Thursday, May 12, 2016

Legal Issues Remain for Asteroid Mining

Those efforts are seemingly emboldened by the Commercial Space Launch Competitiveness Act (CSLCA), legislation passed by Congress and signed into law last November. A section of the law grants companies the rights to resources they extract from asteroids, which clears up, at least at the level of domestic law, the question of whether companies could own material they extract from an asteroid. Yet, even with that law in effect, there are still unresolved issues, both at the federal and the international level, for prospective asteroid miners.

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