The Race To Mine Asteroids Gains International Support

Today, the Luxembourg Government announced that they are taking steps to become Europe’s hub for mining space resources.

The small European country plans to establish the necessary legal and regulatory framework and invest in related research and development projects. They’re even considering investing in already-established asteroid mining companies like the U.S. based Deep Space Industries and Planetary Resources.

This announcement comes shortly after the United States took a huge step forward in making commercial space mining legal. President Obama signed the U.S. Commercial Space Launch Competitiveness Act (CSLCA) in November, which stated that U.S. companies are entitled to maintain property rights of resources they’ve obtained from outer space.

Read more @ http://techcrunch.com/2016/02/03/the-race-to-mine-asteroids-gains-international-support/


"What lies behind us and what lies before us are small matters compared to what lies within us."  ~ Ralph Waldo Emerson ~