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ID No : 1054   Edit
Title: Building a Space Development Industry in Luxembourg
Summary / Review : "... The Luxembourg government is actively working to enable
an innovative vision of space industrialization with its re-
sulting new markets and promising returns. In 2016, Lux-
embourg initiated the SpaceResources.lu Initiative, to pro-
mote the peaceful exploration and sustainable utilization of
space resources for the benefit of humankind. Luxembourg
created a framework for space commercialization by carv-
ing out an envelope of 200M Euros to support this bold
vision. In 2017, Luxembourg passed legislation that ena-
bled the creation of a national regulatory framework needed
to decrease risk and enable businesses to use space re-
sources. Since the vision was announced with its support-
ing policies and laws, established space companies and
start-ups have begun moving to Luxembourg and are al-
ready creating new economic activity. ...

"Luxembourg is doing something that not many other coun-
tries are doing. They are not planning government-
sponsored missions into space, but instead, they are com-
pletely focused on creating an environment/ecosystem
where space companies are nurtured and encouraged to take
root and grow. The Directorate of Space Affairs within the
Luxembourg Ministry of the Economy leads the effort. ..."
Author(s) : G. L. Martin, [Ministry of the Economy]
A. Monnat, [Luxembourg National Research Fund]
B. Lamboray, [Ministry of the Economy]
M. R. Link, [Ministry of the Economy]
Publication Type : V = Viewgraphs or Video or Drawings or Photos
Parent Publication : Space Resources Roundtable 19 : Planetary & Terrestrial Mining Sciences Symposium, June 12-15, 2018
Publication Date: 2018
Pages : 16
Copyright By : Government of Luxembourg
Category(s) : Government and politics / Program reviews and planning
Web URL : https://isruinfo.com/public/docs/srr19_ptmss/1-5%20Building%20a%20Space%20Development%20Industry%20in%20Luxembourg-Lamboray.zip
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Submitted by : Mark Prado
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