Cecilia Jamasmie reports that after months of deliberation, the U.S. Congress has unanimously passed a legislation that establishes legal rights for citizens to own resources in outer space, which would ease asteroid mining companies plans. Until now, there was no legislature clarifying issues such as whether resources mined from celestial bodies could be sold on Earth, or what would happen if someone other than a base-owner needs or wants to land there .... a key requirement for asteroid mining ventures such as Planetary Resources.
Many years from now, we will view this pivotal moment in time as a major step toward humanity becoming a multiplanetary species, said Eric Anderson, co-founder and co-chairman of the Redmond-based company, said in a statement. Activities that have in the past created the great economies of history, and it will foster the sustained development of space.
The ruling, known as H.R.2262, SPACE Act of 2015, also extends the regulatory learning period for commercial spaceflight ventures through 2023, confirms that the International Space Station should stay in operation through 2024, and extends indemnification of commercial launches through 2025.
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