Luxembourg-made technology makes its way to the stars

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As of 1 October 2016 and for a period of two years, LIST researchers will join forces with specialists from NASA’s Ames Research Center as part of a large-scale project supported by the Luxembourg National Research Fund (FNR): the MS-SPACE project, ‘Development and benchmarking of a compact mass spectrometer for space applications’. At the heart of… Read more »

Luxembourg Drafts New Space Law: Private Companies Now Have Right Over Resources Harvested in Space

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The Luxembourg government has a new law that ensures that private operators working in space will have the right to the resources that they extract. This is part of an overall strategy within its SpaceResources.lu initiative to use and extract resources from Near-Earth Objects (NEO) such as asteroids. According to Luxembourg’s government website, the draft law… Read more »

Extraterrestrial Gold Rush: What’s Next for the Space Mining Industry?

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If humans eventually want to become a space-faring species, we’ll need to be able to collect basic resources, like water, straight from the space environment; it’s too expensive and risky to send everything up from Earth, most experts agree. As such, multiple companies are now trying to initiate a space mining industry, which could provide those… Read more »

Deep Space Industries To Probe Near-Earth Asteroid

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After years of hype about harnessing space rocks as building blocks of a next-generation space economy, at least one newspace company — Deep Space Industries (DSI) — is making good on its promise to send a probe out to an as-yet-unselected near-Earth asteroid (NEA) for a closer look. The hope is that when they do… Read more »

Ariane 5, in 75th straight success, conducts its first launch of Europe’s Galileo satellites

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A European Ariane 5 rocket, operating in a rarely used configuration and debuting a new satellite-dispenser system, on Nov. 17 successfully placed four European Galileo positioning, navigation and timing satellites into medium-Earth orbit. It was the 75th consecutive success for Ariane 5, breaking the tie with its predecessor, the Ariane 4. – See more at:… Read more »

New Law Lets Companies Own Parts of Asteroids

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Luxembourg is a country that has been pursuing an aggressive policy in space mining, doing everything to attract businesses willing to work on mining asteroids. Now, it has passed a new milestone, adopting a draft law regarding ownership of mined space resources. The draft law, which will be in effect in early 2017, gives private companies ownership of… Read more »

Luxembourg’s New Space Mining Law Is Basically “Finders, Keepers”

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The government of Luxembourg has passed a new law guaranteeing private space companies the rights to whatever they happen to find while digging around up there. Exploring an asteroid and come across some cool new minerals? You own those. Congrats! Deputy Prime Minister Etienne Schneider carefully explained that this “finders, keepers” policy doesn’t actually apply to… Read more »

Press conference on the new Luxembourg space law to provide legal framework for space resource utilization activities

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The Government of the Grand Duchy of Luxembourg is pleased to announce an international press conference within the SpaceResources.lu initiative to present a legal and regulatory framework for space resource utilization activities. The SpaceResources.lu initiative defines a general framework for the exploration and commercial utilization of resources from Near Earth Objects (NEOs), such as asteroids.  Amongst the… Read more »

Planetary Resources And The Government Of Luxembourg Announce €25 Million Investment And Cooperation Agreement

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Planetary Resources, Inc., the asteroid mining company, announced today that it has finalized a 25 million euro agreement that includes direct capital investment of 12 million euros and grants of 13 million euros from the Government of the Grand Duchy of Luxembourg and the banking institution Société Nationale de Crédit et d’Investissement (SNCI). The funding… Read more »