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Deputy PM: Luxembourg’s Space Mining Mission Begins Tuesday

When Luxembourg’s new law governing space mining comes into force on Tuesday, the country will already be working to make the science-fiction-sounding mission a reality, the deputy prime minister said.

The legislation will make Luxembourg the first country in Europe to offer a legal framework to ensure that private operators can be confident about their rights over resources they extract in space.

The law is based on the premise that space resources are capable of being owned by individuals and private companies and establishes the procedures for authorizing and supervising space exploration missions.

“When I launched the initiative a year ago, people thought …read more

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