this post was submitted on 30 Jul 2023
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Cover author: Michał Kałużny http://astrofotografia.pl/

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Moon mining gains momentum as private companies plan for a lunar economy (www.space.com)
submitted 1 year ago by readbeanicecream@kbin.social to c/space@kbin.social
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"This is now becoming so real."

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[–] zhunk@beehaw.org 1 points 1 year ago

There’s just no way space mining makes money with current tech.

AstroForge thinks they can make asteroid mining work with existing technology. Their CEO did a podcast with Payload a few weeks ago (link, but it's also on Spotify and elsewhere).

They have a demo sat testing their forge and will launch a 2nd sat later this year to do an asteroid flyby. They think they can launch 20+ satellites on a Falcon 9 that could each return $100 million in platinum to the Earth.