Downvoted for the Reddit link. If you read the Forbes article linked in the Reddit post, you see that it’s kinda cool! The startup behind this has apparently done a test resource extraction mission successfully in 2023. These things are more test missions that would take a really really long time. So the timeline is incredibly long, but it’s cool regardless in my opinion.
Even with a long timeline, it seems a bit early for asteroid mining. Until in-space manufacturing gets going, it would likely be profitable for only a few platinum-group elements, and even then I’m not sure.
Downvoted for the Reddit link. If you read the Forbes article linked in the Reddit post, you see that it’s kinda cool! The startup behind this has apparently done a test resource extraction mission successfully in 2023. These things are more test missions that would take a really really long time. So the timeline is incredibly long, but it’s cool regardless in my opinion.
Even with a long timeline, it seems a bit early for asteroid mining. Until in-space manufacturing gets going, it would likely be profitable for only a few platinum-group elements, and even then I’m not sure.
Direct link to article: https://www.forbes.com/sites/jamiecartereurope/2024/08/29/space-mining-startup-confirms-first-commercial-mission-to-land-on-an-asteroid/