A single liter costs a few thousand dollars. Because there is no magnetosphere around the #Moon 🌙, it's believed there are large quantities of #helium3 gas trapped in pockets of the #lunar regolith. #Interlune is working toward the launch of a demonstrator mission in 📆 2026 that will sample the lunar regolith, measure the helium-3 quantity, and then attempt to extract some of it. https://arstechnica.com/space/2024/03/mining-helium-3-on-the-moon-has-been-talked-about-forever-now-a-company-will-try/

#MoonMining

In 📆 2022, the #SpaceIndustry was estimated to be worth US$350 billion 💵 and is projected to grow 📈 to more than one trillion 💰 dollars over the next two decades. Actors such as #SpaceX already own a majority of the #LEO #satellites 🛰️ . In the absence of a concerted global 🌏 dialogue, individual countries are pushing ahead with their own laws. Usually, international arrangements tend to arise 🥱 when there is a real risk of #conflict. https://www.nature.com/articles/d41586-024-00722-4

#SpacePolitics #MoonMining

#UNOOSA International #SpaceLaw 👨‍⚖️ : United Nations Instruments https://www.unoosa.org/oosa/oosadoc/data/documents/2017/stspace/stspace61rev.2_0.html

#SpacePolitics #UN

The #European 🇪🇺 Commission is expected to propose the world's first comprehensive #SpaceLaw after Easter https://www.politico.eu/article/eu-wants-make-space-safe-law-label-boring/

#SpacePolitics #SpaceRegulation

While the #OuterSpaceTreaty offers broad principles to guide the activities of nations, it does not offer detailed “rules of the road.” Essentially, the treaty assures freedom of exploration and use of space to all humankind. There are just two caveats to this, and multiple gaps immediately present themselves. https://edition.cnn.com/2022/01/03/world/space-law-united-nations-partner-scn/index.html

#SpaceRegulation #SpaceLaw

There are multiple potential futures 🔮 that could arise from a lack of collaboration in #SpaceGovernance. Without further cooperation and agreement among the major and minor #SpacePowers, multiple, competing governance systems may end up being established, further increasing the potential for #conflict 💣 https://www.rand.org/pubs/commentary/2022/11/governance-in-space-mining-the-moon-and-beyond.html

#SpacePolitics #SpaceRegulation

#SpaceForce officials don’t have to obtain a permit or permission from the #California Coastal Commission for rocket launches; they only need to reach an agreement to mitigate the effects.

But commissioners in recent months have questioned whether #SpaceX launches, which carry private #Starlink equipment on up to 87% of their flights, should be considered private activity. https://www.latimes.com/california/story/2024-10-11/la-me-spacex-coastal-commission

#SpacePolitics #SpaceRegulation