TLDR · SCIENCE & FUTURISTIC TECHNOLOGY

AGAINST ALL ODDS, AN ASTEROID MINING COMPANY APPEARS TO BE MAKING HEADWAY

arstechnica.com5 min read

Summary from the TLDR newsletter

AstroForge recently announced that it successfully raised $40 million in Series A funding. The company aims to mine asteroids for platinum and other precious metals. It is working to launch a spacecraft in the fourth quarter of this year that will attempt to fly by a near-Earth, metallic-rich asteroid while capturing images and taking data. The company has planned a follow-up mission that involves a larger spacecraft docking with the targeted metallic asteroid using magnets.