AstroForge
We Mine Asteroids
About AstroForge
Where is AstroForge headquartered?
AstroForge is headquartered in Los Angeles, CA.
What does AstroForge do?
We Mine Asteroids
What problem does AstroForge solve?
Earth-based mining of platinum group metals has low margins, limited supply relative to demand, and is expensive and environmentally destructive.
What's AstroForge's solution?
AstroForge builds low-cost, autonomous, replicable spacecraft to track and mine metal-rich asteroids in deep space, with its DeepSpace-2 mission set to rendezvous with a near-Earth asteroid.
What makes AstroForge different?
The company cites asteroid mining margins of roughly 85% versus about 7% for terrestrial mining, states a single metal-rich asteroid could supply Earth's demand for 200 years, and frames DeepSpace-2 as the first-ever commercial rendezvous with a body outside the planetary gravity well.
What makes AstroForge notable?
AstroForge was founded by Matthew Gialich and Jose Acain with the explicit goal of becoming the first company to mine an asteroid, and has raised over $40 million toward that mission.
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