Space Business Podcast

Space Business Podcast #94 Matt Gialich, AstroForge: Asteroid Mining


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Asteroid mining – do I really need to say anything else to get you excited and curious about listening to this episode? My guest is Matt Gialich, the co-founder and CEO of AstroForge, an LA-based startup. Over a decade on from when the last asteroid mining companies started, AstroForge successfully raised a sizable seed round last year. Asteroid mining is back - hear all about it in this episode, enjoy!

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Learn more about space & the space economy:
  • Check out the edX/EPFL Space Economy MOOC: https://www.edx.org/course/new-space-economy
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  • Do you want to specifically learn about investing in Space? Join the pre-release of Raphael's new live-taught course on Maven: 
  • https://maven.com/space-business-institute/investing-course

    The Space Business Podcast is sponsored by NanoAvionics.

    Support us at https://www.patreon.com/spacebusinesspodcast

     

    Timestamps

    0:00 Intro

    2:17 Elevator pitch

    4:44 Do we really have to mine in space?

    7:02 Background and Origin Story

    11:51 Previous asteroid mining companies

    13:51 Hitching a ride to the Moon

    15:14 Lowering mission costs

    16:18 Spacecraft specs

    17:38 Technology limitations

    19:45 Mission objectives and timeline

    21:18 Extraction tech

    21:56 Approaching an asteroid

    23:23 Power budget

    25:40 Scaling up

    26:49 Potential vs. current (on Earth) PGM cost

    30:13 Business model

    31:44 Regulations

    33:24 Geopolitics

    34:24 Funding

    35:57 Vision

    36:41 Biggest risks and challenges 

    37:40 Current focus

    39:00 Mining other things besides PGM

    40:00 Sci-Fi

    ...more
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