Luxembourg provides a unique legal, regulatory and business environment enabling private investors and companies to explore and use space resources
The identification and utilization of space resources is fast becoming a reality, driven by a revolution in space technology, accelerating exploration of outer space and the eventual scarcity of certain resources on Earth. Building on its long history at the forefront of the commercial satellite communications industry, Luxembourg aims to play a leading role in the exploration and utilization of these resources.
Its goal is to ensure that space resources explored under its jurisdiction serve a peaceful purpose, are gathered and used in a sustainable manner compatible with international law and for the benefit of humankind. Luxembourg’s vision is built on support for advanced research activities and technological capabilities, drawing on the country’s existing expertise in the space sector and its ongoing strategy of economic diversification into future-oriented high-tech industries.
Luxembourg and the United Arab Emirates to cooperate on space activities with particular focus on the exploration and utilization of space resources
The Ministry of the Economy and Sweden-based GomSpace Group AB signed a Memorandum of Understanding (MoU) for their cooperation.
NewSpace Europe is the first space conference in Europe to focus solely on the NewSpace industry and the economic opportunity of space | November 16-17 | Luxembourg City
Europe’s first innovation competition on space exploration is open for submission until 8 September 2017. Use these last few weeks to join the Space Exploration Masters.