Luxembourg Wants to Be a Global Leader in Asteroid Mining | Europe | Space | Luxembourg (Europe) | Scoop.it
As part of Luxembourg’s newly announced project, Jean-Jacques Dordain, former ESA head, was appointed advisor. He told reporters that space mining is no longer science fiction, and that the basic technologies required to land and return materials from asteroids have essentially already been proven.

“Things are moving in the United States and it was high time there was an initiative in Europe, and I am glad the first initiative is coming from Luxembourg,” he said. “It will give no excuse for European investors to go to California.” At the same time, he urged European entrepreneurs to follow the example set by American start-ups.

Luxembourg is no stranger to the tech sector. It’s already home to several vibrant satellite operators, including SES. This latest move shows that it’s willing to take some bold steps to safeguard its economic future.


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