What Asteroid Mining Corporation does

Asteroid Mining Corporation (AMC) is a UK-based, privately-held aerospace startup founded in 2016 and headquartered in Liverpool. The company is developing robotics and technology intended to enable commercial extraction of resources from asteroids and other extraterrestrial bodies, with the long-term goal of building an off-Earth commercial market. AMC operates at pre-seed stage with a headcount of 11–50 and has raised approximately $1.16M in disclosed funding to date across two rounds led by E2IN2 and joined by Forum Ventures and Right Side Capital Management.

AMC's core product is SCAR-E (Space Capable Articulated Robotic Explorer), a six-legged, 20-kilogram robotic platform designed to operate in both space and terrestrial environments for resource extraction and exploration. The robot was developed in collaboration with the Space Robotics Laboratory (SRL) at the University of Tohoku in Japan, and was publicly unveiled at the Space Economy Summit in Los Angeles in October 2023. In October 2024, AMC signed a memorandum of understanding with ispace, Inc. to deploy SCAR-E on an ispace lunar lander mission as a technology demonstration intended to validate the platform for future asteroid mining operations.

AMC's business model centers on hardware sales of its robotic platform, with positioning to serve two horizontal customer segments: space mining and exploration (primary), and terrestrial industries requiring rugged robotics in challenging environments (secondary). The company has no publicly disclosed pricing, no named commercial customers, and no reported revenue. Its go-to-market is event-driven, with industry summits and a flagship technology demonstration serving as the primary commercial validation milestones. The company's website domain is registered but not yet active, and no patents, trademarks, regulatory actions, or M&A activity are disclosed.

Name

Asteroid Mining Corporation

Legal name

Asteroid Mining Corporation Ltd.

Website

https://asteroidminingcorporation.co.uk

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Asteroid Mining Corporation is a UK-based aerospace startup developing SCAR-E, a six-legged robotic explorer for space and terrestrial resource extraction, with a planned lunar lander technology demonstration via ispace.

Ownership category

akta.pro rank

Product category

Space Robotics

NAICS

Agriculture, Construction, and Mining Machinery Manufacturing (3331), Guided Missile and Space Vehicle Manufacturing (336414), Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Guided Missiles & Space Vehicles & Parts (3760), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Construction & Mining Robotics (HDAAAIAE)

akta.pro secondary industry

Space Payloads & Instruments (Sensors, Comms, EO/IR) (IMABACAD)

Keywords

• Space mining robotics
• Autonomous exploration robots
• Resource extraction technology
• Lunar surface robotics
• Extraterrestrial mining equipment

Headquarters

HQ city

Liverpool

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Space Mining Technology and Robotics: AMC develops and commercializes space mining robotics technology. The SCAR-E robot is designed to be commercially available for both space exploration/mining and terrestrial industries, indicating a hardware product revenue model with potential licensing components.

Go-to-market motion1 record

Core offering

Asteroid Mining Corporation develops and commercializes the SCAR-E robotic explorer, a six-legged, 20-kilogram robot designed for resource extraction in both space (asteroid and lunar) and terrestrial environments. The platform is being developed in collaboration with the University of Tohoku's Space Robotics Laboratory and is positioned for commercial deployment to space exploration firms and terrestrial industrial customers, with a planned technology demonstration on an ispace lunar lander mission.

Product overview

Asteroid Mining Corporation is a UK-based company developing space mining technology. Its primary product is the SCAR-E (Space Concentric Articulated Robotic Explorer) robotic system — a six-legged, 20-kilogram autonomous robot designed for resource extraction in both extraterrestrial (asteroid/space) and terrestrial environments. The SCAR-E program was enabled by pre-seed funding led by E2IN2 and is being developed in collaboration with the Space Robotics Laboratory at the University of Tohoku, Japan.

Differentiator

Problem solved

Functional benefit

Products and services

• SCAR-E Robotic Explorer A six-legged, 20-kilogram robotic explorer designed to operate in both space (asteroid/lunar) and terrestrial environments for resource extraction and mining operations. Developed in collaboration with the Space Robotics Laboratory (SRL) at the University of Tohoku and being deployed on an ispace lunar lander mission as a technology demonstration for future asteroid mining.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• ispace, Inc.flagshipStrategic or Co-development Partner · 1 October 2024In October 2024, ispace, Inc., a Japan-based lunar exploration firm, signed a memorandum of understanding with Asteroid Mining Corporation Limited to deploy the SCAR-E robotic explorer on an ispace lunar lander mission as a technology demonstration for future asteroid mining operations.
• Space Robotics Laboratory (SRL), University of TohokucoreStrategic or Co-development Partner · 4 May 2022Collaboration with the Space Robotics Laboratory (SRL) at the University of Tohoku for the development of the SCAR-E robotic explorer program. This partnership enables the technical development of the robot designed for space exploration and mining operations.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Komatsu Ltd. Komatsu operates one of the most deployed autonomous haulage and mining-equipment fleets in the world and is a likely terrestrial-industry rival for SCAR-E's dual-use positioning. As a Japanese peer to AMC's Tohoku-based robotics collaboration, Komatsu is also a nearby strategic reference point in the Asian robotics ecosystem.
• Redwire Corporation: Redwire (which acquired Made In Space) provides a broad portfolio of space robotics, in-space manufacturing, and lunar infrastructure subsystems. It is an established supplier to NASA and is pursuing many of the same cislunar payload opportunities as AMC, but across a much wider product portfolio.
• MDA Ltd. MDA Ltd. is a major Canadian aerospace and defense prime with a long heritage in space robotics (Canadarm) and satellite subsystems. While it serves a far broader portfolio than AMC, its space-robotics division targets some of the same institutional payload and exploration-robot opportunities.
• Caterpillar Inc. Caterpillar is the largest global mining and construction equipment OEM and is investing heavily in autonomous mining vehicles and remote operation — the terrestrial-industry adjacency that AMC positions SCAR-E to serve. It is the most capable incumbent that AMC-style terrestrial robot sales must compete against.

Direct peers

• Astrobotic Technology: Astrobotic builds commercial lunar landers and small surface mobility payloads for NASA's CLPS program. It competes for the same institutional payload slots and customer relationships as AMC, and operates a similar hardware-and-mission-services commercial model in the lunar economy.
• Honeybee Robotics: Honeybee Robotics (now part of Blue Origin) develops robotic systems for space exploration, including drill/sample systems and surface mobility hardware flown on multiple NASA and commercial lunar missions. AMC's SCAR-E competes in the same space-robotics category and targets similar institutional payload customers.
• OffWorld: OffWorld builds autonomous industrial robotic mining systems targeting both space resource extraction and terrestrial mining environments. It is the closest competitor to Asteroid Mining Corporation's SCAR-E, sharing the dual-environment mining-robot thesis and pursuing analogous lunar and asteroid mission payloads.
• Intuitive Machines: Intuitive Machines develops the Nova-C lunar lander (IM-1 mission flew in 2024) and complementary payload services for NASA and commercial customers. Like AMC, it pursues commercial lunar payload revenue and serves as a competitor and potential partner for hosting AMC-class robotic payloads.
• ispace: ispace is a Japan-based lunar lander company and AMC's flagship commercial partner under the October 2024 MOU to fly SCAR-E. While primarily a lander provider rather than a robot maker, ispace sits at the same intersection of commercial lunar services and is a direct customer/partner comparable for AMC's go-to-market.

Emerging players

• Moon Express: Moon Express is a private U.S. company developing small lunar landers with an explicit asteroid/lunar resource extraction thesis. It overlaps with AMC on the long-term off-Earth resource market and serves an overlapping set of NASA and commercial cislunar customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asteroid Mining Corporation