Posted by & filed under Uncategorized.

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 any celestial bodies themselves — wealthy space cowboys cannot simply fly around claiming errant asteroids in the name of Luxembourg — but the resources on the surface of or issuing from celestial bodies.

Read more: https://www.inverse.com/article/23694-luxembourg-space-asteroid-mining-law-rights-resources