National Post

Startup backed by James Cameron, Larry Page planning asteroid mining?
A cryptic press release issued last week suggested a blockbuster team of investors — including Google Inc. co-founder Larry Page and Canadian film maker James Cameron — is set to back a space exploration venture that could have plans to mine asteroids.

The release contained few details of the team’s plans but suggested more would be revealed Tuesday morning during a news conference at Seattle’s Museum of Flight.

“The company will overlay two critical sectors — space exploration and natural resources — to add trillions of dollars to the global GDP,” the release said, adding that the startup would “create a new industry and new definition of ‘natural resources.’” (Photo:NASA/JPL-Caltech/Reuters)