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AstroForge's ultimate goal in the field of asteroid mining is the extraction, refinement, and sale of platinum-group metals (PGMs) located within M-type asteroids near to Earth. These asteroids are expected to be quite small in comparison to main belt asteroids, being anywhere from around 20 to 300 meters in diameter.
AstroForge is, in short, attempting to send into space a tiny refinery that can extract minerals out of an asteroid, then bring the valuable metals back to Earth, leaving the rest.
To kickstart its operations, the startup has closed a $13 million seed round, financing which co-founder Matt Gialich says will fund Astroforge through its first two missions, including an initial ...
Asteroid mining is the hypothetical extraction of materials from asteroids and other minor planets, including near-Earth objects. [1] Notable asteroid mining challenges include the high cost of spaceflight, unreliable identification of asteroids which are suitable for mining, and the challenges of extracting usable material in a space environment.
Tools. Tools. move to sidebar hide. Actions ... Space mining Company name Body to be mined ... Company name Body to be mined Mining craft Mining status Ref AstroForge ...
Asteroid mining has the potential to be wildly lucrative, but for decades companies have tried and failed to make it a reality. High risk, high reward: Startups are still eager to mine space rocks ...
This page was last edited on 4 November 2016, at 21:56 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
AstroForge: 2022 OB 5: Flyby Expected to reach 2022 OB 5, a suspected M-type near-Earth object, in December 2025. [16] Tianwen-2 Tianwen-2: May 2025 [17] Long March 3B: CNSA: 469219 Kamoʻoalewa: Orbiter/lander/Sample return Planned arrival in 2026 [18] [19] DESTINY+: DESTINY+: 2028 [20] H3: JAXA: 3200 Phaethon: Flyby Planned arrival in 2030 ...