Extremophiles, organisms thriving in extreme environments such as hot springs, deep-sea hydrothermal vents, and hypersaline ecosystems, have garnered significant attention due to their remarkable adaptability and biotechnological potential. This review presents recent advancements in isolating and characterizing extremophiles, highlighting their applications in enzyme production, bioplastics, environmental management, and space exploration. The unique biological mechanisms of extremophiles offer valuable insights into life’s resilience and potential uses in industry and astrobiology.