Tuesday, November 17, 2015

Historic vote supports US companies mining on the Moon

History was made Monday when the U.S. House of Representatives passed landmark legislation recognizing and promoting the rights of United States companies to engage in the exploration and extraction of space resources from the Moon and other celestial bodies. This historic legislation was passed as Title IV of the "U.S. Commercial Space Launch Competitiveness Act (or H.R. 2262 as amended)", and provides the first ever codification of private sector mining rights for water and minerals obtained from the Moon.

Moon Express, Bigelow Aerospace, and many other companies are applauding the House for the legislation.

"Our goal is to unlock the resources of the Moon for the benefit of humanity, and Moon Express is grateful to have the backing of the United States in our endeavor," said Moon Express co-founder and CEO, Bob Richards. "We thank the House and its visionary champions of the bill led by Majority Leader McCarthy (R-Calf.) and Chairman Lamar Smith (R-Texas) for their leadership and vision in passing this much-needed legislation, and especially wish to thank Representatives Bill Posey (R-Fla.), Derek Kilmer (D-Wash.) and Jim Bridenstine (R-Okla.) for their support."

Moon Express, Inc., is a privately funded commercial space company blazing a trail to the Moon to unlock its mysteries and resources with robotic spacecraft products & services using exponential technologies.