Planetary Resources says it will start ramping up an international asteroid-mining subsidiary in Luxembourg by the end of the year – and will think about expanding...
Planetary Resources’ asteroid miners go international, starting with Luxembourg
Tag Archives: Luxembourg
Luxembourg wants to become the NASA of asteroid mining
Luxembourg intends to one day become a major hub for deep-space commercial operations. The country announced Wednesday it plans to help foster the growth of an asteroid-mining industry. Luxembourg, with a population roughly the size of Albuquerque (562,000), said it is the first European country to provide the legal and regulatory framework to ensure asteroid prospectors retain ownership of the precious metals they extract. Luxembourg...