Plans continue going well for the Trans Astronautica Corporation, who have patent-pending technology for asteroid mining on a massive scale including mining, surveying, and propulsion technologies all of which are fitted to a series of bee-inspired spacecraft and optimized for Falcon 9 and other current spaceships.
NASA, an in-part investor in the TransAstra mining corporation, just finished conducting their one-year continuation review of the “Mini-Bee” demonstration spacecraft prototype, and was “delighted” with the company’s progress.
Asteroid Provided In-situ Supplies, or APIS for short, named for the Latin word for bees, is TransAstra’s line of asteroid mining spacecraft, the Mini-Bee, the Honey Bee, and the Queen Bee. They are designed to find, attach to, and mine, near-Earth asteroids as a source of water and other resources to convert into propellent and sell on the open market for ships out in space.
This would, if proven successful, remove the need to replenish repellent at either the ISS or back on Earth, representing a potential savings of $300 billion in private-public fuel costs over the next ten years according to a mixture of NASA and private efficacy studies.
Working to produce a “gold rush in space,” TransAstra took inspiration from the Transcontinental Railroad built across North America through public-private partnerships.