# China To Launch First Ever Asteroid Mining Robot Into Space.
An IEEE Spectrum report stated that the asteroid mining robot will be launched into space by a Chinese Long March series rocket.
If the NEO-1 mission turns out to be a success, it may open up a trillion-dollar industry.
Notably, Chinese company Origin Space is also working on another mission currently. The ‘Yuanwang-1’, which has been nicknamed ‘Little Hubble’, is set for a late 2021 or early 2022 launch. The mission will involve a lunar landing eventually, but the rest of the course is reportedly still being worked upon.
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