AstroForge
US startup aiming to mine asteroids for precious metals using small spacecraft.
Founded
2022
Location
USA
Company Size
25
About
AstroForge (USA, founded 2022) plans to mine asteroids for metals like platinum and iridium using compact spacecraft. The company’s approach is to identify suitable near-Earth asteroids, dispatch small probes to extract ore, and refine materials in space to return high-value product to Earth. In early 2023, AstroForge launched its first test mission (Brokkr-1) to demonstrate in-space refining technologies. A second mission (Brokkr-2) is scheduled to attempt a flyby of a target asteroid, testing the company’s prospecting and extraction capabilities. By focusing on small-scale, rapid missions, AstroForge aims to overcome the high costs of asteroid mining and become the first to bring extraterrestrial metals to market.