SpaceResources.lu: New space law to provide framework for space resource utilization, Luxembourg Ministry of the Economy
"The Luxembourg Government forges ahead with the SpaceResources.lu initiative by presenting an overall strategy to be implemented progressively for the exploration and commercial utilization of resources from Near Earth Objects (NEOs), such as asteroids. Amongst the key actions undertaken is the establishment of an appropriate legal and regulatory framework for space resource utilization activities to provide private companies and investors with a secure legal environment. ... Dr. Simon "Pete" Worden said: "Perhaps the most important aspect of Luxembourg's spaceresources.lu initiative is the excitement it is generating across the world - particularly young scientists, engineers and entrepreneurs. Everywhere I go I hear young people ask about these ideas. Recently, entrepreneurs from Poland, Germany, Austria, Italy, Colombia and Mexico contacted me to ask how they can get involved. I come from Silicon Valley - but I'm convinced that the Silicon Valley for space resources - and gateway to an unlimited future of resources for humanity, will be here in Luxembourg."