OS Funds' Bryan Johnson, Google's Larry Page, and other investors have put $21 million into asteroid mining startup Planetary Resources.
Those efforts are seemingly emboldened by the Commercial Space Launch Competitiveness Act (CSLCA), legislation passed by Congress and signed into law last November. A section of the law grants companies the rights to resources they extract...Show More Summary
A tiny European country is jumping into an unusual space race. Luxembourg is partnering with California-based Deep Space Industries to produce a spacecraft that will test many features necessary for asteroid mining. The module, known as Prospector X, will be launched sometime "in the near future,” according to the company. Show More Summary
It sounds like something straight out of science fiction: mining for natural resources on an asteroid hurtling through space at tens of thousands of miles an hour. But in as little as five years, asteroid mining could become a reality. On...Show More Summary
With a population of under 600,000, it's not surprising Luxembourg isn't currently on the list of spacefaring nations. But that hasn't stopped its government, along with the Luxembourg Société Nationale de Crédit et d'InvestissementShow More Summary
Asteroid mining company Deep Space Industries, together with the Luxembourg Government and the Société Nationale de Crédit et d’Investissement (SNCI), the national banking institution in Luxembourg, have signed an agreement formalizing...Show More Summary
A few months back, Luxembourg—a tiny country better known for world-class pastries—announced its intention to become a leader in asteroid mining . Now, Luxembourg has revealed the first step in its plan to fill the banking vaults with space-grade platinum: a small, water-powered spacecraft. Read more...
Before you can mine asteroids, you first have to figure out how to get to them.
Canada:The opinion has been expressed Canada at risk of losing out on the riches of asteroid mining. Europe: Antitrust regulators are not granting immediate approval for Safran acquiring Arianespace.The Europeans are looking at what to do for the next iteration of the Vega rocket.They are also considering a new, smallsat launcher. Show More Summary
Google co-founder Larry Page and the tiny country of Luxembourg are angling for first-mover advantage in the asteroid mining industry.
The Luxembourg Government became the first European country to express serious interest in the potentially lucrative business of asteroid mining on Wednesday. Some have gone so far as to say that asteroid mining could grow to becomeShow More Summary
The Luxembourg Government announced a series of measures on Feb. 3 that will boost asteroid mining and the visionary use of space resources, according to a statement from the country’s Ministry of the Economy. It’s the stuff of George Lucas, Jules Verne and James Cameron. Yes, James Cameron, the film director of Titanic, The Terminator […]
21ST CENTURY HEADLINES: Luxembourg to invest in space-based asteroid mining. The Luxembourg government on Feb. 3 announced it would seek to jump-start an industrial sector to mine asteroid resources in space by creating regulatory and financial incentives. Show More Summary
The country has announced it will support the development of new laws governing outer space resources and fund research projects into mining asteroids
It’s home to just a half-million people, but Luxembourg is not thinking small when it comes to the future. Earlier today, this tiny European nation announced its intentions to back commercial asteroid-mining ventures, and in so doing, is positioning itself as an international leader in this promising area. Read more...
The government of Luxembourg is putting its backing behind commercial asteroid mining less than three months after the U.S. enacted legislation that could foster such ventures.
Astronauts fired this small, rectangular hunk from the International Space Station today. The payload will separate into two autonomous satellites as part of a research program to take us one tiny step closer towards making asteroid mining a reality. Read more...
If one is going to get into the asteroid mining business, one needs to prove that you can do something with what's brought back. That seems to be the thinking behind Planetary Resource's presentation today at CES in Las Vegas, whereShow More Summary
By Jacqueline Prause, Senior Managing Editor, SAP News Services Will 2016 be the year that companies take to space with asteroid mining? Here on earth, will new European data protection laws raise the stakes for global enterprises? Will free Internet of Things (IoT) data networks turn your city into a data [...]