Luxembourg invests further in space mining

Asteroid mining hopeful Planetary Resources, has signed a memorandum of understanding (MoU) with the Government of the Grand Duchy of Luxembourg and the banking institution Société Nationale de Crédit et d’Investissement (SNCI)

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Planetary Resources CEO, Chris Lewicki, signs the MOU with Luxembourg deputy prime minister Étienne Schneider

The company said this partnership with Luxembourg’s SpaceResources.lu initiative will advance technologies and lines of business toward the exploration and utilisation of resources from asteroids.