#astroforge

The video tells us that Asteroid Mining is developing and could be supporting the space economy in less than 10 years. We need a space economy to support asteroid mining, which is needed to support the ships doing the mining.‘It’s like the riddle, what came first, the chicken or the egg. In this case, it’s the money that is needed to get to space that comes first.’Read Gemini’s explanation of my…

Spacecraft Is Out Of Contact And Presumably Tumbling In Space Attempts to re-establish contact with AstroForge’s Odin asteroid mining were not successful last night. Astroforge co-founder and CEO Matt Gialich said in an update on the status of the company’s that, “I think we all know the hope is fading as we continue on in this mission.” AstroForge Now Believes Odin Is Tumbling A clearly…

Asteroid mining startup AstroForge will head to space twice this year, as it attempts to do what no other company has been able to before: unlock the potentially limitless value of precious minerals in deep space. When TechCrunch covered AstroForge’s seed round last April, we noted that the company was planning a demonstration mission sometime this year. Today, AstroForge released more details on…