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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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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Moon Express Seeks Government Approval For First Commercial Lunar Mission

Today, Moon Express made history as the first private space company to request the U.S government to conduct a payload review of its spacecraft and plans leading to regulatory approval of a commercial mission to the Moon in 2017. Moon Express initiated the review process through a submission to the Federal Aviation Administration Office of …Read More

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