MarketSpace-based economy
Company Profile

Space-based economy

Space-based economy is economic activity in outer space, including asteroid mining, space manufacturing, space trade, space burial, space advertising and construction performed in space such as the building of space stations.

Law
The 1967 Outer Space Treaty establishes that space, as the "province of all mankind," shall be freely explored and used by all nations, and that the use of the moon and all other celestial bodies shall be for peaceful purposes. In 2015, the U.S. Congress passed a law explicitly allowing American companies to use resources from the moon and asteroids, the Commercial Space Launch Competitiveness Act of 2015. In April 2020, the U.S. Executive Order 13914 clarified the position of the U.S. government on the use of space resources and how the United States will foster the commercial development of space resources. “Americans should have the right to engage in commercial exploration, recovery, and use of resources in outer space,” the order states. ==See also==
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