Establishing a market in space resources

Our mission at AMC is to establish a market for space resource utilisation through innovative robotics and a Space Resources Database.

Previous attempts to mine asteroids have failed to take off. This is, in our opinion, because these past efforts have not been based on developing products and services that had a viable use case in our current market.

We specialise in viable near-term solutions and all of our ventures are profit-driven rather than speculative.

What’s the value of an asteroid?

Each asteroid is unique and as such they have widely varying valuations. These building blocks of the solar system contain a variety of materials that are mined on earth: platinum, palladium, rhodium and osmium to name but a few.

Scientists have already estimated that some metallic asteroids in Near Earth orbits - one example being Asteroid (6178) 1986 DA - contain trillions of pounds worth of these metals, including more platinum than has ever been mined in the history of the Earth. Naturally, this does not account for the depreciation in the value of these minerals once they are introduced into the terrestrial market, although technical limitations prevent us from releasing too much supply at once. Our planned mission cadence in the 2030s aims to recover 20 tonnes of processed platinum ore annually, equivalent to approximately 10% of the current global supply.

Over the past decade, we have become increasingly aware of the limits of Earth’s resources and that the potential for off-world mining is huge. We believe that it could provide a sustainable solution to humanity’s reliance on fossil fuels, whilst equipping our species with enough resources to support the development of our societies for thousands of years into the future.

Our team

Asteroid Mining Corporation is managed by a highly dedicated team based across the globe, covering a range of disciplines from extraterrestrial economics to spacecraft operations. Meet the Earth's first asteroid prospectors:

Mitch Hunter-Scullion

CEO & Founder

Pioneering extraterrestrial economist, broadcaster and registered political lobbyist for the space mining industry. Member of The Hague International Space Resources Governance Working Group.

BA Hons International Relations and History from Liverpool Hope University.

Prof. Mickaël Laîné

Chief Robotics Engineer

Assistant Professor, Space Robotics Lab, Tohoku University.

PhD Space Exploration Robotics from Tohoku University, MEng Mechanical Engineering from Sorbonne Université de Paris IV.

Jeremy Soper

Chief Operations Officer

7 years R&D in the Roadrail industry; 3 years designing, building, and test flying experimental aircraft; now seeking to make his mark off the planet.

MEng MA (Cantab) Aerospace and Mechanical Engineering First Class Honours with Distinction from the University of Cambridge.

Subham Gupta

Chief Technical Officer

CEO & Founder, Space Resources Laboratory Ltd. 7 years’ experience in mechanical space systems including lunar mission SRMSAT-2 and asteroid retrieval.

MSc Astronautics and Space Engineering from Cranfield University.

Andrey Lopantsev

Chief Strategy Officer

Co-founder of agritech startup GrowYourOwn Ltd, AccelerateME funding recipient.

BEng Aerospace Engineering from Manchester University.

Elijah Puscas

Chief Investment Officer

Country Manager, Binance Romania. Tech-savvy astronomy nut with 7 years experience in the City of London cryptosphere.

MA European Affairs and Project Management from Babes-Bolyai University.

Barley Weatherall

Head of Hispanic Affairs

Translator and network coordinator working to connect the Spanish-speaking world with the asteroids.

BA Hons in Modern Foreign Languages (Spanish, French and Italian), first class with oral distinctions from the University of Bristol.

Ben Dorset

Head of Astronomy

YORP effect researcher.

MPhys Physics with Astrophysics from the University of Kent.

Joel Burkin

Head of Astrogeology

Exploration geologist and strategic resource analyst, formerly of the British and Western Australian Geological Surveys.

BSc Geology from James Cook University.

Dr. Daniel Niblett

Head of Process Engineering

EPSRC Doctoral Prize Fellow researching multiphase flow and transport in fuel cell porous layers and gas channels.

PhD & MEng Chemical Engineering from Manchester University.

Andre Nowaczek

Mission Specialist

Space infrastructure and in-situ resource utilisation researcher.

MEng Aerospace Engineering from the University of Cambridge.

Athena Atkinson

Head of Mining Engineering

Global and domestic mining operations specialist.

MSc Mining Engineering and BSc Geology from the University of Exeter Camborne School of Mines.

Wes Faires

Head of American Operations

Director, Space Rights, LLC and Private Sector Advocate for off-planet property interest to UNCOPUOS Legal Subcommittee, Hague International Space Resources Governance Working Group.

Graduate Certificate Air & Space Law from the University of Mississippi.

Board of advisors

Prof. Rossana Deplano

Space Law Advisor

Associate Professor in Law at the University of Leicester specialising in public international law, including international space law and United Nations law.

LLB, LLM from the University of Cagliari, PhDs from Brunel University and the University of Nottingham.

Bob Morris FBIS

Corporate Advisor

Engineer and manager experienced in all aspects of spacecraft and ground station development from design through to production and launch.

Chairman of the Northern Space Consortium, Fellow of the British Interplanetary Society, former ESA astronaut applicant.

Our partners

Tohoku University | Space Robotics Laboratory

Led by Professor Kazuya Yoshida, the Space Robotics Laboratory (SRL) within the Department of Aerospace Engineering at Tohoku University, Sendai, Japan, is dedicated to the research and development of robotic systems for space science and exploration missions.

Liverpool John Moores University | Astrophysics Research Institute

AMC has been working for the past 3 years with Liverpool John Moores University's Astrophysics Research Institute (LARI) on the development of Asteroid Prospecting Satellite One (APS-1). LARI are a world leading authority on astronomy, in particular the manufacture of astronomical instruments, and remotely operate the 2 metre diameter robotic Liverpool Telescope based on La Palma. LARI are designing a bespoke optics package for APS-1 and contributing to the development of the machine learning algorithms required to process the data collected by APS-1.

University of Liverpool

The University of Liverpool is handling the mechanical engineering for APS-1, working closely with LARI, being based on opposite sides of the same road. A source of pride for the city, APS-1 will be the first ‘Liverpool Satellite’. The Liver Birds may not be able to fly, but they are going to space regardless.

University of Glasgow | School of Engineering

AMC is working with the University of Glasgow’s School of Engineering (UGSE) to develop a space mining drill. UGSE has already tested prototypes in Antarctica and in ESTEC's Large Diameter Centrifuge. Dr Kevin Worrall’s team is now upscaling their scientific instrument into a commercial tool capable of extracting material in economically viable quantities.

Northern Space Consortium

AMC is proud to be supported by the Northern Space Consortium as our primary network integrator. NSC are working to develop the space industry in the North of England and Wales. AMC was founded in Liverpool and maintains strong links to the North West of England.

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Our vision

Our vision for the future sees asteroids as the basis of the extraterrestrial economy. Our first mining probe will focus on the erection of extraction and processing equipment and attempt to recover 20 tonnes of platinum - accounting for 10% of the annual global supply. Reusable shuttles will continue to transport material to and from Earth until the mine’s depletion. These building blocks will form the foundations of humanity's expansion into space.