asteroid mining

For the first time a country has invested heavily in space mining

Posted in Science on 4th Jun, 2016
by Alex Muller

Luxembourg announced on Friday it was opening a $225 million line of credit for space companies to set up their European headquarters within its borders.

Luxembourg announces plans to launch an asteroid mining rig into orbit

Posted in Business on 7th May, 2016
by Alex Muller

Luxembourg aims to be a leading asteroid miner, and Obama signed a bill that allows companies to mine resources from space.

Luxembourg to support space mining

Posted in Business on 3rd Feb, 2016
by Alex Muller

The government intends to get behind the mining of asteroids in space. It is going to support R&D in technologies and may even invest directly in some companies.

Bill Recognizing Asteroid Property Rights signed into Law

Posted in Business on 27th Nov, 2015
by Alex Muller

'A hundred years from now, humanity will look at this period in time as the point in which we were able to establish a permanent foothold in space' said Peter Diamandis.

Congress Says Yes to Space Mining, No to Rocket Regulations

Posted in Business on 18th Nov, 2015
by Alex Muller

The bill protects private spaceflight from regulatory oversight, and lets entrepreneurs keep whatever nonliving treasures they find out there.