What Do We Need To Know To Mine An Asteroid?

The mining of resources contained in asteroids, for use as propellant, building materials or in life-support systems, has the potential to revolutionize exploration of our Solar System. To make this concept a reality, we need to increase our knowledge of the very diverse population of accessible Near Earth Asteroids (NEA). Last year, dozens of the …Read More

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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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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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