What Will Director James Cameron Do In Outer Space?

A mysterious planetary project backed by a high-profile group of individuals—director James Cameron, Google executives Larry Page and Eric Schmidt, and politician Ross Perot's son, among others—will be revealed on April 24th, in a conference-call unveiling of space exploration company Planetary Resources.

Technology Review speculates that he project, which promises to "create a new industry and a new definition of 'natural resources'," will be something along the lines of asteroid mining. The project itself is being headed by X Prize founder Peter Diamandis, who in a 2005 Ted talk lauded the possibilities of asteroid mining in particular and extraterrestrial environments in general.

Guess it's probably not going to be a colossal-budget intergalactic blockbuster, after all. [TheVerge - Image via Mopic/Shutterstock]