While the law lets citizens mine, sell and own riches mined in space, it does not grant sovereignty, ownership, exclusive rights or jurisdiction over any celestial body.
Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth.
As we turn our eyes to the skies, we should also look south to gain some insight into governance matters in outer space.
The Arkyd 3 Reflight (A3R) will spent its three-month orbiting mission sending back data to a group of scientists based at the firm’s headquarters in Redmond, WA.
Sunday's fiasco was the third major failure for America's commercial space industry in less than a year.
One of the most frequent questions I get is regarding how and where asteroid mining will happen. As in golf, asteroid miners “will play it as it lays.”
Gems founds in fragments of the Almahata Sitta meteorite were formed in an unknown planet that existed when our solar system was just forming, researchers say.
Across history, human development has relied upon the finite resources available on Earth. But the moon – a seemingly barren rock – may actually be a treasure trove of rare resources vital to Earth’s future.
The Arkyd 3 Reflight (A3R) will spent three month in orbit trying to identify subsystems to explore and prospect for valuable resources on asteroids.
Up until recent years, the momentum associated with space exploration had more or less fizzled. While it would seem that rapid innovation is occurring in every other technology field worldwide, the hardware and business models used in space exploration have remained static aside from small, incremental improvements.
A software application based on an algorithm created by a NASA challenge has the potential to increase the number of new asteroid discoveries by amateur astronomers.
The technique, known as biomining, is already being tested here on Earth as a sustainable treatment of ores and mine waste.
"Close but no cigar."
Julian Malnic, the founder of world's first deep-sea miner Nautilus Minerals has joined the board of Deep Space Industries.
The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.
The country's ultimate purpose is to extract rare earth elements, breaking China's dominance and pushing prices down.
Scientists have discovered that a small molecule created with just 144 atoms of gold can increase solar cell performance by more than 10%.
Scientists have discovered how to produce ultra-thin diamond nanothreads, a sort of very strongnanotubes, which could prove to be stronger and hardier element currently available.
That’s one massive diamond, which will never be cut, as it is 900 light-years away from our planet.
Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.
Looking at lunar REE
The first contest in a series of many, kicks off on March 17.
Space Agency in search of potential business partners as US government denies further funding.
First spacecraft to land in a comet wakes up from 10 years of hibernation.
Selected names will be etched on a microchip aboard the spacecraft headed to the asteroid Bennu in only two years.
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