Asteroid Prospects III: In Pursuit of a Thriving Space Economy

We’ve all heard the buzz about commercial space. The prospect of circum-lunar tourism and bustling space colonies seems fantastic, surreal—and perhaps, to some, a tad far-fetched. But the fact is that commercial space is moving towards actualizing these dreams.

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  1. At the Paris Air Show in Le Bourget on June 21, 2017, the ESA announced Europe’s first innovation competition on space exploration, the “Space Exploration Masters”. The Luxembourg Ministry of the Economy and its initiative feature a special prize in this competition, focused on ideas targeting the utilization of space resources.

  2. At the 2017 Paris Air Show in Le Bourget, Luxembourg’s Deputy Prime Minister and Minister of the Economy Etienne Schneider and ESA Director General, Jan Wörner, signed a joint statement on future activities concerning missions to the asteroids, related technologies and space resources exploration and utilization.