Planetary Resources, New Space Startup, To Mine Asteroids And Sell Materials On Earth

Remember that movie "Armageddon"? Bruce Willis and Ben Affleck travel to space to drill into an asteroid and break it apart before it collides with Earth.

Here are two pieces of good news while that late-'90s classic is fresh in your mind:

Flaming spheres of death are not -- for the time being, at least -- careening toward Earth. And asteroid drilling could actually benefit the planet, according to a pair of space entrepreneurs who want to do it.

Peter Diamandis and Eric Anderson will announce next week the launch of Planetary Resources, a new company they've created that aims to sell resources extracted from asteroids.          Full Read