Luxembourg
Luxembourg government to continue commercial space initiatives after election
A Luxembourg government official said Nov. 4 that he doesn’t think there will be any changes to the country’s commercial space initiatives as a result of a recent parliamentary election there.
Three American space startups to establish offices in Luxembourg
Three U.S. companies will set up offices in Luxembourg, the latest sign of an ongoing effort by the small European country to diversify its space economy.
Luxembourg establishes space agency and new fund
The government of Luxembourg continued work to expand its role in the global space economy Sept. 12 by formally establishing a national space agency, a move designed in part to ensure the effort continues after an upcoming election.
Luxembourg’s Kleos Space raises $8 million, stock trades in Australia
Kleos Space, a Luxembourg-based satellite Earth observation startup, raised 6.96 million Euros ($8 million) from investors and began trading on the Australian Stock Exchange.
SpaceX takes top honors in SpaceNews Awards for Excellence & Innovation
SpaceNews honored during an awards luncheon held Dec. 19 at the City Club of Washington. The luncheon was organized in partnership with the Washington Space Business Roundtable.
Luxembourg to invest in Spire
An agreement announced Nov. 15 brings together a space company looking to grow its capabilities with a government seeking to expand its presence in the space industry.
Luxembourg adopts space resources law
The government of Luxembourg has passed a bill giving companies the rights to space resources they extract from asteroids or other celestial bodies.
New law and space agency to support Luxembourg’s space resources ambitions
The government of Luxembourg expects to soon have in place both a new national space law and a national space agency, two key steps in the small European country’s outsized contribution to the development of a space resources industry.
Luxembourg, serious about mining asteroids, prospects for Silicon Valley partners
Few events at the NASA Ames Research Center draw the crowd that greeted Luxembourg’s royal delegation April 12. The Grand Duchy’s prince, princess and deputy prime minister met with NASA officials, Silicon Valley entrepreneurs and investors to discuss Luxembourg’s campaign to harvest valuable materials from asteroids, moons or planets.
As Luxembourg leaders embrace space mining, others are more skeptical
A bill would create a legal framework for companies to have rights to space resources they extract.
Luxembourgian minister unwilling to let ESA asteroid mission die without a fight
A Luxembourgian politician wants to breathe new life into the European Space Agency’s cancelled Asteroid Impact Mission (AIM) despite the program not garnering enough financial support to move forward.
Luxembourg taking major stake in Planetary Resources’ European business
The Luxembourg government has agreed to purchase up to 49 percent of the equity in asteroid-mining company Planetary Resources’ Luxembourg operations as part of the effort to make Luxembourg the nexus of space-based resource exploitation, an industry official said.
Luxembourg invests to become the ‘Silicon Valley of space resource mining’
The Luxembourg government on June 3 reaffirmed and strengthened its backing for a homegrown space-mining industry, saying it would invest more than $200 million in research, technology demonstration and in the direct purchase of equity in companies relocating to Luxembourg.
Luxembourg to invest in space-based asteroid mining
The Luxembourg government on Feb. 3 announced it would seek to jump-start an industrial sector to mine asteroid resources in space by creating regulatory and financial incentives.
