Luxembourg provides a unique legal, regulatory and business environment enabling private investors and companies to explore and use space resources
The identification and utilization of space resources is fast becoming a reality, driven by a revolution in space technology, accelerating exploration of outer space and the eventual scarcity of certain resources on Earth. Building on its long history at the forefront of the commercial satellite communications industry, Luxembourg aims to play a leading role in the exploration and utilization of these resources.
Its goal is to ensure that space resources explored under its jurisdiction serve a peaceful purpose, are gathered and used in a sustainable manner compatible with international law and for the benefit of humankind. Luxembourg’s vision is built on support for advanced research activities and technological capabilities, drawing on the country’s existing expertise in the space sector and its ongoing strategy of economic diversification into future-oriented high-tech industries.
SpaceResources // Luxembourg
The "Space Research Program" will provide funding for national public research institutions and Luxembourg based companies.
Luxembourg-based company, Kleos Space S.A., has successfully closed 6.96 Mio EUR (11 Mio AUD) in funding and will begin trading on the Australian Stock Exchange.
The Moon and nearby asteroids could contain untold riches and resources to help further space exploration. One small country is aiming to take a leading role in this new space race.
European Space Agency (ESA) Director-General Johann-Dietrich Wörner had an exchange of views with members of the Luxembourg parliament on July 10 2018
Commercial Space and Its Role in the World Today: an Expert View lawless.tech/commercial-spa…
Luxembourg Space Agency@LuxSpaceAgency -
Luxembourg establishes space agency and new fund spacenews.com/luxembourg-est…