- Space metals investment opportunities are emerging as companies aim to mine asteroids for precious resources like platinum and cobalt.
- Asteroids contain valuable metals that can be used in electronics and electric vehicle batteries, potentially offering a more concentrated and sustainable source compared to Earth.
- The interest in space mining has surged in recent years, with a focus on the Moon as nations plan to establish outposts and require supplies for future missions.
- Companies like AstroForge, TransAstra, and Karman+ are receiving significant venture-capital funding to develop technology for asteroid mining.
- Asteroid Mining Corporation Ltd. is prioritizing terrestrial applications to generate immediate revenue before venturing into space mining, with a focus on developing space robots for exploration.
https://arstechnica.com/science/2024/05/in-the-race-for-space-metals-companies-hope-to-cash-in/
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