Luxembourg becomes first European country to adopt space exploration law
The law has been approved by the Luxembourg parliament and will come into force on August 1.
13.07.2017
The Luxembourg Parliament has adopted a draft law on the exploration and use of space resources, making the Grand Duchy the first European country to offer an official framework for private investors and operators.
Coming into force on August 1, it acts as a legal and regulatory framework which ensures private operators ownership of the resources they extract from space and establishes procedures for authorising and supervising space exploration missions.