Space Agency and the Faulkes Telescope Project, which will encourage amateur astronomers to look for asteroids, as well as providing educational opportunities that will allow students to discover potentially dangerous space rocks, too.

ESA’s Space Situational Awareness (SSA) program is part of an international effort to be on the lookout for space hazards – not only asteroids but disruptive space weather and space debris objects in Earth orbit.

But asteroids pose a problem. Often, they are hard to see because they can be very dark, they can approach rather too close before anyone sees them, and they’re often spotted only once and then disappear before the discovery can be confirmed.

That’s where crowdsourcing comes in, to get more eyes on the skies. ESA is turning to schools and amateur astronomers to help as part of Europe’s contribution to the global asteroid hunt.

This month, the UK’s Faulkes Telescope Project will become the latest team to formally support the SSA program. Spain’s La Sagra Sky Survey, operated by the Observatorio Astronomico de Mallorca, began helping SSA earlier this year.

“The wider astronomy community offers a wealth of expertise and enthusiasm, and they have the time and patience to verify new sightings; this helps tremendously,” says Detlef Koschny, Head of NEO activity at ESA’s SSA program office. “In return, we share observing time at ESA’s own Optical Ground Station in Tenerife and provide advice, support and professional validation. We’ll assist them in any way we can.”

The Faulkes Telescope Project runs both educational and research programs, based at the University of Glamorgan in the UK. The project has been active in public education and science outreach, and is a partner of the US-based Las Cumbres Observatory Global Telescope network, which owns and operates two telescopes. Faulkes supports hundreds of schools across Europe, offering free access to their online observing program to schools.

The Faulkes project has two telescopes where you can sign up for observing online: Haleakala, Hawaii (Latitude: N 20 42′ 27.35″ Longitude: W 156 15′ 21.72″) and Siding Spring, Australia (Latitude: S 31 16′ 23.5″ Longitude: E 149 04′ 13.0″)

“Our new cooperation with ESA is a great opportunity. Use of the 2 m-diameter telescopes in Hawaii and Siding Spring, Australia, will greatly enhance asteroid-spotting for the SSA programme, enabling fainter object detection and tracking from a global telescope network,” says Nick Howes, Pro-Am Program Manager at the Faulkes Telescope. “For European students, collaborating on exciting ESA activities and possibly detecting new NEOs is very appealing, as its engagement with one of the world’s great space agencies doing critical scientific work.”

While the Faulkes project focuses on schools, amateurs will be able to freely access the data archives. ESA’s archives are also open to all, and they work with amateur astronomers with the Teide Observatory Tenerife Asteroid Survey (TOTAS) team, who use a 1-meter telescope at the ESA’s Optical Ground Station on Tenerife in the Canary Islands. Since starting their SSA-sponsored survey work in January 2010, the TOTAS amateur astronomers have identified hundreds of asteroid candidates, over 20 of which have been confirmed and named.

Find out more about how where students in schools across the UK/EIRE and some European locations can sign up.

ESA’s Space Situational Awareness program

Source: ESA

You Just Got a Haircut from Asteroid 2012 JU

Orbit diagram for asteroid 2012 JU. Click for interactive orbital diagram from JPL.

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OK, we admit that’s a bit of an exaggeration, but an asteroid about the size of a school bus did come fairly close to Earth yesterday! On May 13, Asteroid 2012 JU passed harmlessly between Earth and Moon. This space rock is somewhere between 8 and 17 meters across, and it came within about 190,000 kilometers (118,000 miles) from Earth — about a half a Lunar Distance (LD), or 0.0014 AU. Its looping orbit is currently closely aligned with Earth’s (click image to see JPL’s orbit diagram applet) and will be moving rather slowly away from us over the next few weeks. There are two other known space rocks that will be making somewhat close passes by Earth later this month: 2010 KK37, which might be about 43 meters wide, will come within 2.3 LD (880,000 km) on May 19, and 2001 CQ36, which might be as big as 170 meters wide, will go by at 10 LD (3.8 million km) on May 30. There is no threat of any of these asteroids hitting our planet.

Asteroids passing between the Earth and Moon happens on a fairly regular basis. Last month, on April 1, a 46-meter wide asteroid named 2012 EG5 came within 230,000 km, and on March 26 of this year, two smaller asteroids shaved by at a mere 58,000 km and 154,000 km. And in January 2012 BX34 passed by at just 59,600 km from the Earth’s surface.

Last November, a biggie, asteroid 2005 YU55, a 400 meter wide space rock came within 325,000 km of Earth.

As for the upcoming NEO’s passing by Earth, the Lunar Meteorite Hunters website suggests being ready to view the night sky with eyes and cameras to witness any other debris that may be accompanying the space rocks. If you have a meteor/fireball/bolide sighting report please let them know by filing a sighting report at their website.

Fly Over Vesta’s Cratered Terrain with Dawn

I’ve been waiting for nearly two months to be able to share these videos from the Dawn mission’s “flyover” views of Vesta. Scientists showed some of these incredible views at the Lunar and Planetary Science Conference in March, but couldn’t make them public until they published their work in the journal Science.

“Vesta is unlike any other object we’ve visited in the solar system,” said Dawn mission team member Vishnu Reddy at a briefing today. “We see a wide range of variation on the surface, with some areas bright as snow, and other areas as dark as coal.”

The video above is a stunningly beautiful flyover of most of Vesta. Another video, below, takes viewers on a virtual tour of Vesta’s south polar basin, the ‘snowman’ set of craters and a crater called Oppia.

Scientists said today that Vesta more closely resembles a small planet or Earth’s Moon than another asteroid, and they now have a better understanding of both Vesta’s surface and interior, and can conclusively link Vesta with meteorites that have fallen on Earth.

Continue reading “Fly Over Vesta’s Cratered Terrain with Dawn”

The Bright and Dark Side of Vesta’s Craters

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Bright craters, dark craters… craters shaped like butterflies… they’re all represented here in a panorama made from images acquired by NASA’s Dawn spacecraft, currently in orbit around the asteroid Vesta.

I stitched two images together (using a third for gap fill-in) that were originally acquired by Dawn’s framing camera in October 2011 and released last week. Because the angle of sunlight is pretty close to straight-on, there’s not a whole lot of relief in the original images so I bumped that contrast up a bit as well, to help bring out Vesta’s terrain.

The dark crater in the center is Laelia, and it’s surrounded by smaller dark impact craters as well… most notably one that displays dramatic rays of dark material. At top right is the much larger crater Sextilia, which has bright material revealed along its inner rim.

Near the lower left edge, just horizontal from Laelia, is the butterfly-shaped Helena crater. It shows both bright and dark material, the latter of which can be seen slumping into the crater as well as outward from its rim. Helena is approximately 22 kilometers (14 miles) in diameter. (There’s a scale at the lower right showing a 10-km / 6.2-mile-wide span.)

The images were acquired during the HAMO (high-altitude mapping orbit) phase of the mission.

On Thursday, May 10, NASA will host a news conference at 11 a.m. PDT (2 p.m. EDT) to present a new analysis of the giant asteroid Vesta using data from the agency’s Dawn spacecraft. The event will be broadcast live on NASA Television and streamed on the agency’s website. For streaming video, downlink and scheduling information visit: http://www.nasa.gov/ntv.

The event will also be streamed live on Ustream with a moderated chat available at http://www.ustream.com/nasajpl2. Questions may also be asked via Twitter using the hashtag #asknasa.The event will be held at NASA Headquarters in Washington, broadcast live on NASA Television and streamed on the agency’s website. For NASA TV streaming video, downlink and scheduling information, visit: http://www.nasa.gov/ntv.

Image credit: NASA/ JPL-Caltech/ UCLA/ MPS/ DLR/ IDA. Edited by J. Major.

This artist's concept shows NASA's Dawn spacecraft orbiting the giant asteroid Vesta. (NASA/JPL-Caltech)

Dawn Reveals More of Vesta’s Secrets

These composite images from the framing camera aboard NASA's Dawn spacecraft show three views of a terrain with ridges and grooves near Aquilia crater in the southern hemisphere of the giant asteroid Vesta. Image credit: NASA/JPL-Caltech/UCLA/MPS/DLR/IDA

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Vesta is finally giving up its secrets, thanks to the Dawn spacecraft! The latest images sent back from Dawn are revealing new details about the giant asteroid, including its varied surface composition, sharp temperature changes and clues to its internal structure. Scientists say all the information garnered by Dawn will help us to better understand the early solar system and processes that dominated its formation.

“Dawn now enables us to study the variety of rock mixtures making up Vesta’s surface in great detail,” said Harald Hiesinger, a Dawn participating scientist at Münster University in Germany. “The images suggest an amazing variety of processes that paint Vesta’s surface.”

Images from Dawn’s framing camera and visible and infrared mapping spectrometer, taken 420 miles (680 kilometers) and 130 miles (210 kilometers) above the surface of the asteroid, show a variety of surface mineral and rock patterns. Coded false-color images help scientists better understand Vesta’s composition and enable them to identify material that was once molten below the asteroid’s surface.

Researchers also see breccias, which are rocks fused during impacts from space debris. Many of the materials seen by Dawn are composed of iron- and magnesium-rich minerals, which often are found in Earth’s volcanic rocks. Images also reveal smooth pond-like deposits, which might have formed as fine dust created during impacts settled into low regions.

These images of Tarpeia crater, near the south pole of the giant asteroid Vesta, were obtained by the visible and infrared mapping spectrometer on NASA’s Dawn spacecraft. Image credit: NASA/JPL-Caltech/UCLA/INAF

At the Tarpeia crater near the south pole of the asteroid, Dawn imagery revealed bands of minerals that appear as brilliant layers on the crater’s steep slopes. The exposed layering allows scientists to see farther back into the geological history of the giant asteroid.

The layers closer to the asteroid’s surface bear evidence of contamination from space rocks bombarding Vesta. Layers below preserve more of their original characteristics. Frequent landslides on the slopes of the craters also have revealed other hidden mineral patterns.

This colorized image from NASA’s Dawn mission shows temperature variations at Tarpeia crater, near the south pole of the giant asteroid Vesta. Image credit: NASA/JPL-Caltech/UCLA/INAF

“These results from Dawn suggest Vesta’s ‘skin’ is constantly renewing,” said Maria Cristina De Sanctis, lead of the visible and infrared mapping spectrometer team based at Italy’s National Institute for Astrophysics in Rome.

This set of images from NASA's Dawn mission shows topography of the southern hemisphere of the giant asteroid Vesta and a map of Vesta’s gravity variations that have been adjusted to account for Vesta’s shape. Image credit: NASA/JPL-Caltech/UCLA/MPS/DLR/IDA

Dawn has given scientists a near 3-D view into Vesta’s internal structure. By making ultra-sensitive measurements of the asteroid’s gravitational tug on the spacecraft, Dawn can detect unusual densities within its outer layers. Data now show an anomalous area near Vesta’s south pole, suggesting denser material from a lower layer of Vesta has been exposed by the impact that created a feature called the Rheasilvia basin. The lighter, younger layers coating other parts of Vesta’s surface have been blasted away in the basin.

Dawn obtained the highest-resolution surface temperature maps of any asteroid visited by a spacecraft. Data reveal temperatures can vary from as warm as minus 10 degrees Fahrenheit (minus 23 degrees Celsius) in the sunniest spots to as cold as minus 150 degrees Fahrenheit (minus 100 degrees Celsius) in the shadows. This is the lowest temperature measurable by Dawn’s visible and infrared mapping spectrometer. These findings show the surface responds quickly to illumination with no mitigating effect of an atmosphere.

“After more than nine months at Vesta, Dawn’s suite of instruments has enabled us to peel back the layers of mystery that have surrounded this giant asteroid since humankind first saw it as just a bright spot in the night sky,” said Carol Raymond, Dawn deputy principal investigator at NASA’s Jet Propulsion Laboratory in Pasadena, Calif. “We are closing in on the giant asteroid’s secrets.”

The latest findings were presented today at the European Geosciences Union meeting in Vienna, Austria.

Source: NASA

Planetary Resources: The Video

Planetary Resources, Inc. has announced its plan to mine Near Earth Asteroids for their raw resources, ranging from water to precious metals like platinum. Using their Arkyd line of spacecraft, they will head to NEOs for exploration and extraction. One of the founders, Eric Anderson said they will launch their first spacecraft within 24 months, and eventually build ‘gas stations’ in space to enable deep space exploration.

The founders of this company say that resource extraction from asteroids will deliver multiple benefits to humanity and could be valued at billions of dollars annually. “The effort will tap into the high concentration of precious metals found on asteroids and provide a sustainable supply to the ever-growing population on Earth,” they said.