Asteroid mining startup AstroForge will test its metal refinery tech in space this year
The company plans to launch a prototype metal refinery into orbit later this year, to test the feasibility of mining and processing metals in space.
AstroForge is a startup that plans to mine metals from asteroids and process them into useful products in space. The company has been developing its technology for the past two years and is now ready to test it in orbit.
The company’s metal refinery is a prototype that will be launched into orbit later this year. It will be used to test the feasibility of mining and processing metals in space. The refinery will be operated remotely from AstroForge’s headquarters in the United States.
If the test is successful, the company plans to build a larger metal refinery in orbit, which could be used to process metals from asteroids for use in space construction and other applications.
AstroForge, a startup that plans to mine asteroids for metal, will test its metal refinery technology in space this year.
The company intends to use its technology to extract metals from asteroids and sell them to companies and governments for use in products and infrastructure.
AstroForge has raised $1.5 million from investors including Y Combinator and Boost VC to develop its technology.
The company plans to test its metal refinery in space by installing it on a small spacecraft that will be launched into orbit later this year.
If the technology works as planned, AstroForge intends to use it to build a larger metal refinery that could be installed on a larger spacecraft or even a space station.
The company sees a future in which asteroids are mined for their metal content and sold to companies and governments for use in products and infrastructure.
AstroForge believes that its metal refinery technology could be a key part of this future, and it plans to test its technology in space this year.
Asteroid mining startup to test its metal refinery tech in space this year
AstroForge, a startup that plans to mine and refine metals from asteroids, will test its technology in space this year. The company has signed a deal with a spaceflight services company to hitch a ride on a launch later this year.
AstroForge plans to use its metal refinery to process nickel and iron from an asteroid. The metals will be used to 3D print structures in space, such as satellites or habitats for astronauts. The company says its technology could eventually be used to help build a space infrastructure that is “self-sustaining and independent from Earth”.
This is not the first time that a company has attempted to mine an asteroid. In 2015, Planetary Resources launched a crowdfunded mission to send a 3D printer to an asteroid to test the feasibility of mining metals in space. The company is now working on a spacecraft that it plans to launch in 2020.