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AstroForge is an aerospace company based in Huntington Beach, California, and was founded by Matthew Gialich and Jose Acain on January 10, 2022.The company is working on developing asteroid mining technologies, aiming to become the first commercial entity to do so.
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 ...
Mining craft Mining status Ref AstroForge: Near-Earth asteroids Brokrr-1, Odin (formerly Brokkr-2) Development [234] Deep Space Industries: Near-Earth asteroids
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.
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.
Another American company established with the goal of space mining, AstroForge, plans to launch the probe Odin (formerly Brokkr-2) at the end of February 2025, [191] with the goal of performing a flyby of an as yet undisclosed asteroid to confirm if it is a metal-rich M-type asteroid, [192] and then follow it up later in 2025 with the probe ...