Funding Setback Causes Planetary Resources to Re-Evaluate Their Plans

Planetary Resources has been developing technology they hope to use for asteroid prospecting. In January of this year, the company successfully launched an Arkyd-6 CubeSat aboard an Indian Polar Satellite Launch vehicle. This CubeSat contained six units and was developed to prospect and extract resources from asteroids. In addition to its infrared instrument, the CubeSat […]

Strength of the consequence – Luxembourg sets $223 million to space mining

After announcing on February 3, 2016, by Vice Prime Minister of Luxembourg Etienne Schneider, that Luxembourg is going to change their law to promote space mining and exploration, it was clear that Government would like to participate with commercial companies under public-private partnership. After four months later we can see that authorities of Luxembourg are highly […]