The success or failure of in-situ resource utilization for planetary surface exploration-whether for science, colonization, or commercialization-relies heavily on the design and implementation of systems that can effectively process planetary regolith and exploit its potential benefits. In most cases, this challenge necessarily includes the characterization of regolith properties at low temperatures (cryogenic). None of the nearby solar system destinations of interest, such as the moon, Mars and asteroids, possess a sufficient atmosphere to sustain the consistently "high" surface temperatures found on Earth. Therefore, they can experience permanent cryogenic temperatures or dramatic cyclical changes in surface temperature. Characterization of physical properties (e.g., specific heat, thermal and electrical conductivity) over the entire temperature profile is important when planning a mission to a planetary surface; however, the impact on mechanical properties due to the introduction of icy deposits must also be explored in order to devise effective and robust excavation technologies. The Granular Mechanics and Regolith Operations Laboratory and the Cryogenics Test Laboratory at NASA Kennedy Space Center are developing technologies and experimental methods to address these challenges and to aid in the characterization of the physical and mechanical properties of regolith at cryogenic temperatures. This paper will review the current state of knowledge concerning planetary regolith at low temperature, including that of icy regolith, and describe efforts to manipulate icy regolith through novel penetration and excavation techniques.