Henry Lazenby reports that space-mining pioneers have welcomed the historic unanimous passing of the Space Act of 2015, as amended, in the U.S. Senate recently, recognising the right of U.S. citizens to own asteroid resources they obtain as property and encouraging commercial exploration and recovery of resources from asteroids, free from harmful interference.
The legislation, HR 2262, created a pro-growth environment for the development of the commercial space industry by encouraging private sector investment and ensuring a more stable and predictable regulatory regime. This law was important for the industry and was integral to protecting and supporting U.S. interests as the commercial space sector continued to expand, which had the full support of Congress. Throughout history, governments have spurred growth in new frontiers by instituting sensible legislation. Long ago, the Homestead Act of 1862 advocated for the search for gold and timber and, today, HR 2262 fuels a new economy that will open many avenues for the continual growth and prosperity of humanity. An off-world economy will forever change humanity for the better here on Earth, Planetary Resources president and chief engineer Chris Lewicki said in response.
VP of global engagement, Peter Marquez, added that the company was grateful for the leadership shown by Congress in crafting the legislation and looked forward to President Barack Obama signing it into law. He applauded the members of Congress who have led this effort and actively sought stakeholder input to ensure a vibrant economy and prosperous way of life now and for centuries to come. Congresspersons Patty Murray, Kevin McCarthy, Bill Posey and Derek Kilmer have shown unwavering support and leadership for the growth of the U.S. economy into the solar system.
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