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James Cameron’s New Venture to be The Space Resource Project

Friday, April 20th, 2012 at 11:38 am , filed under News by

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James Cameron, the super star director is planning his next project in space. Yes, the project is completely out of this world.  The ‘Titanic’ filmmaker may be joining forces with other high-profile investors to create a new space resource venture.

The project focuses on expansion of the earth causing some asteroid mining.  A press conference on Planetary Sources is slated to be held next Tuesday at the Museum of Flight in Seattle.

Other investors are said to include Google co-founders Larry Page and Eric Schmidt, former Microsoft exec Charles Simonyi and the son of the former presidential candidate, Ross Perot Jr.

MIT Technology Review published a brief statement about the new project on its website. The post stated that the venture is intended to be an investment in space exploration.

“The company will overlay two critical sectors space exploration and natural resources to add trillions of dollars to the global GDP,” the statement says. “This innovative start-up will create a new industry and a new definition of ‘natural resources.’”

James Cameron recently made history when he took a mini-submarine he designed to the deepest known point in the world’s oceans. Now he is striking with the his new venture. Stay tuned, we will be back with more details about the project down the line.


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