AstroForge Prepares for Deep-Space Mission to Mine Asteroid Written 6 November 2024
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Artist's depiction of a satellite probe mining a near-earth Asteroid | Credit: NASA; Wikimedia Commons; Public Domain
Mining.com reports, “California-based AstroForge, a pioneer in the field of space mining, is preparing to launch the first fully commercial deep-space mission with the ambitious goal of harvesting precious metals from asteroids. CEO Matt Gialich envisions a future where mining in space alleviates Earth’s resource constraints by tapping into the vast, untapped deposits found on asteroids and other celestial bodies. In a conversation with MINING.COM’s host Devan Murugan, Gialich said that AstroForge’s unique positioning in space will enable the company to achieve profit margins superior to traditional, earth-based mining, largely due to the abundance and purity of space resources.”
Full Story (Mining.com)