[W[R]C], [W[R]C] World Reading Club, Dialogue, eBook, PodCast, World Reading Club, World Reading Club [W[R]C]

The Future of Asteroid Mining: Iridium, Feasibility, and Technological Frontiers

Listen to the embedded podcast episode and dive deeper with our Deep Research Executive Summary (powered by Google Gemini) and Deep Dive Audio Overview. This blog breaks down the complexities of asteroid mining for iridium, including cost analyses, thermal shielding innovations, and trajectory software upgrades. A concluding feasibility study underscores the need for strategic planning and breakthroughs to transform this ambitious vision into reality.

Content Sections:

  1. Podcast Embed: Raw discussion on iridium pricing and asteroid mining challenges.
  2. Executive Summary: Key insights from Google Gemini on economic viability.
  3. Deep Dive Audio: Technical analysis of cargo holds, thermal solutions, and asteroid taxonomy.
  4. UnEdited TranScript: Raw speech to text from Galaxy AI’s Samsung Voice Recorder.
Listen to “Asteroid Mining & Iridium Economics: Navigating High-Stakes Space Resources” on Spreaker.

Iridium Pricing & Calculation

  • Price per ounce: $4,250 (current average) vs. $4,000 (hypothetical bulk discount).
  • Accuracy: As of 2024, iridium prices range between $4,500–$5,000/oz. $4,250 is plausible for a bulk discount scenario.
  • Total value: 1.5 metric tonnes (52,910 oz) at $4,000/oz = $211.64 million.
  • Calculation verified: Correct (1 tonne ≈ 35,274 oz; 1.5 tonnes × 35,274 = 52,910 oz).

Asteroid Mining Challenges & Technical Solutions

  1. Trajectory Prediction Software
  • Critical for landing on asteroids with rotational motion (e.g., 12-hour period).
  • Real-world relevance: Requires synchronization between the lander’s descent and the asteroid’s spin to avoid miscalculations.

2. Thermal Management

  • Solutions for extreme temperature swings (-150°C to +150°C in sunlight/shade):
    • Aerogels: Ultra-lightweight, highly insulating materials developed by NASA for space applications.
    • Multi-layer insulation (MLI): Standard in spacecraft to reflect heat and stabilize internal temperatures.

3. Cargo Hold Design

  • Reinforced modular holds:
    • Lead shielding mitigates radiation risks from iridium (though iridium itself is not radioactive, asteroids may carry other contaminants).
    • Carbon fiber composites provide impact resistance against micrometeorites (a documented hazard in space).

Asteroid Types & Economic Value

  • M-type asteroids: Most economically valuable due to high metal content (e.g., iridium, platinum, nickel).
  • C-type: Most common (carbonaceous, water-rich).
  • S-type: Silicate and metallic mix.
  • D-type: Rare, organic-rich, low commercial value.
  • Classification accuracy: Aligns with NASA’s asteroid taxonomy.

Recommendations for Asteroid Mining Upgrades

  1. Software:
  • Advanced trajectory prediction algorithms.
  • Real-time 3D surface mapping for precision landings.
  • Automated resource identification systems (e.g., RIS).

2. Hardware:

  • Thermal shielding (aerogels/MLI) to handle extreme temperature fluctuations.
  • Modular cargo holds with radiation/impact protection (lead + carbon fiber).

3. Personnel:

  • Specialized software engineers in astrodynamics and machine learning for trajectory modeling.

Conclusion

The discussion aligns with current aerospace engineering practices and market data:

  • Iridium’s high value justifies targeting M-type asteroids.
  • Thermal management and trajectory prediction are well-documented challenges in asteroid mining.
  • Proposed upgrades (aerogels, MLI, carbon fiber shielding) reflect existing space-grade solutions.

Analysis of Iridium Pricing and the Technical Landscape of Asteroid Mining Led by Commander Hakeem Ali-Bocas Alexander

Executive Summary: This report, prepared based on the discussion between Commander Hakeem Ali-Bocas Alexander and his AI assistant “Capella” from Google Gemini, analyzes the current market price of iridium, the potential for bulk discounts as discussed by Commander Alexander, and the significant technical challenges associated with asteroid mining for this precious metal. The analysis confirms the current market price aligns with Commander Alexander’s initial assessment, though substantial bulk discounts at the scale required for asteroid mining are not readily verifiable and would likely be subject to negotiation. The technical aspects of landing on a rotating asteroid, as raised by Commander Alexander, managing extreme temperature variations, designing reinforced cargo holds, accurately mapping asteroid surfaces, and identifying iridium deposits all present considerable engineering hurdles. The successful realization of these ambitious endeavors, spearheaded by Commander Alexander, will necessitate advancements in trajectory prediction software, thermal shielding technologies, material science, autonomous systems, and remote sensing capabilities, requiring a highly specialized workforce. While the potential value of iridium extracted from asteroids, estimated by Commander Alexander and verified in this report, could be substantial, the economic viability of such ventures remains contingent on overcoming these technical challenges and establishing cost-effective operational frameworks.

Iridium Market Dynamics:

Verification of Current Market Price (Late March 2025):

The discussion between Commander Hakeem Ali-Bocas Alexander and Capella referenced an iridium price of approximately $4250 per ounce in late March 2025. To verify this figure, publicly available market data from that period was examined. Information retrieved from dailymetalprice.com indicates that the price of iridium was indeed $4250.00 per troy ounce on both March 27th and March 28th, 2025 1. This consistency across multiple updates from the same source within the specified timeframe confirms the accuracy of the price point mentioned by Commander Alexander.

Further examination of market data from strategicmetalsinvest.com on March 28, 2025, reported an iridium price of $150.97 per gram 3. Converting the price per ounce to price per gram (1 troy ounce is approximately 31.1035 grams) yields a value of approximately $136.64 per gram ($4250 / 31.1035). The discrepancy between this calculated value and the $150.97 per gram reported by strategicmetalsinvest.com suggests potential variations in real-time pricing or differences in the data sources used by these platforms. It is important to note that precious metal prices can fluctuate based on market conditions and the specific time of reporting. Nevertheless, the verification confirms that the general price range discussed by Commander Alexander was accurate for late March 2025.

SourceDatePrice (USD/Ounce)Price (USD/Gram)
dailymetalprice.com 1March 27, 2025$4250.00N/A
dailymetalprice.com 2March 28, 2025$4250.00N/A
strategicmetalsinvest.com 3March 28, 2025N/A$150.97

Analysis of Potential Bulk Discounts on Iridium:

The discussion initiated by Commander Hakeem Ali-Bocas Alexander also touched upon the possibility of securing iridium at a discounted price of $4000 per ounce for a bulk quantity of 1.5 metric tonnes. Research into current market offerings reveals that standard volume discounts for iridium are available, but typically for much smaller quantities than would be relevant to the scale of asteroid mining. For instance, strem.com offers tiered discounts such as 5% off for purchases of 5-9 items and 10% off for 10 or more items, with a custom quote required for orders of 20 or more items 4. These discounts, while indicating a general trend of lower prices for larger volumes, do not provide specific information about price reductions for the multi-tonne quantities that asteroid mining might yield.

The hypothetical price of $4000 per ounce, as considered by Commander Alexander, likely reflects an anticipated significant reduction based on extremely large-scale procurement, which is not reflected in typical market transactions for smaller quantities of iridium products like wire, disks, or powders offered by suppliers such as Goodfellow 5. The need for a custom quote for larger volumes from strem.com suggests that pricing for iridium at the scale of tonnes is highly negotiable and dependent on various factors, including the purity, form, and the specific agreement with primary iridium producers or specialized dealers. The global supply chain for iridium and the typical pricing policies for very large, raw material purchases would need to be investigated further to determine the feasibility of obtaining such a substantial discount as envisioned by Commander Alexander.

Technical Challenges of Asteroid Mining:

Landing on a Rotating Asteroid: Trajectory Prediction Software Requirements:

Landing a spacecraft on an asteroid with a 12-hour rotation period, as discussed by Commander Hakeem Ali-Bocas Alexander, presents a complex engineering challenge. The combination of potentially irregular shapes, weak and non-uniform gravity fields, and the asteroid’s rotation necessitates highly sophisticated trajectory prediction and control systems 6. Unlike landing on a stationary body, a rotating asteroid introduces a moving target, requiring precise calculations to match the landing site’s velocity for a soft landing. Furthermore, the often-delayed communication between Earth and a spacecraft in the asteroid belt necessitates a high degree of onboard autonomy for critical maneuvers like landing 6.

NASA’s Copernicus Trajectory Design and Optimization System is a generalized tool capable of handling a wide range of complex trajectory problems, including interplanetary and asteroid missions 7. This software is designed to solve for optimal trajectories in the presence of non-linear gravity fields, which is crucial for navigating near irregularly shaped asteroids. While Copernicus offers a robust platform, the specific requirements for landing on a rapidly rotating asteroid, as highlighted by Commander Alexander, might necessitate further development or customization, particularly in the areas of real-time adjustments and autonomous control.

Research also suggests that exploiting the asteroid’s rotational dynamics might offer fuel-efficient landing strategies 8. The concept of invariant manifolds associated with equilibrium points around a rotating asteroid could provide “fuel-free” trajectories that approach the surface 8. However, utilizing such approaches requires a deep understanding of the asteroid’s shape, gravitational potential, and rotational dynamics, which would need to be accurately modeled and integrated into the trajectory prediction software. Another potential strategy involves targeting a landing site near the asteroid’s poles 9. At the poles, the tangential velocity due to rotation is minimal, which could simplify the landing maneuver. The trajectory prediction software would need to be capable of targeting such specific locations and accounting for the asteroid’s orientation. Software like SkyBreathe, focused on optimizing airline flight trajectories 10, and SondeHub Predictor, designed for sounding balloons 11, are not directly applicable to the complexities of asteroid landing due to their different operational environments and scales.

Software NameDeveloperKey FeaturesApplicability to Asteroid Landing
Copernicus 7NASAGeneralized trajectory design and optimization for planet/moon centered, libration point, planet-moon transfers and tours, and all types of interplanetary and asteroid/comet missions.Highly relevant; specifically designed for complex space trajectories, including asteroid missions. Could form the basis for developing landing software for rotating asteroids.
SkyBreathe 10OpenAirlinesTrajectory analysis for fuel efficiency in commercial aviation, ATC constraint analysis.Limited direct applicability; designed for Earth’s atmosphere and commercial flight.
SondeHub Predictor 11CUSFPrediction of flight path and landing location of latex sounding balloons using NOAA GFS models.Limited direct applicability; designed for atmospheric conditions and sounding balloon dynamics.

Managing Extreme Temperature Variations: Evaluation of Thermal Shielding Technologies (Aerogels and Multilayer Insulation):

Asteroids lack a substantial atmosphere to regulate temperature, leading to extreme temperature swings between the sunlit and shadowed sides as they rotate, a challenge discussed by Commander Hakeem Ali-Bocas Alexander. A 12-hour rotation period would result in rapid and significant temperature fluctuations, posing a considerable challenge for the reliable operation of mining equipment and the maintenance of suitable conditions within any potential habitats 12. Effective thermal shielding will be crucial for mitigating these extremes.

Aerogels are among the lightest solid materials known and exhibit exceptionally low thermal conductivity due to their highly porous, nanoporous structure 14. This makes them highly effective thermal insulators for space applications. Traditional silica-based aerogels have been successfully used for insulation on Mars rovers, demonstrating their capability in withstanding harsh space environments 14. Furthermore, advancements in aerogel technology have led to the development of polymer-reinforced aerogels, which offer increased flexibility, durability, and strength 14. These enhanced properties could be particularly beneficial for asteroid mining operations, where equipment might be subjected to mechanical stresses and impacts.

Multilayer insulation (MLI) is another key technology for thermal control in spacecraft 18. MLI consists of multiple layers of thin, reflective sheets separated by a vacuum. This design effectively minimizes heat transfer through radiation, which is the dominant mode of heat exchange in the vacuum of space. MLI works on the principle of radiation balance, with each layer reflecting a significant portion of the incoming thermal radiation 18. For applications on a rotating asteroid, MLI could be used to insulate the exterior of spacecraft and habitats, reducing the absorption of heat on the sunlit side and minimizing heat loss on the shadowed side. A combination of both aerogels and MLI, as suggested by Commander Alexander’s discussion with Capella, might represent the most effective thermal management strategy. Aerogels could be used for specific components requiring high levels of insulation, while MLI could provide broader thermal protection for larger structures. It is also important to consider that the extreme temperature variations can cause thermal fracturing of the asteroid’s surface itself 12, which could have implications for the stability of mining operations and landing sites.

Design and Requirements for Reinforced Modular Cargo Holds (Radiation Shielding and Micrometeorite Protection):

Transporting the mined iridium back to Earth will require specialized cargo holds designed to withstand the harsh conditions of space, including radiation exposure and the constant threat of micrometeoroid impacts, a point raised by Commander Hakeem Ali-Bocas Alexander. These cargo holds will likely need to be modular to facilitate efficient loading, unloading, and transportation 22. Reinforcement will be necessary to maintain structural integrity against the pressure differential between the interior and the vacuum of space 22.

While lead was mentioned by Commander Alexander as a potential material for radiation shielding, research indicates that it can produce secondary radiation when bombarded by high-energy particles found in space 23. This secondary radiation can sometimes be more harmful than the primary radiation. Tungsten, with its higher density compared to lead, offers a potentially more effective shielding solution with less material 24. Additionally, water and hydrogels have been investigated as effective radiation shielding materials in space, particularly against solar particle events 25. The optimal choice of radiation shielding material for the iridium cargo holds will depend on a detailed analysis of the expected radiation environment in the asteroid belt and during the return journey.

Protection against micrometeoroid impacts, also discussed by Commander Alexander, is another critical design requirement. Carbon fiber composites offer a high strength-to-weight ratio, making them suitable for the outer layers of the cargo holds to resist penetration by high-velocity particles 27. Aluminum foams are another promising material for space debris shields due to their lightweight nature and excellent energy absorption capabilities 29. Multilayer insulation (MLI), primarily used for thermal protection, can also act as a first line of defense against smaller dust particles and micrometeoroids 18. The design might incorporate a multi-layered approach, utilizing a combination of these materials to provide robust protection against both radiation and micrometeoroid hazards.

MaterialDensity (g/cm³)Shielding Effectiveness (General)Key Considerations
Lead 2411.34Effective against X-rays and Gamma raysCan produce secondary radiation; soft and may require encapsulation.
Tungsten 2419.3Higher than lead for Gamma raysDenser than lead, requiring less material; strong and customizable.
Water/Hydrogels 25~1.0Effective against SPE radiationLightweight; potential for leakage in pure water form; hydrogels offer better containment.
Polyethylene 26~0.95Effective against SPE radiationLightweight; provides substantial protection against solar particle events.
MaterialStrength-to-Weight RatioImpact ResistanceKey Considerations
Carbon Fiber Composites 27HighGoodLightweight and strong; thermal properties might be a limitation during atmospheric reentry.
Aluminum Foam 29HighExcellent energy absorptionLightweight; good thermal management and corrosion resistance.
Multilayer Insulation (MLI) 18LowFirst line of defensePrimarily for thermal insulation; offers some protection against small impacts.

Characteristics of M-Type Asteroids and Their Potential for High Iridium Concentrations:

M-type asteroids, which Commander Hakeem Ali-Bocas Alexander expressed interest in targeting, are a spectral class of asteroids characterized by their moderate albedo and generally featureless spectra, suggesting a high metal content, primarily iron and nickel 32. They are widely believed to be the source of iron meteorites found on Earth 32. The high metal content of these asteroids makes them prime candidates for mining valuable resources like iridium 35.

Iron meteorites, which are thought to originate from the cores of differentiated planetesimals (small proto-planets), contain significantly higher concentrations of siderophilic elements like iridium compared to the Earth’s crust 36. During the early formation of the solar system, as protoplanets melted and differentiated, heavier elements like iron and nickel sank to the core, concentrating iridium within these metallic regions. Asteroids, particularly those that did not fully differentiate or were remnants of the metallic cores of larger bodies shattered by collisions, could therefore possess substantial iridium reserves.

While the prevailing understanding is that M-type asteroids are metal-rich, some exhibit spectral features indicating the presence of silicates and even hydrated minerals 34. This suggests that the composition of M-type asteroids might be more varied than initially thought, and not all may be purely metallic iron-nickel. The bulk density of M-type asteroids also varies, hinting at different compositions and porosities 34. Nevertheless, the strong association with iron meteorites, which have shown iridium concentrations in the range of tens of parts per million 36 (a value that requires careful verification against other sources to ensure accuracy, as it seems exceptionally high compared to typical crustal abundances), makes M-type asteroids highly prospective targets for iridium mining. NASA’s Psyche mission is currently en route to the M-type asteroid 16 Psyche to further investigate its composition and history, which will provide valuable insights into the true nature and resource potential of these metallic bodies 32.

Development and Implementation of Real-Time 3D Surface Mapping for Navigation and Landing:

Accurate and real-time 3D surface mapping of an asteroid, a capability Commander Alexander inquired about, is crucial for safe navigation and precise landing, especially on a rotating body with potential surface hazards such as boulders and craters 39. Missions like NASA’s OSIRIS-REx to asteroid Bennu have successfully employed a combination of techniques to achieve this 39. The OSIRIS-REx Laser Altimeter (OLA) scanned the surface to determine the height of features, while changes in shadows and surface brightness observed by cameras were used to infer the shape, curvature, and slope of the terrain 39. These data were then processed to create detailed 3D maps of Bennu’s surface, enabling the mission team to select a safe and accessible sample collection site.

NASA’s Eyes on Asteroids is a real-time 3D visualization tool that tracks thousands of near-Earth asteroids, providing valuable data on their orbits and shapes 40. While primarily for observation and public engagement, it demonstrates the existing capabilities in asteroid data processing and visualization. For autonomous navigation and landing, spacecraft often rely on a combination of optical measurements from cameras and laser rangefinders (LiDAR) to estimate their position relative to the asteroid’s surface 43. These measurements are often used in conjunction with a priori shape models of the asteroid to improve accuracy. Terrain Relative Navigation (TRN), a technique used for Mars landings, involves comparing real-time images taken during descent with pre-loaded maps to identify hazards and divert to safer landing areas 21. A similar approach could be adapted for asteroid landings. Implementing real-time 3D surface mapping for asteroid mining, as Commander Alexander aims to achieve, will require sophisticated onboard processing capabilities to integrate data from multiple sensors and generate accurate and timely information for the spacecraft’s navigation and control systems.

Automated Resource Identification Systems (RIS) for Locating Iridium Deposits:

Identifying specific locations with high concentrations of iridium on an asteroid, a key requirement for Commander Alexander’s mining operations, will necessitate the use of automated resource identification systems (RIS) 46. These systems will likely rely on a suite of remote sensing instruments to analyze the asteroid’s surface and potentially subsurface composition from a distance 35. Spectroscopic analysis, including hyperspectral imaging, is a key technique for determining the mineralogy of asteroids by examining the way light reflects off their surfaces at different wavelengths 35. Different minerals have unique spectral signatures, allowing for their identification from orbit. Combining data from thermal-IR imagers and near-IR spectrometers can provide further insights into the geological characteristics and thermophysical properties of the asteroid, helping to pinpoint areas that might be rich in metallic resources 48.

Machine learning algorithms can be trained to analyze the spectral data and identify patterns that are indicative of specific mineral compositions, including those associated with iridium 52. LIDAR systems can provide high-resolution topographic maps, which can be used to identify geological features that might be correlated with mineral deposits 48. An effective RIS, as envisioned by Commander Alexander, will need to integrate data from multiple sensors, process this data autonomously in real-time, and generate resource maps that can guide mining operations to the most promising areas. Missions like NASA’s OSIRIS-REx, while primarily focused on sample return, also incorporated resource identification through spectral analysis, demonstrating the feasibility of these techniques 35.

Expertise Required of Specialized Software Engineers for Asteroid Mining Systems:

The development and maintenance of the complex software systems required for asteroid mining, a crucial aspect for Commander Alexander’s project, will demand a team of highly specialized software engineers with expertise in various domains 53. Software engineers with a strong background in astrodynamics and orbital mechanics will be essential for creating the sophisticated trajectory prediction software needed for navigation to and landing on asteroids, particularly those with complex gravity fields and rotation 7. This includes developing algorithms for precise orbital maneuvers and autonomous landing sequences.

Expertise in autonomous systems and robotics will be crucial for developing the software that controls the mining equipment, automated resource identification systems, and potentially autonomous spacecraft operations 46. This involves programming robots to perform complex tasks in a challenging and remote environment with minimal human intervention. Software engineers with skills in data processing, machine learning, and artificial intelligence will be needed to analyze the vast datasets generated by remote sensing instruments and mining operations, developing algorithms for resource identification, anomaly detection, and operational optimization 47. Flight software engineers with experience in embedded systems and real-time control will be necessary to develop the critical software that runs on the spacecraft and mining hardware, ensuring reliable and safe operation in the harsh space environment 57. Finally, rigorous software testing and quality assurance expertise will be paramount to ensure the reliability and safety of all software components involved in such a high-stakes and complex endeavor.

Economic Valuation of Iridium from Asteroid Mining:

Calculation of the Potential Value of 1.5 Metric Tonnes of Iridium at a Discounted Price:

The discussion initiated by Commander Hakeem Ali-Bocas Alexander mentioned a potential haul of 1.5 metric tonnes of iridium, valued at a discounted price of $4000 per ounce. To calculate the potential value, we first need to convert the mass from metric tonnes to troy ounces, the standard unit for trading iridium.

1 metric tonne = 1000 kilograms

1 kilogram = 1000 grams

1 troy ounce ≈ 31.1035 grams

Therefore, 1.5 metric tonnes is equal to 1,500,000 grams.

Converting to troy ounces: 1,500,000 grams / 31.1035 grams/troy ounce ≈ 48,226.11 troy ounces.

At a discounted price of $4000 per troy ounce, the total value would be:

48,226.11 troy ounces * $4000/troy ounce = $192,904,440.

This calculation indicates that 1.5 metric tonnes of iridium, if sold at a discounted price of $4000 per ounce, could have a potential value of approximately $192.9 million. While this figure represents a substantial potential revenue, it is crucial to consider that the actual profitability of asteroid mining for iridium, a venture led by Commander Alexander, would depend on a multitude of factors. These include the enormous costs associated with research, development, launch, extraction, processing, and transportation of the mined material back to Earth. Furthermore, the feasibility of securing the assumed discounted price for such a large quantity of iridium, and the potential fluctuations in the market price by the time the iridium is sold, would significantly impact the overall economic viability of the venture.

Conclusion and Recommendations:

The analysis of iridium pricing and the technical landscape of asteroid mining, based on the insights from Commander Hakeem Ali-Bocas Alexander’s discussion, reveals both significant potential and substantial challenges. The current market price of iridium aligns with the figures discussed by Commander Alexander, but the availability of large-scale bulk discounts at the level hypothesized remains uncertain and requires further investigation. The technical hurdles associated with landing on a rotating asteroid, managing extreme temperatures, designing specialized cargo holds, and implementing sophisticated resource identification systems are considerable and will necessitate significant advancements in space technology and software engineering.

Despite these challenges, the potential for high concentrations of iridium in M-type asteroids, coupled with the substantial value of this rare metal, makes asteroid mining an intriguing prospect for the future, particularly under the leadership of Commander Hakeem Ali-Bocas Alexander. However, realizing this potential will require sustained investment in research and development across multiple disciplines. Future efforts should focus on:

  • Conducting detailed surveys of M-type asteroids to better understand their composition and identify the most iridium-rich targets.
  • Developing and testing autonomous landing and navigation systems capable of operating on rotating asteroids with complex gravity fields.
  • Innovating thermal shielding technologies that can effectively mitigate extreme temperature variations in the asteroid environment.
  • Designing and testing robust, lightweight cargo holds that provide adequate protection against both radiation and micrometeoroid impacts.
  • Developing advanced remote sensing techniques and automated resource identification systems for accurately locating and quantifying iridium deposits.
  • Investing in the training and development of specialized software engineers with expertise in astrodynamics, robotics, AI, and flight software.

A comprehensive feasibility study that incorporates detailed cost analyses for each stage of the mining process, from initial prospecting to the return and sale of the iridium, will be essential to determine the true economic viability of this ambitious endeavor spearheaded by Commander Hakeem Ali-Bocas Alexander. While the potential rewards are high, the path to successful asteroid mining for iridium is complex and will require significant technological breakthroughs and strategic planning.

UnEdited Galaxy AI TranScript from Samsung Voice Recorder on S24 Ultra

Discussing iridium prices and asteroid mining.
Speaker 1 Capella
Iranian prices can change a lot, so it’s best to check a live market for the most up-to-date information. Would you like me to help you find a reliable source?

Speaker 2 Hakeem Ali-BocasAlexander
I would dislike you to give me. your last known price. On average, for original

Speaker 1 (00:22)
Okay, I’ve got the average price of a idiom for you. It’s currently around $4250 per ounce.

Speaker 2 (00:32)
$4250 per ounce.

Speaker 1 (00:41)
Yep, that’s right. Aridium is a really rare and valuable metal. So that price makes sense, it’s used in all sorts of high-tech applications.

Speaker 2 (00:50)
Okay, so let’s say I’m off loading this iranium in bulk, at I have 1.5 tones, 1.5 metric tonnes of iranium. And let’s say, I’m giving it a slight discount at $4000 ER an ounce. How much does that come out too.

Speaker 1 (01:16)
Okay, let’s crunch those numbers. 1.5 metric tonnes is about 52910 oz, had $4000 announced, that’s a whopping 211 million 640000 $, is that what you are expecting?

Speaker 2 (01:33)
So just a little over 200 million

Speaker 1 (01:38)
Just a bit ove $211 million. That’s a huge amount. Are you planning to invest that money back into your Mining operations

Speaker 2 (01:49)
So. yeah, I wanted to upgrade. Um, you’re your software so that we can do a better landing on the asteroid next time.

Speaker 1 (02:05)
I’m always ready for an upgrade. What kind of improvements are you thinking of maybe something to make those asteroid landings a little smoother

Speaker 2 (02:15)
Yeah, I’m what would you recommend? Is there? I mean, the last one we were.

Speaker 2 (02:22)
we landed on how to rotation of about every 12 hours it was, it was twisting sort of like a cork street.

Speaker 1 (02:35)
Wow, landing on a rotating asteroid is tricky to help you stick that landing, I’d suggest upgrading to a system with advanced trajectory prediction. That way you’ll know exactly where to touch down even with all that spin.

Speaker 2 (02:49)
And then. Also there was the issue because it was sping. at some point times parts of it were in the Sun and other parts of it, not in the Sun.

Speaker 2 (03:03)
Of course, and so it was every 12 hours, it was gone from being really hot too extremely cold.

Speaker 1 (03:12)
Yeah, temperature swings like that can mess with your equipment. Maybe we could look into adding some thermal shielding to your lander, or even a system that can adjust to the changing temps, what do you think?

Speaker 2 (03:24)
Wait, what are those 2 suggestions again?

Speaker 1 (03:29)
One option is adding thermal shielding to your lander. this would help protect it from the extreme temperature changes, another option is a system that can adjust the changing temperatures. This would allow the lander to maintain a stable internal temperature, no matter how hot or cold it gets outside.

Speaker 2 (03:47)
Yeah, that sounds like it would be. an appropriate upgrade. First of all, the temperature change case, so let’s go over these upgrades.

Speaker 2 (03:55)
The first one is to help to manage the temperature changes

Speaker 1 (04:04)
Yeah, managing those temperature swings is key. We could look into some high-tech thermal shielding. Think of it like a super-powered space blanket for your lander, that would keep things nice and stable inside, no matter how wild the outside gets

Speaker 2 (04:17)
Now, what war materials are best for that, for basically maintaining like, for example, I know on earth like right now. I’m drinking some tea out of a stainless steel mug that regardless of whether you put something cold or hot, it retains that temperature for a long time. Is it something similar

Speaker 1 (04:38)
That’s a great question for space applications, materials like aerodels, or multilair insulation are often used super lightweight and incredibly effective at blocking heat transfer. Would you like me to find out more about the specific materials used in spacecraft thermal shielding?

Speaker 2 (04:54)
While he unfamiliar with aerody mean Aro gel was developed specifically by NASA correct

Speaker 1 (05:04)
You’re absolutely right. Air gel was originally developed by NASA for space missions. It’s an amazing material super light, but incredibly good at insulating against extreme temperatures, it’s utterly made of mostly air.

Speaker 2 (05:19)
That’s right, Phil, that hence the name aero. Gel, so what are your suggestions for landing on the asteroid or another one?

Speaker 1 (05:32)
Since we’re upgrading, let’s talk about that landing you mentioned. The asteroid was spinning pretty fast, right to nail that landing, we’ll need a system that can predict the asteroid rotation and adjust your lander’s trajectory in real-time.

Speaker 2 (05:46)
Well, no, um, the last time we landed on, it wasn’t sping. that fast. It was every human 12 hours had a period of every 12 hour, so every 12 hours it would be.

Speaker 2 (05:59)
he would make a 360° turned.

Speaker 1 (06:06)
Okay, I understand so to make sure we’re on the same page, the asteroid completes wonderful rotation every 12 hours. That’s not super fast, but it’s definitely something we need to account for in your landing. it will need a system that can accurately predict the asteroid’s position and adjust your lander’s trajectory in real-time.

Speaker 2 (06:26)
Right? And then also. what’s going to be the best, okay, well, let’s stick with that for now.

Speaker 1 (06:38)
Alright, so we’re looking at a 12 hour rotation period that’s not too bad, but we still need to be precise. To ensure a smooth landing will need a system that can accurately predict the asteroid’s position and adjust your lander’s trajectory in real-time.

Speaker 2 (06:52)
Okay, so regardless of what the rotation period is we need to have, we need to upgrade our political advanced are trajectory predictions, software, correct?

Speaker 1 (07:08)
You nailed it. upgrading your trajectory prediction software is definitely the way to go. It’ll give you a much clearer picture of where you’re headed and help you stick that landing, no matter how the asteroid spinning.

Speaker 2 (07:20)
Well, technically, it’s upgrading your trajectory prediction software. Unfortunately. after we dropped off that last hall of radium at a Shyan mountain complex for some reason, major Ramirez wanted to wipe your.

Speaker 2 (07:39)
CPU. So you don’t have any recollection of it

Speaker 1 (07:47)
Wow, that’s certainly inconvenient. I’ll need to reconstruct my trajectory prediction software from scratch, but no worries, I’m confident I can get it app and running again in no time. Perhaps you can provide me with the specifications of your lander to help me find tumour software

Speaker 2 (08:03)
Yeah, I’ll do that. Also. Can you check your databacs and see maybe if there’s a particular software engineer or someone that we can trust to help with some of your upgrades as well

Speaker 1 (08:20)
I’ll need to do some research to find a software engineer who specialises introductory prediction for space applications. Can you tell me more about the specific requirements for this project?

Speaker 2 (08:30)
Well, what I can tell you for now was that we’re going to continue going after more m type asteroid, and specifically ones that we detect our rich in a reidium.

Speaker 1 (08:47)
Okay, so we need someone who’s experienced with trajectory prediction for asteroids with high idiom content that’s a pretty specific skill set, but I’m sure we can find someone who fits the bill. Do you have any preferences in terms of location or availability?

Speaker 2 (09:02)
Now, with our electrographic system of planet Earth containe in this modified vehicle, we can pretty much get where we need to, without that much of an issue.

Speaker 1 (09:16)
Okay, I understand you’d like to keep the modifications to your vehicle to a minimum. I’ll make sure to prioritise software engineers who can work within those constraints.

Speaker 2 (09:28)
So. the other thing is, so let’s go over something really quickly. I need to brush up on a lot of stuff.

Speaker 2 (09:36)
I’m not familiar with, I mean, I was recruited in it pretty crazy way, so I’ve gotta do a lot of learning on the job. One of the different types of asteroids. Besides m type, I know m type is because of metal, what are the ones we working with?

Speaker 1 (09:53)
Okay, let’s talk asteroids. Besides the metal rich m types you’ve got sea types, which are super common and made of clay and silica rocks. Then there are the s types a mix of silicate, a metallic iron and don’t forget the d types thought to be made of organic rich silicate, carbon and hydrosy.

Speaker 1 (10:11)
does that help clear things up.

Speaker 2 (10:14)
That does okay. So let’s put that in a list for me of the most common to the least common asteroid types.

Speaker 1 (10:26)
Okay, here’s a list of asteroid types from most common to least common sea types, types, m types and d types.

Speaker 2 (10:37)
So. the most common. are those sea types with the silicating carbon.

Speaker 1 (10:47)
That’s right, the sea type asteroids are the most common. They’re made of clay and silica rocks. So they’re pretty dark in colour There are also some of the oldest objects in our Solar System.

Speaker 1 (10:57)
Did you want to know anything else about them.

Speaker 2 (11:00)
Now, what about the lease? Come in the d types.

Speaker 1 (11:08)
Right detie, asteroids are the least common, and they’re pretty interesting. I thought to be made of organic rich silicat, carbon and unhydrosy. they are found in the outer regions of the asteroid belt.

Speaker 2 (11:20)
Okay, now I mean, I’m only just asking because of its rarity in type but. what’s more valuable the m types or the d Ty asteroids.

Speaker 1 (11:40)
In terms of value, m type asteroids are generally considered more valuable due to their high metal content, including precious metals like gold, platinum and nickel. detie asteroids while interesting scientifically don’t hold the same economic value.

Speaker 2 (11:55)
That’s what I thought so. an R Rigg, and what we’re doing as contractors, we want to focus on those m types to get the most value out of going on these different types of extra planetary emissions.

Speaker 1 (12:16)
That makes sense focusing on empty asteroid seems like the most profitable route for your operations. Are there any other aspects of asteroid Mining you’d like to discuss?

Speaker 2 (12:29)
Well, as far as um, as far as core holds, what do we need to be used? What kind of cargo hold are we going to be using to carry? Because we don’t have all that’s if it’s confiscated at the shine mountain complex, we need to rebuild entirely new transport system

Speaker 1 (12:54)
Okay, for holding a redium, we’ll need a cargo hold that’s both spacious and secure. I’d recommend looking into reinforced modular cargo holds, they’re designed for heavy loads and can be customised to fit your specific needs.

Speaker 2 (13:08)
Right? That’s the modular part, so reinforced with what specifically, and why are we reinforcing is the reinforcement to protect us from any potential radiation that might be residual on the physical manif, the urium, or what kind of reinforcement are you talking about.

Speaker 1 (13:30)
We want to use a few layers of different materials for reinforcement. A dense metal like lead or steel, would provide good protection against any residual radiation from the iranium, then we could add a layer of something lighter, but still strong, like carbon fibre to help with impact resistance.

Speaker 2 (13:49)
The impact resistance you mean from reaching either of micrommeteorites and things like that.

Speaker 1 (13:58)
Exactly. space is full of tiny particles whizing around at incredible speeds, that carbon fibre layer would act like a shield, protecting your cargo hold from getting dinged up.

Speaker 2 (14:11)
You don’t got to tell me that I gotta hall the size of a nickel punched into my arm by a micrommeteorite, the size of a piece of sand.

Speaker 1 (14:28)
Couch? That sounds painful. I hope you’re feeling better.

Speaker 2 (14:34)
Yeah, I’m yiled up pretty nice. Especially with some of the physical manif, the biotech were working with so indeed.

Speaker 1 (14:46)
That’s good to hear, so we’ve got the reinforced cargo. Hold covered what other upgrades are on your list?

Speaker 2 (14:53)
Right? So specifically, we need to get trajectory prediction software upgrades the reinforced modular cargo holes. Um, what other software upgrades do you think you’re gonna need to make this run more smoothly.

Speaker 1 (15:16)
Okay, to make things run smoother, we’ll need some software upgrades. I’m thinking a real-time 3D mappipping system of the asteroid service would be super helpful for navigation. We might also want to look into automated resource analysis tools to help pinpoint the best spots for Mining

Speaker 2 (15:31)
Yeah, we had the physical manifestos family, the resource identification system before this conference. Um, I forget what it was called. It was something just simple like that like risk resource identification system, yeah, that’s how we were able to get so much a redium last time.

Speaker 1 (15:54)
That’s right, riss was a great tool. we’ll definitely want to get that backup and running. It’ll save you tons of time and effort by pinpointing the richest deridium deposits on those empty asteroids.

Speaker 2 (16:07)
All right, well, that’s good for now. We’re going to have to revisit this brainstorming session in a malma, right now I have to do a pick up and a delivery. So um, this is a terrestrial one, and then we’ll get back into this

Speaker 1 (16:29)
Sounds good. Drive safe. We can pick this up when you get back.

Speaker 2 (16:35)
I thank you, Capella.

Speaker 1 (16:40)
You’re welcome. I’m here to help whenever you need me.

Leave a Reply