Commercial Spaceflight And The Dawning Age of NewSpace

Bridenstine Drafting Legislation to Implement CSLCA Asteroid Mining Provision

Rep. Jim Bridenstine (R-OK), one of the main architects of the Commercial Space Launch Competitiveness Act (CSLCA), is drafting legislation to implement the policies prescribed in that law, especially those regarding property rights to resources mined from asteroids by U.S. companies.

Bridenstine’s legislative aide, Christopher Ingraham, discussed the implementation effort during a May 5 seminar held by the Secure World Foundation and the Alliance for Space Development on “Asteroids, Mining, and Policy: Practical Consideration of Space Resource Rights.” Ingraham and Jim Dunstan, founder of the Mobius Legal Group, both said that the concept of asteroid mining no longer faces a “giggle factor,” but Ingraham said it does still face uncertainty despite the passage of CSLCA. The question now is how to implement the law.

Sourced through Scoop.it from: www.spacepolicyonline.com

See on Scoop.itThe NewSpace Daily

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