Asteroid Property Rights

"Mine it, own it: Asteroid property rights closer to becoming law"

“Many years from now, we will view this pivotal moment in time as a major step toward humanity becoming a multi-planetary species,” said Eric Anderson, co-Founder and co-chairman of Planetary Resources, in an emailed statement. “This legislation establishes the same supportive framework that created the great economies of history, and it will foster the sustained development of space.”

Redmond, Washington-based Planetary Resources is the asteroid-mining outfit co-founded by Peter Diamandis of X Prize Foundation and Singularity University fame, and backed by Google-now-Alphabet execs Larry Page and Eric Schmidt. (And Ross Perot, and Richard Branson, etc.) Its aim, as presented in 2012, is to extract gold, platinum and other valuable resources from asteroids.