How Far Out Into Space Are These Asteroids?

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Asteroids are extremely valuable metals, and the only reason we see them on Earth is due to asteroid impacts that have happened millions of years ago. Nobody in history has successfully docked with an asteroid and brought materials back to Earth on an unmanned mission. "We're taking a lot more risk than a large space agency would take," says Elon Musk about his rocket company SpaceX.

AstroForge CEO Matthew Gialich joins Jason to discuss his startup’s lofty goal of mining Platinum Group Metals from asteroids (1:11). They discuss the recent launch of their Brokkr-1 space vehicle, the company’s road map to gather PGMs successfully from space, and SpaceX’s impact on the space industry (5:42). Then, Founder University’s Kelly Schricker gives a presentation on how to set up a fundraising process for your startup (31:51).

(0:00) AstroForge’s Matthew Gialich joins Jason

(1:11) The purpose of mining asteroids

(5:42) Brokkr-1 mission

(10:38) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/TWIST

(12:09) AstroForge’s roadmap

(16:07) Unit economics of hardware-based businesses

(17:38) Scaling Virgin Orbit and Virgin Galactic

(20:51) Pilot - Get 20% off the first 6 months at https://pilot.com/twist

(22:20) The evolution of the space economy

(30:43) Crowdbotics - Get a free scoping session for your next big app idea at http://crowdbotics.com/twist

(31:51) How to set up a fundraising process

FOLLOW Matt: https://twitter.com/MattGialich