- In October 2023, Space Exploration Technologies Corporation, in collaboration with NASA, launched a mission to the asteroid belt between Jupiter and Mars, aiming to explore previously uncharted iron cores and expand knowledge of planetary formation
- In October 2023, NASA initiated the Psyche mission, designed to investigate the metal-rich asteroid 16 Psyche, which is estimated to hold precious metals worth USD 100,000 quadrillion, offering critical insights into the evolution of planetary bodies
- In April 2023, TransAstra secured a USD 0.85 million Phase 2 business innovation research contract from NASA to develop an inflatable capture bag for orbital debris removal, demonstrating advanced space-cleaning technology
- In March 2023, OffWorld expanded its global footprint by establishing its European headquarters in Luxembourg, enhancing its capabilities in developing AI-powered robotic systems for extreme environment operations, including space mining applications
- In January 2023, Astroforge Inc. announced its plan to launch a spacecraft dedicated to exploring platinum group metals, with the goal of significantly reducing space mining costs and advancing extraterrestrial resource extraction
Frequently Asked Questions
Companies such as Asteroid Mining Corporation Limited (U.K.), Bradford Space (U.S.), ispace (Japan), Kleos Space S.A. (Luxembourg), Moon Express (U.S.), and SpaceFab.US, Inc. (U.S.) are the major companies in the asteroid mining market.
In October 2023, Space Exploration Technologies Corporation, in collaboration with NASA, launched a mission to the asteroid belt between Jupiter and Mars, aiming to explore previously uncharted iron cores and expand knowledge of planetary formation. In January 2023, Astroforge Inc. announced its plan to launch a spacecraft dedicated to exploring platinum group metals, with the goal of significantly reducing space mining costs and advancing extraterrestrial resource extraction.
The countries covered in the asteroid mining market are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Netherlands, Switzerland, Austria, Poland, Norway, Ireland, Hungary, Lithuania, rest of Europe, China, Japan, India, South Korea, Australia, Taiwan, Philippines, Thailand, Malaysia, Vietnam, Indonesia, Singapore, rest of Asia-Pacific, Brazil, Argentina, Chili, Colombia, Peru, Venezuela, Ecuador, Uruguay, Paraguay ,Bolivia, Trinidad And Tobago, Curaçao, rest Of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Kuwait, rest of Middle East and Africa, Guatemala, Costa Rica, Honduras, EL Salvador, Nicaragua, and rest of Central America.
