Luxembourg Is The First European Nation To Offer A Legal Framework For Space Resources Utilization

The Luxembourg Parliament adopted the draft law on the exploration and use of space resources. The Grand Duchy is thus the first European country to offer a legal framework ensuring that private operators can be confident about their rights on resources they extract in space. The law will come into force on August 1, 2017. …Read More

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Moon Express Gets Government Approval To Land On The Moon

August 3, 2016 – The U.S. Government has made a historic ruling to allow the first private enterprise, Moon Express, Inc. (MoonEx), permission to travel beyond Earth’s orbit and land on the Moon in 2017. This breakthrough U.S. policy decision provides authorization to Moon Express for a maiden flight of its robotic spacecraft onto the …Read More

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Luxembourg Government And Planetary Resources Sign MoU To Develop Activities Related To Space Resource Utilization

The Luxembourg Government, the public-law banking institution “Société Nationale de Crédit et d’Investissement” (SNCI) and U.S.-based aerospace technology company Planetary Resources have signed a Memorandum of Understanding (MoU) providing the framework for their cooperation within Luxembourg’s SpaceResources.lu initiative which aims at the exploration and commercial utilization of resources from Near Earth Objects (NEOs), such as …Read More

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SpaceResources.lu: New Space Law To Provide Framework For Space Resource Utilization

The Luxembourg Government forges ahead with the SpaceResources.lu initiative by presenting an overall strategy to be implemented progressively for the exploration and commercial utilization of resources from Near Earth Objects (NEOs), such as asteroids. Amongst the key actions undertaken is the establishment of an appropriate legal and regulatory framework for space resource utilization activities to …Read More

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Simon “Pete” Worden Joins Luxembourg Government’s Advisory Board

The Luxembourg Government today announced that Simon “Pete”’ Worden (Brig. Gen., USAF, Ret., PhD), Chairman of the Breakthrough Prize Foundation, joins the government’s Advisory Board of the recently announced spaceresources.lu initiative. The initiative defines a framework for the exploration and commercial utilization of resources from Near Earth Objects (NEOs), such as asteroids. Prior to joining …Read More

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Deep Space Industries And The Luxembourg Government Announce Partnership To Commercialize Space Resources

Asteroid mining company Deep Space Industries, together with the Luxembourg Government and the Société Nationale de Crédit et d’Investissement (SNCI), the national banking institution in Luxembourg, have signed an agreement formalizing their partnership to explore, use, and commercialize space resources as part of Luxembourg’s spaceresources.lu initiative. The Luxembourg Government will work with Deep Space Industries …Read More

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Luxembourg To Launch Framework To Support The Future Use Of Space Resources

Earlier this month, the Luxembourg Government announced a series of measures to position Luxembourg as a European hub in the exploration and use of space resources. Amongst the key steps undertaken, as part of the spaceresources.lu initiative, will be the development of a legal and regulatory framework confirming certainty about the future ownership of minerals …Read More

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Secure World Foundation To Be Founding Partner Of Space Resources Working Group

Secure World Foundation (SWF) will play a leading role in a working group seeking to develop policy “building blocks” for the development and use of space resources. SWF will join with the University of Leiden’s Institute of Air and Space Law to support an international effort to clarify rights and obligations in the emerging space-mining …Read More

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