Author: Etienne Schneider
In 1985, the government decided to launch the first satellite. We had huge discussions then that nobody would need that kind of satellite or that it could fall from the sky.
Our aim is to open access to a wealth of previously unexplored mineral resources on lifeless rocks hurling through space, without damaging natural habitats.
Asteroids are often seen as a threat, but they are also an opportunity. The use of space resources holds a large potential for future technological innovation.
We will support the long-term economic development of new, innovative activities in the space and satellite industries as a key high-tech sector for Luxembourg.
Luxembourg is the first adopter in Europe of a legal and regulatory framework recognizing that space resources are capable of being owned by private companies.