Luxembourg to invest $200 million in space mining
The competition heats up: The government of Luxembourg has budgeted $200 million to invest in private proposals to mine asteroids for profit.
This government commitment is different than other government space projects in that they are not creating a “space program”, they are literally acting as a venture capitalist, putting their money into private efforts in exchange for profit.
The competition heats up: The government of Luxembourg has budgeted $200 million to invest in private proposals to mine asteroids for profit.
This government commitment is different than other government space projects in that they are not creating a “space program”, they are literally acting as a venture capitalist, putting their money into private efforts in exchange for profit.
