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Asteroids loom as a new Klondike

Asteroid-hunting telescope
An artist’s conception shows an asteroid-hunting telescope in Earth orbit. (Credit: NASA)

Seattle could profit from the rush for resources in outer space much as it did during the Klondike Gold Rush of the 1890s: by selling goods and services to the fortune-seekers.

At least that’s the vision laid out by entrepreneurs who are laying the groundwork in Seattle — and in space — for what they hope will be a multitrillion-dollar asteroid mining industry.

“I do believe that the first trillion is going to be made in space,” Peter Diamandis, one of the founders of Redmond-based Planetary Resources, said via video during a Seattle Space Entrepreneurs reception at Kirkland’s Marina Park on Thursday.

Chris Lewicki, the company’s president, noted that Seattle became a boomtown because of its location as the “Gateway to the Gold Fields” in Alaska. The city’s merchants made their fortunes by provisioning tens of thousands of would-be miners for the outward journey.

He and Diamandis told Thursday’s gathering of about 150 entrepreneurs and space geeks that Seattle is in a similar position today — not so much because of the region’s geography, but because of its intellectual resources.

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