Exploring the Future of Space Industry: Asteroid Mining and Beyond

1 min read
Source: The Economist
Exploring the Future of Space Industry: Asteroid Mining and Beyond
Photo: The Economist
TL;DR Summary

SpinLaunch, a company innovating in space technology, is developing a unique method to launch cargo into orbit using a rotating armature inside a vacuum chamber, rather than traditional rockets. This approach, which accelerates the projectile on the ground before firing it at high speed, aims to make space ventures like asteroid mining and orbital manufacturing more feasible, turning once far-fetched ideas into practical possibilities.

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