AstroForge's Second Asteroid Mining Mission

This is a California news story, published by Gizmodo, that relates primarily to Moon news.

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first asteroid mining company

Gizmodo

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Asteroid Mining Is the Path to a 'Shitload of Money,' Astroforge CEO Says

Summary

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California startup AstroForge is preparing to launch its second mission in the attempt to develop technologies for mining precious metals from asteroids millions of miles away.

The company is in a race against time to become the first to mine an asteroid for platinum and sell it on Earth for a whole lot of money.

AstroForge recently raised $40 million in funding as it prepares to launch a second mission, named Odin .

The company will launch a Falcon 9 rocket on its way to the Moon and land on an asteroid.

It will be the first time in human history that a private company launches into deep space to perform a mission.

Gialich: "We want a metallic asteroid that we can access and keep mining over a certain given time".

Asteroid mining can be a hugely lucrative, and also much more environmentally friendly in every measurable way.

Gialich:Â The same way that resources on Earth are limited, are we going to run out of material in space?Â Essentially, resources in space are unlimited for the sake of this conversation.

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English

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