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In: Space Law in a Networked World
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Access to space technology has changed dramatically in the past 10 years. Traditionally, access to space capabilities required dedicated receivers and significant investment. With the advent of new information technologies that incorporate and disseminate the benefits of space directly to users, access to space technology is no longer so exclusive. As the seamless delivery of space capabilities, from navigation and position to data flows, makes it difficult to distinguish space capabilities from other information infrastructures, legal structures developed to govern space technologies are being forced into contact with a variety of other legal structures.

Legal questions abound as new markets, innovative technologies, and increased data access emerge, and the lex specialis of space accommodates these trends. This book investigates how traditional space law is developing as space technology enters the daily lives of individuals everywhere.

Abstract

The space resources industry is an emerging industry that attracts the needed capital to engage in these activities. The legal framework that governs these activities aims to minimize the risks for potential investors. This article addresses the main legal instruments adopted to avoid the risk which could have its source in legal uncertainties. It discusses both the international legal framework as well as the domestic legislation of the United States and Luxembourg regulating space resources activities.

In: The Journal of World Investment & Trade