fb
EUSI Banner_ Sep 2021

Japan fourth country in the world to pass space resources law

Luxembourg, 16 June 2021. – Japan is the fourth country in the world – after the United States, Luxembourg and the United Arab Emirates – to have a dedicated law for the exploration and exploitation of space resources.

The Law Concerning the Promotion of Business Activities Related to the Exploration and Development of Space Resources was passed by the National Diet of Japan, the new space startup ispace said and welcomed the law.

The law provides that Japanese private business operators shall be permitted to engage in the exploration and development of space resources, such as water, minerals, and other non-living resources in outer space, on the Moon and other celestial bodies, the Japanese lunar exploration company with a European subsidiary in Luxembourg said.

“This means that companies of Japanese nationality may operate continuously in a fixed location on the Moon for the purposes of mining or extraction, storage, processing, and other operations necessary for the development of space resources, as well as to freely use space resources.”

Check Also

#SpaceWatchGL Opinion: Sustainability and Space Debris

The ESA Agenda 2025 – Opinions by members of the SichTRaum network. On April 7 this year, one month after Dr. Josef Aschbacher took office as the European Space Agency's (ESA) new Director General, the ESA Agenda 2025 was released. This document contains the agenda of the new Director General for the agency