We recently identified a huge platinum field…
In fact, you can see this field from outer space!
But here’s the thing:
Its visibility has nothing to do with its size…
Instead, it has to do with something far more interesting — something that could lead investors like you to “astronomical” profits.
Let me explain…
Asteroid Mining
There’s a simple reason you can see this platinum field from space:
It’s already in space.
You see, this platinum deposit is inside an asteroid.
Asteroids are rocky worlds that orbit our sun, and they can be enormous…
For example, an asteroid named Ceres has a surface area of over 1 million square miles — that makes it four times larger than the state of Texas.
These asteroids can contain valuable resources…
For example, according to a Goldman Sachs report, even a small asteroid the size of a football field could contain up to $50 billion worth of platinum.
To gain access to such resources, a new field called asteroid mining is emerging.
Basically, huge machines land on these asteroids, excavate natural resources from them, and then transport the resources back down to Earth.
The idea may sound far-fetched…
But it’s already close to becoming a reality…
Closer Than You Think
With the success of space companies like SpaceX and Blue Origin, the costs of space travel have dropped dramatically.
And now that space travel isn’t cost-prohibitive, asteroid mining has emerged as a high-potential business opportunity.
Other factors are contributing to the emergence of asteroid mining, too. For example:
Environmental benefits – Mining on asteroids instead of on Earth would slow the depletion of Earth’s natural resources.
Lower costs – Without nuisances like gravity, the cost to operate machinery is far lower.
Fuel supply – Asteroids contain huge supplies of water, which can be used to fuel space flights. (When water is split into oxygen and hydrogen, it can be used as fuel.)
Simply put, space has become a “hot” industry.
And as you know, hot industries attract start-ups — and attract early-stage investors, too…
Start-ups Conquering Space
Several start-ups in the space sector have recently raised major rounds of funding.
For example:
- Planetary Resources raised $49 million from investors including Google founder Larry Page and Chairman Eric Schmidt…
- Moon Express raised $48 million…
- And Rocket Lab, which helps launch space rockets, raised $75 million from top-tier venture funds, Bessemer Venture Partners and Khosla Ventures.
And investors are already seeing significant returns:
For example, satellite company Skybox Imaging was acquired for $500 million.
And earlier this year, DigitalGlobe, a space imaging company, was acquired for $2.4 billion.
How You Can Get Involved
This is an exciting sector with great upside potential…
But there aren’t many “celestial mining” investments in the stock market — this sector is too young for that.
That’s why this sector is well-suited for early-stage private investors.
By getting involved in the right companies while they’re still private, investors can put themselves in position to cash out for tremendous gains as the market matures.
In fact, there’s a space technology start-up that’s currently raising capital right now…
It’s called SpaceFab.
Its goal is to be the world’s first interstellar mining company for precious metals.
Here’s how it plans to do it:
First it plans to build commercial space telescopes. It will “lease” these telescopes to various entities — from universities to environmental agencies — that seek high-quality images of outer space or even planet Earth.
Then it will use its powerful satellites — and the revenue it generates from its customers — to search for asteroids containing platinum.
Once it identifies the right asteroid, it will extract the platinum and send it back to earth.
Again, even small asteroids might have up to $50 billion in platinum.
So if this company succeeds, it could become one of the most valuable mining companies in the world — or even out of this world.
The Investment
To meet its immediate funding needs, SpaceFab is raising $1.07 million, with a minimum investment of $100.
Like all investment opportunities, there are pros and cons here:
We’ve already covered many of the positive attributes of SpaceFab, so now let’s look at the negatives:
First of all, resource-intensive ventures like this face enormous financial risk
SpaceFab isn’t building a website or a mobile app — it’s building commercial-grade telescopes that need to be launched into space!
So if it doesn’t make quick progress, it could potentially run out of capital.
You also need to consider SpaceFab’s competitive situation…
For example, start-ups like Planetary Resources and Deep Space Industries have already raised considerable funds to capitalize on asteroid mining.
And finally, SpaceFab is a start-up — so, just like with any start-up, there’s a good chance it will hit a few bumps in the road, or even go out of business.
So if you decide to invest, make sure you do so responsibly.
Don’t invest more than you can afford to lose…
And don’t “bet it all on black” — make sure you build a diversified portfolio that contains many early-stage investments.
If you’re interested in learning more (and potentially investing), check out SpaceFab’s funding page here »
Happy Investing
Please note: Crowdability has no relationship with SpaceFab, or with any of the companies or platforms we write about. Crowdability is an independent provider of education, information and research on start-ups and alternative investments.
Best Regards,
Founder
Crowdability.com
