Asteroid-mining startup AstroForge Inc. plans to launch its first two missions to space this year as it seeks to extract and refine metals from deep space.
The first launch, scheduled for April 2023, will test AstroForge’s technique for refining platinum from a sample of asteroid-like material. The second, planned for October, will scout for an asteroid near Earth to mine.
The missions are part of AstroForge’s goal of refining platinum-group metals from asteroids, with the aim of bringing down the cost of mining these metals. It also hopes to reduce the massive amount of carbon dioxide emissions that stem from mining rare Earth elements on our own planet, Chief Executive Officer Matthew Gialich said in an interview.
