- In October 2021, Airbus Ventures announced that the company extended its portfolio with an investment in space Inc. This is also a part of an extension of the lunar exploration company's Series C investment round
- In August 2021, NASA announced that it had given a 10-cent check to mine the moon to space startup Lunar Outpost in the first-ever payment to a company. This check, which was just 10% of Lunar Outpost's USD 1 bid, will go to the company's efforts to collect regolith or lunar dust for the agency
- In April 2021, TransAstra declared that it received two contracts for Sun FlowerSolar Power Tower operations and Radiant Gas Dynamic (R.G.D.) Ice Mining from the NASA Small Business Innovation Research (SBIR) program at the Lunar base of operations
Frequently Asked Questions
The market is segmented based on Segmentation, By Type of Asteroid (Type C, Type S, Type M), Phase (Spacecraft Design, Launch, Operation), Type of Commodity Resource (Water, Platinum Group Materials, Structural Elements), Distance from Earth (Near-Earth Asteroids, Asteroid Belt Distance Ranges from Earth), Application (Extra-Terrestrial Commodity, Construction, Human Life Sustainability, Fuel, 3D Printing), Utilization (Earth, Space) – Industry Trends and Forecast to 2031.
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The Global Space Mining Market size was valued at USD 1.65 USD Billion in 2023.
The Global Space Mining Market is projected to grow at a CAGR of 20.48% during the forecast period of 2024 to 2031.
The major players operating in the market include , Asteroid Mining Corporation Limited , Bradford Space , iSpace , Kleos Space , Planetary Resources , Moon Express , Boeing , ISRO , Airbus S.A.S. , Trans Astronautica Corporation , NASA , OffWorld , Virgin Galactic , Shackleton Energy Company , SpaceFab.US , Northrop Grumman Corporation , Deep Space Industries , SPACE EXPLORATION TECHNOLOGIES CORP. , Japan Aerospace Exploration Agency ,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
