“And in July, the parliament passed its law – the first of its kind in Europe, and the most far-reaching in the world – asserting that if a Luxembourgish company launches a spacecraft that obtains water, silver, gold or any other valuable substance on a celestial body, the extracted materials will be considered the company’s legitimate private property by a legitimate sovereign nation.”
giulio quaggiotto on Twitter
with this nugget https://t.co/ZattsQTUKb cc @SOIFutures @FuturesCentre
How a tax haven is leading the race to privatise space
On a drizzly afternoon in April, Prince Guillaume, the hereditary grand duke of Luxembourg, and his wife, Princess Stéphanie, sailed through the front doors of an office building in the outskirts of Seattle and into the headquarters of an asteroid-mining startup called Planetary Resources, which plans to “expand the economy into space”.
