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Sunday, May 29, 2022

Early Looks at Asteroid Mining

Science, Space, Health & Robotics

Asteroid-mining startup books its first mission, launching with SpaceX

Astroforge, a Y Combinator asteroid-mining startup, has scheduled its first mission due to launch aboard a SpaceX Falcon 9 rocket.

Adam Hunt  @AdamHuntTT

The Y Combinator asteroid-mining startup is based out of California, and was only founded in January 2022 with the only goal of taking "asteroid mining out of the realm of sci-fi into the realm of reality," according to AstroForge cofounder and CEO Matt Gialich.

The $13 million in funding secured will finance Astroforge's first two missions, the first of which will be a demonstration flight currently booked for a rideshare mission about a SpaceX Falcon 9 next year. Astroforge has also partnered with OrbAstro to create the first satellite for its initial demonstration flight and already has its eye on a collection of candidate asteroids to visit.

The asteroids Astroforge will be targeting are between 20 meters (65.6 feet) to 1,500 meters (0.93 miles) in diameter. Astroforge is particularly targeting asteroids with high concentrations of platinum-group metals, which include ruthenium, rhodium, palladium, osmium, iridium, and platinum. ..... '

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