Space Resources
Luxembourg breaking barriers in space, commerce
The Grand Duchy's agency is uniquely positioned to explore space for commercial reasons, says Marc Serres, CEO of Luxembourg Space Agency
Luxembourg has positioned itself as a pioneer in the exploration of space for commercial purposes, with a law passed on 13 July 2017 setting a legal framework for the exploitation of resources in space by giving private entrepreneurs legal assurances about the ownership of the resources they extract.
It is deemed to regulate the approval and surveillance of space exploration and extraction missions.
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