News Articles

Luxembourg’s Reference Programme to Support Start-ups Now Also Covers the Space Sector LUXEMBOURG -Thursday 11 July 2019

(BUSINESS WIRE)-- Led by the Ministry of the Economy, Fit 4 Start is Luxembourg’s national reference programme dedicated to support high potential start-ups by giving them access to early-stage financing and personalised coaching. Until now, Fit 4 Start only addressed Luxembourg and...

United States and Luxembourg Sign Memorandum on Space Co-Operation -Saturday 11 May 2019  

(BUSINESS WIRE)-- The Grand Duchy of Luxembourg and the United States of America today signed a memorandum of understanding (MoU) that will serve to catalyze and significantly deepen cooperation between the two countries in the field of space. Étienne Schneider, Luxembourg’s Deputy Prime...

Luxembourg Launches Business-Focused National Space Agency -Thursday 13 September 2018  

(BUSINESS WIRE)-- The Luxembourg Space Agency (LSA) officially launched operations today with the goal of promoting the further economic development of the Grand Duchy’s space industry by attracting businesses, developing human resources, providing innovative financial solutions and supporting...

Luxembourg and the United Arab Emirates to Cooperate on Space Activities with Particular Focus on the Exploration and... -Wednesday 11 October 2017  

(BUSINESS WIRE)-- Considering their common interest in the exploration, use and application of space for peaceful purposes, Luxembourg and the United Arab Emirates (UAE) jointly agreed on the opportunity to cooperate on space activities. The Government of the Grand Duchy of Luxembourg,...

Luxembourg Hosts the First European Edition of the NewSpace Conference -Monday 9 October 2017

(BUSINESS WIRE)-- The Luxembourg Ministry of the Economy and the US Space Frontier Foundation partner to organize the inaugural European edition of the NewSpace Conference, “NewSpace Europe”, that takes place in Luxembourg City on November 16 and 17, 2017. This is the first time that one of...

Luxembourg is the First European Nation to Offer a Legal Framework for Space Resources Utilization -Friday 14 July 2017  

(BUSINESS WIRE)-- The Luxembourg Parliament adopted the draft law on the exploration and use of space resources. The Grand Duchy is thus the first European country to offer a legal framework ensuring that private operators can be confident about their rights on resources they extract in space....

Experts from China and South Korea Join the Luxembourg Government’s SpaceResources.lu Initiative as High-Level... -Thursday 9 March 2017

(BUSINESS WIRE)-- The Luxembourg Ministry of the Economy today announced that leading experts from China and South Korea join the international Advisory Board, which guides the Luxembourg Government in shaping and developing its SpaceResources.lu initiative which aims to promote commercial use...

Luxembourg’s New Space Law Guarantees Private Companies the Right to Resources Harvested in Outer Space in... -Saturday 12 November 2016

(BUSINESS WIRE)-- The Luxembourg Government has just adopted a draft law ensuring that private operators working in space can be confident about their rights to the resources they extract in outer space. The legal and regulatory framework is a key action of an overall strategy to be implemented...

SpaceResources.lu: the Luxembourg Government Becomes a Key Shareholder of Planetary Resources, Inc., the U.S.-Based... -Friday 4 November 2016  

(BUSINESS WIRE)-- The Luxembourg Government, the public-law banking institution “Société Nationale de Crédit et d’Investissement” (SNCI) and U.S.-based space technology company Planetary Resources have signed a 25 million euro investment and cooperation agreement within the framework of...

Luxembourg to Set up a Seed Fund for Innovative Start-up Companies in the Field of Digital Economy -Tuesday 19 July 2016

(BUSINESS WIRE)-- The Luxembourg Government launched jointly with a group of private investors a seed fund to support the financing and the development of start-ups up to seven years of age which are operating within the national digital economy field. This move is a further step in increasing...

SpaceResources.lu: Luxembourg Government and Planetary Resources sign MoU to develop activities related to space... -Monday 13 June 2016  

(BUSINESS WIRE)-- The Luxembourg Government, the public-law banking institution “Société Nationale de Crédit et d’Investissement” (SNCI) and U.S.-based aerospace technology company Planetary Resources have signed a Memorandum of Understanding (MoU) providing the framework for their...

SpaceResources.lu - Georges Schmit Joins the Luxembourg Government’s Advisory Board -Monday 6 June 2016  

(BUSINESS WIRE)-- The Luxembourg Government today announced that Mr. Georges Schmit, Consul General and Executive Director at the Luxembourg Trade & Investment Office in San Francisco, joins the Government's Advisory Board of the recently announced spaceresources.lu initiative. The initiative...

SpaceResources.lu: New Space Law to Provide Framework for Space Resource Utilization -Saturday 4 June 2016

(BUSINESS WIRE)-- The Luxembourg Government forges ahead with the SpaceResources.lu initiative by presenting an overall strategy to be implemented progressively for the exploration and commercial utilization of resources from Near Earth Objects (NEOs), such as asteroids. Amongst the key actions...

Press Conference on June 3, 2016 on the Luxembourg Initiative to Support the Use of Space Resources -Wednesday 1 June 2016

(BUSINESS WIRE)-- The Government of the Grand Duchy of Luxembourg is pleased to announce an international press conference to highlight the latest developments of the recently announced spaceresources.lu initiative. The initiative defines a framework for the exploration and commercial...

Dr. Simon “Pete” Worden Joins the Luxembourg Government’s Advisory Board in the Frame of the spaceresources.lu... -Wednesday 11 May 2016

(BUSINESS WIRE)-- The Luxembourg Government today announced that Simon “Pete”’ Worden (Brig. Gen., USAF, Ret., PhD), Chairman of the Breakthrough Prize Foundation, joins the government's Advisory Board of the recently announced spaceresources.lu initiative. The initiative defines a...

Luxembourg Government and Deep Space Industries Sign MoU -Thursday 5 May 2016

(BUSINESS WIRE)-- The Luxembourg Government, the public-law banking institution “Société Nationale de Crédit et d’Investissement” (SNCI) and the Silicon Valley-based asteroid mining company Deep Space Industries (DSI) have signed a Memorandum of Understanding (MoU) setting out their...

Luxembourg to Launch Framework to Support the Future Use of Space Resources -Friday 5 February 2016

(BUSINESS WIRE)-- The Luxembourg Government announced a series of measures to position Luxembourg as a European hub in the exploration and use of space resources. Amongst the key steps undertaken, as part of the spaceresources.lu initiative, will be the development of a legal and regulatory...

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