United States operational
AstroForge
AstroForge is an American asteroid mining company targeting platinum group metals (PGMs) — platinum, palladium, rhodium, iridium — from near-Earth asteroids.
- Founded
- 2022
- Headquarters
- Huntington Beach, United States
- Ownership
- Private
- Last round
- Undisclosed round · $40.8M 2024-07
Quick Facts
About AstroForge
AstroForge is an American asteroid mining company targeting platinum group metals (PGMs) — platinum, palladium, rhodium, iridium — from near-Earth asteroids. Founded in 2022 and headquartered in Huntington Beach, California, the company launched Brokkr-1, a refinery demonstration mission, aboard a SpaceX rideshare in April 2023 to test its asteroid material processing technology in orbit. AstroForge's second mission, Brokkr-2, is an asteroid prospecting spacecraft targeting a specific near-Earth asteroid to characterize its composition before mining operations.
The company has raised over $55M from investors including Y Combinator, Map Ventures, and others. Co-founded by Matt Gialich (CEO) and Jose Acain (CTO), both veterans of SpaceX. AstroForge's thesis is that while asteroid mining has failed before (Planetary Resources, Deep Space Industries), falling launch costs now make the economics viable.
Matt Gialich (CEO, Co-founder)
Funding history
2 events| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2024-07-23 | Undisclosed round | $40.8M | — Form D filed 2024-08-29 by AstroForge, Inc.: $40.8M sold of a $46.4M offering (first sale 2024-07-23). | sec.gov |
| 2024-07-23 | Undisclosed round | $42.5M | — Form D amendment filed 2025-01-31 by AstroForge, Inc.: $42.5M sold of a $46.4M offering (first sale 2024-07-23). | sec.gov |
Team
Matt Gialich (CEO, Co-founder)
Signals
- Verification
- Verified 2026-09-05
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Frequently asked about AstroForge
Quick answers to the questions readers most often search for.
- When was AstroForge founded?
- AstroForge was founded in 2022 in United States.
- Where is AstroForge headquartered?
- AstroForge is headquartered in Huntington Beach, United States.
- What does AstroForge do?
- AstroForge is an American asteroid mining company targeting platinum group metals (PGMs) — platinum, palladium, rhodium, iridium — from near-Earth asteroids. Founded in 2022 and headquartered in Huntington Beach, California, the company launched Brokkr-1, a refinery demonstration mission, aboard a SpaceX rideshare in A…
- Is AstroForge a public or private company?
- AstroForge is a privately held company and is not listed on any stock exchange.
- What sector does AstroForge operate in?
- AstroForge works in asteroid mining and Space resources.
Data Accuracy Notice: Information about AstroForge is compiled from publicly available sources including company websites, press releases, regulatory filings, and industry reports. Data is reviewed periodically but may not reflect the most recent developments.