AstroForge selects target for “high risk, seat of the pants” asteroid mission

AstroForge selects target for “high risk, seat of the pants” asteroid mission

The concept of flying out to distant asteroids and mining them for precious metals is going to seem preposterous right up until the moment that someone actually does it.

It’s a terrible business model because it requires years and years of up-front investment and solving myriad technical problems before there’s any hope of a financial return. And scooping up material from a rock pile in space is a lot more challenging than mining the Earth. Asteroids are typically millions of miles away, moving tens of thousands of miles per hour relative to the Sun.

Good luck.

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