James Cameron Reveals the Details of His Space Venture

Cameron and other high-profile venture capitalists want to mine metal from asteroids.

Last week, filmmaker James Cameron—along with co-investors Larry Page and Eric Schmidt—announced the group would soon be launching a company that would venture beyond Earth to find natural resources.

Today, the company—Planetary Resources—revealed the company’s eye-popping plans. In a plan that seems like it was lifted out of a science fiction film, the company plans to mine metals from asteroids. (Cameron first dabbled with the concept in his blockbuster film Avatar.)