AstroForge
From Wikipedia, the free encyclopedia
| Company type | Private |
|---|---|
| Industry | Aerospace |
| Founded | January 10, 2022 |
| Founder | Matt Gialich Jose Acain |
| Headquarters | , United States |
| Website | www |
AstroForge is an aerospace company based in Huntington Beach, California. The company is working on developing asteroid mining technologies, aiming to become the first commercial entity to do so.[1][2] As of 2024[update], no commercial asteroid mining efforts have been successful, although several government-led missions have successfully returned asteroid samples.[3]
AstroForge was founded on January 10, 2022 by Matthew Gialich and Jose Acain, aiming to become the first asteroid mining company. AstroForge raised about $13 million in seed funding, and worked on developing technologies aimed to process asteroid materials.[4] In 2023, the company had over twenty employees.[5]
In April 2023, AstroForge launched its first mission via the SpaceX's Falcon 9 rocket on its Transporter-7 rideshare mission and built by the aerospace company OrbAstro, the AstroForge 6U cubesat called Brokkr-1 was sent into Low Earth Orbit to test asteroid material refinement technologies.[6][7] The aim was to separate precious metals like platinum from general materials like iron. The mission failed because of communication problems.[8][9] On October 18, 2023, AstroForge completed a successful test of the flight propulsion system for their next mission, Odin.[10]
Odin launched on 27 February 2025 as a rideshare of the IM-2 lunar mission; it failed due to ground station and communication issues.[11]
Goals
AstroForge's goal is the extraction, refinement, and sale of platinum-group metals (PGMs) located within M-type asteroids near to Earth. These asteroids are generally quite small in comparison to main belt asteroids, being anywhere from around 20 to 300 meters in diameter. M-type asteroids are also believed to account for about 3-5% of all Near Earth Asteroids (NEAs). AstroForge considers five different asteroids that fit these qualifications as potential mining targets in future operations. Unlike other companies that were involved with space resources industries that had an interest in extracting water ice within asteroids and splitting it into hydrogen and oxygen to create interplanetary fuel depots, AstroForge is not interested in this concept due to the lack of a current market for interplanetary fuel depots.[4][5]
Although there have been a number of robotic missions that have returned asteroid material to Earth (JAXA's Hayabusa and Hayabusa2 probes along with NASA's Osiris-REx probe), the process has yet to be commercialized, or completed on an M-type asteroid given that the past research targets of JAXA and NASA were C-type asteroids.[3][12]