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Launch is targeted for 2017 or 2018. The group is angling to fly aboard SpaceX's Falcon 9 rocket, which made history last month by lifting a cargo capsule to the International Space Station. Experts said the telescope's vantage point would allow it to spy asteroids faster than ground-based telescopes and accelerate new discoveries. NASA explored doing such a mission in the past but never moved forward because of the expense. "It's always best to find these things quickly and track them. There might be one with our name on it," said Don Yeomans, who heads the Near-Earth Object Program at NASA's Jet Propulsion Laboratory, which monitors potentially dangerous space rocks. Aside from the technological challenges, the big question is whether philanthropists will open up their wallets to support the project. Nine years ago, the cost was estimated at $500 million, said Tim Spahr, director of the Minor Planet Center at Harvard University who was part of the team that came up with the figure for NASA. Spahr questions whether enough can be raised given the economy. "This is a hard time," he said. The group has received seed money -- several hundreds of thousands of dollars
-- from venture capitalists and Silicon Valley outfits to create a team of experts. Foundation chairman Ed Lu said he was confident donors will step up and noted that some of the world's most powerful telescopes including the Lick and Palomar observatories in California were built with private money. "We're not all about doom and gloom," said the former shuttle astronaut. "We're about opening up the solar system. We're talking about preserving life on this planet." ___ Online: NASA's Near-Earth Object Program:
http://neo.jpl.nasa.gov/
[Associated
Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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