Planetary Resources and the Government of Luxembourg  Partner to Advance the Space Resource Industry | #Space | Luxembourg (Europe) | Scoop.it

Company establishing European headquarters in Luxembourg

Redmond, Washington, USA – June 13, 2016 – Planetary Resources, Inc., the asteroid mining company, announced today that it has signed a Memorandum of Understanding with the Government of the Grand Duchy of Luxembourg and the banking institution Société Nationale de Crédit et d’Investissement (SNCI).  This partnership with Luxembourg’s SpaceResources.lu initiative will advance technologies and lines of business toward the exploration and utilization of resources from asteroids. Just as Luxembourg accelerated the satellite communications industry through its investments, this funding for Planetary Resources Luxembourg will accelerate the space resources industry.

 

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