Wednesday, September 07, 2005

Looking for a new home

Space entrepreneurs eyeing Mars as a hub of some future solar system economy launched a startup on Tuesday to mine the red planet for building materials.

The new company, 4Frontiers, plans to mine Mars for building materials and energy sources, and export the planet's mineral wealth to forthcoming space stations on the moon and elsewhere.

The company also wants to build the first permanent human settlement on Mars, using strictly Martian materials, as early as 2025.

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