SpaceResources.lu: the Luxembourg Government Becomes a Key Shareholder of Planetary Resources, Inc., the U.S.-Based Asteroid Mining Company
The Luxembourg Government, the public-law banking institution "Soci?t? Nationale de Cr?dit et d'Investissement" (SNCI) and U.S.-based space technology company Planetary Resources have signed a 25 million euro investment and cooperation agreement within the framework of Luxembourg's SpaceResources.lu initiative which aims at the exploration and the commercial utilization of resources from Near Earth Objects (NEOs), such as asteroids.