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AstroForge is developing technology to mine asteroids for platinum-group metals, with planned refinery missions that process material in space before returning it to Earth.
ACTIVEAstroForge is a commercial space startup focused on asteroid mining and the extraction of platinum group metals; it builds low-cost, replicable spacecraft to track and eventually mine asteroids, with its DeepSpace-2 mission aiming to rendezvous with a metallic asteroid.
AstroForge is an asteroid mining startup aiming to make off-Earth resource extraction commercially viable. The company is developing spacecraft capable of rendezvousing with near-Earth asteroids, extracting platinum-group metals, and refining them in orbit before returning refined material to Earth. Their phased approach begins with technology demonstration missions followed by prospecting and ultimately full-scale mining operations. AstroForge has already flown its first test payload to demonstrate ore-refining processes in microgravity.
Not ranked: Only 44% of applicable weight is backed by data; 50% is needed to rank.
3 of 7 inputs measured · Insufficient data · 44% of applicable weight backed by data
Not measured: Headcount, Market value, Reported revenue
Not measured: Open-role change (90 days)
A pillar score averages the company’s percentiles among the tracked companies with a value: relative standing, not a grade. Inputs measured 2026-10-14 (UTC) · methodology v6. Every input, its value and percentile · How it is computed
The Space Score ranks companies relative to each other on public data we hold. It describes; it does not rate, forecast or recommend. It is not a credit rating and not investment advice. Full disclaimer
Sources: Founded, Headquarters, CEO, Legal name
For information only, not investment advice. SpaceNexus is not a registered investment adviser, broker or dealer, and nothing here is a recommendation to buy, sell or hold any security. Data may be delayed, estimated or incomplete; check the source before acting. Full disclaimer
2 private rounds on record. Debt, grants, state capital, owner funding and acquisitions are listed under Funding history by class and not added in.
Asteroid flyby spacecraft launched 27 February 2025 as a rideshare on the IM-2 lunar mission to fly by near-Earth asteroid 2022 OB5 and assess whether it is metallic. Contact was lost within a day of launch and the company judged recovery unlikely.
Checking for a discussion…
Compiled Oct 15, 2026 from 5 public records. Every figure links the record it comes from.
Form D notices
1 offering reported on Form D
Latest filed Jan 31, 2025; first sale Jul 23, 2024; 1 of them last updated by an amendment (D/A)
Each offering counts once: a later amendment (Form D/A) replaces its original. Form D names no round label and no investors. Filings for a merger or SPAC deal are left out.
Latest sourced round
Series A: $42.5M
Reported on Form D filed Jan 31, 2025; the date shown is the first sale
Source: SEC EDGAR
First sale Jul 23, 2024
Sourced rounds on record
2 rounds, $55.5M disclosed
Every round has a disclosed amount
Published rounds with a source link only, on the same rules as the funding tracker. Each round links the source that states its figure; amounts in other currencies are converted to dollars at the rate shown on the funding tracker.
Satellites owned or operated
0 in orbit of 2 launched
Latest: Odin
Payloads GCAT lists with this organisation as owner or operator. "In orbit" is GCAT status O. Counted under GCAT organisation code AFORGE. Catalogue updated Sep 24, 2026.
Satellites built
1 payload launched, 0 in orbit
Latest: Odin
Payloads GCAT lists with this organisation as manufacturer. Counted under GCAT organisation code AFORGE. Catalogue updated Sep 24, 2026.
Source: GCAT satellite catalogue
Latest launch Feb 27, 2025
Orbital Astronautics
Built one of its satellites (latest Brokkr-1)
GCAT satellite catalogue, Apr 15, 2023
Took part in Seed (May 26, 2022)
TechCrunch, May 26, 2022
EarthRise
Took part in Seed (May 26, 2022)
Satellite data from GCAT (J. McDowell, planet4589.org/space/gcat), CC BY 4.0.
APA
SpaceNexus. (2026, October 15). AstroForge: Company dossier [Data set]. Retrieved October 15, 2026, from https://spacenexus.us/company-profiles/astroforge
Chicago
SpaceNexus. "AstroForge: Company dossier." Data as of October 15, 2026. Accessed October 15, 2026. https://spacenexus.us/company-profiles/astroforge.
BibTeX
@misc{spacenexus_astroforge_2026,
author = {{SpaceNexus}},
title = {{AstroForge}: Company dossier},
year = {2026},
month = oct,
howpublished = {\url{https://spacenexus.us/company-profiles/astroforge}},
url = {https://spacenexus.us/company-profiles/astroforge},
urldate = {2026-10-15},
note = {Data as of 2026-10-15; each fact links its primary source}
}Recorded as lead of Seed (May 26, 2022)
TechCrunch, May 26, 2022
Took part in Seed (May 26, 2022)
TechCrunch, May 26, 2022
Took part in Seed (May 26, 2022)
TechCrunch, May 26, 2022
Took part in Seed (May 26, 2022)
TechCrunch, May 26, 2022