Will this TINY country win the asteroid mining game?

REVEALED: the country that could become the richest asteroid mining nation on Earth.

It’s not America…

It’s not China…

And, unfortunately, it’s not Britain…

It’s Luxembourg.

Yep, that tiny European country you forgot even existed (unless you, dear reader, are from Luxembourg – sorry!).

It’s official and LEGAL

In 2017, Luxembourg became the first European country to pass a law… Allowing companies ownership of any resources they extract from space.

Not even the US has a law this radical…

The US Commerical Space Launch Competitiveness Act gives ownership to any individual or company that counts as a citizen of the US.

Luxembourg’s law applies to any company that has a Luxembourg address.

So you, dear reader, could register your business in Luxembourg (you’ll probably have to pay for an office there)… And keep your space riches back home!

Doesn’t matter if asteroid companies aren’t PHYSICALLY located in Luxembourg either…

Some have criticised the Luxembourg government for just creating a “space tax-haven” of sorts…

One where Space Barons can funnel all their cash away in secret…

Maybe. But whatever happens, this is the basis of an entrepreneurial economy:

Help people to take ownership of the riches they find, and you’ll reap some of the reward yourself.

It’s a win-win.

Dynamic individuals are now highly likely to flock to Luxembourg…

Case in point: asteroid mining players Deep Space Industries and Planetary Resources are working closely with the tiny nation:

  • Peter Stibrany, chief strategist at Deep Space Industries, says Luxembourg contributed an undisclosed amount to their R&D funding.
  • In November 2016, Planetary Resources agreed to give Luxembourg an undisclosed equity stake in the company… In return for $28 million in investment. CEO Chris Lewicki says Luxembourg was “one of the largest investors” in the company’s Series A round.

Deep Space is from California, and Planetary Resources is from Washington. Both in the US.

Looks like Luxembourg’s plan is working.

See, they’re not new to this space game…

Experienced (and wealthy) players in space

Luxembourg hasn’t just a made a mad dash into a sector it has no experience in.

In the 1980s, it became a leader in the satellite communications industry when it launched Société Européenne des Satellites (SES) in 1985.

SES was Europe’s first private satellite operator. Today, its the world’s second-biggest commercial satellite operator.

This TINY country focused on satellite’s, and now owns the world’s second-biggest player in the field.

Who’s to say they won’t help foreign companies (and their own national economy) achieve similar success in asteroids?

We’re just getting started…

Already, Luxembourg has more “asteroid money makers” on the way…

A homegrown space agency with an investment fund supported by the government and venture capitalists…

Ideas to reimburse asteroid mining companies up to 45% of their R&D costs…

And “several more tools to further support and enable commercial space entities and space resources companies” according to Deputy Prime Minister Schneider.

Bloody hell…

What you waiting for?

Give Luxembough a call today!







The New Gold Rush (in Outer Space)

Welcome to the first of my editorials that will advertise the space industry.

To clarify: I’m a direct advertising copywriter (i.e the advertisements I write are designed to make customers buyer immediately, on the spot). And space travel excites me most.

But I’m not a qualified financial adviser. Nothing I write is intended as investment advice. If I mention a company, its because they’re part of the interesting story I’m showing you.

Simply put – everything I write is my own opinion on what’s most interesting to me about the space industry, right now.

Let’s begin:

Could asteroid mining make you rich?

Imagine the Californian gold rush of the late 1840s / early 1850s.

A man discovers a gold deposit. He turns from pauper to rich man in an instant.

Over 100,000 people moved to California for the gold rush. And thousands more, in fact.

So its no surprise that the output of gold rose from $5 million in 1848…to $40 million in 1849…and $55 million in 1851. A ten-fold increase!

Today, huge multinational mining companies are worth billions. $15.7 billion in Barrick Gold’s case.

But this could be peanuts compared to asteroid mining.

Case in point: the asteroid known as 16 Psyche could be holding iron, nickel and other precious metals worth…

$10,000 quadrillion.

Nasa has already announced its plan to “visit” the asteroid four years’ earlier than planned in 2026.

Can you blame them?

I want in! When will I be rich?

Sooner than you realise.

You see, “While the psychological barrier to mining asteroids is high, the actual financial and technological barriers are far lower,” says a recent report on asteroid mining by Goldman Sachs.

Or in plain English: many people think this not possible to do. But the technology means it is more possible than they realise.

Now’s a good time to take a breather and ask ourselves:

Are you an idiot or are you sensible?

I don’t care if that’s offensive. Because what I mean is, if you’re one of the people who think this will never happen, then yes, you’re an idiot.

Look –  it’s only sensible – and logical – that asteroid mining will happen.

Technology makes virtually everything possible, eventually.

If you don’t believe that, you should probably never read another of my editorials. Ever.

OK – I’m logical! I believe! But how do we make it come true…?

One word: robots.

Last year, NASA launched the Osiris REx spacecraft on a seven-year mission to an asteroid called Bennu.

It will map the asteroid for more than a year and then move in close to allow a robotic arm to extract several ounces of material to return to Earth for analysis.

NASA plans to launch a separate pair of robotic missions called Lucy and Psyche, within a decade. They’ll send the devices to explore asteroids near Mars and Jupiter.

And water is key.

We need to keep astronauts hydrated. They could spend years on these missions.

And more than that; water could be transformed into hydrogen, to be used as fuel for the rockets. Extending their mission lifespan.

To that end, space mining startup Planetary Resources has announced plans to launch an initial prospecting mission by 2020 – focused on water.

President and CEO Chris Lewicki thinks solar will power the tech that melts water trapped in asteroids… and then separates its elements like hydrogen. He expects this to happen in the middle of the 2020s, less than 10 years from now.

Deep Space Industries are another asteroid mining competitor who are betting water extraction is key to the success of space mining.

To key to wealth is ownership

And you’re going to get it, if you’re a US citizen.

As this Fast Company article says: “A 2015 federal law, designed to spur development of the U.S. space industry, makes clear that U.S. citizens have the right to what’s obtained from asteroids”.

No wonder Google’s co-founder Larry Page announced a $21.1 million round of funding in 2016 for Planetary Resources.

But Peter Stibrany, chief business developer and strategist at Deep Space Industries, reminds us:

“You’ve got to do this one step at a time. We need to do prospecting first, and then get to extraction and utilization after that.”


It’s like how we agreed it’s going to be: logical.

And wrapping things by returning to our first California gold rush example…

It was actually more common in the goldrush for people to become wealthy providing the miners with over-priced food, supplies and services.

So maybe you can get rich from the logical march towards asteroid mining by betting on the companies supplying these asteroid startups.

Who are those suppliers?

We’ll find out in a future editorial.

Thanks for reading.




PS, this was my first article, written quickly before going to bed. If it shows, I’m sorry.

But the point stands: asteroid mining will be incredible.







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