Karman+, a startup focused on asteroid mining, has raised $20 million in a seed round to develop autonomous spacecraft capable of reaching and extracting resources from asteroids. Targeting missions that could operate at a fraction of traditional costs, Karman+ plans to harness asteroids for water, which can be used to refuel spacecraft and extend satellite lifespans. The company envisions a profitable future in space manufacturing, predicting a single-digit billion dollar annual market. With a targeted launch in 2027, Karman+ reflects the advancing capabilities of technology and deep space exploration.
Karman+ is pioneering asteroid mining technology, raising $20 million to develop autonomous spacecraft for material extraction beyond Earth, potentially transforming space exploration.
The startup’s ambitions include mining asteroids for water and rare metals, aiming for cost-effective missions that could redefine the economic landscape of space.
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