Karman+ Raises $20m For Asteroid Mining Demo In 2027

Water from asteroids would refuel geostationary satellites, either directly or after being broken into hydrogen and oxygen, Karman+ says.

Credit: Karman+
Startup Karman+ has raised a $20 million seed round to fund development and launch of a spacecraft in 2027 to demonstrate rendezvous with an asteroid and extract material. The Denver-based company aims to mine asteroids for water to be used directly as fuel, or broken down into hydrogen and oxygen...
Garrett Reim

Based in the Seattle area, Garrett covers the space sector and advanced technologies that are shaping the future of aerospace and defense, including space startups, advanced air mobility and artificial intelligence.

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