First-time FNR Investment in Space Exploration Projects | #Luxembourg #Europe  | Luxembourg (Europe) | Scoop.it
For the first time, the Luxembourg National Research Fund (FNR) has committed funding to two space related projects contributing to the development of the SpaceResources.lu initiative. Two public research institutions each receive funding for collaborative projects with the lunar exploration company ispace, representing an FNR commitment of around 700,000 EUR.

The projects – involving the Luxembourg-based company ispace Europe S.A., the Luxembourg Institute of Science and Technology (LIST) and the Interdisciplinary Center for Security, Reliability and Trust (SnT) at the University of Luxembourg - were retained for funding in FNR’s 2017-2 CORE-PPP and AFR-PPP Calls respectively.

Luxembourg, a pioneer in space

Luxembourg has received a fair amount of international attention after the recent passing of a new law on the exploration and use of space resources. The Grand Duchy is 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. This framework is a key action of an overall strategy to be implemented by the Luxembourg Ministry of the Economy within the SpaceResources.lu initiative whose goal is to support innovative projects in advanced space technologies.

Luxembourg has a long history of space innovation. In 1985, a public-private partnership effort launched Société Européenne des Satellites, today known as the largest global commercial satellite operator SES having its operational headquarters in Luxembourg.

 

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