Expansion of international space law at the centre of Asteroid Mining Talk
Strategies for complementing the existing treaty framework governing resource extraction operations in Space through adaptive governance models will be discussed at an Asteroid Mining Talk taking place at Space Park Leicester later this month.
Hosted by Space Park Leicester in conjunction with the Centre for European Law and Internationalisation (CELI), speakers will outline what has been done so far on space resources law and provide suggestions to its continuing development.
The CEO of Asteroid Mining Corporation UK, Mitch Hunter-Scullion, will speak at the hour-long event taking place on Wednesday, November 16, at 2pm.
Mitch said: “Space resources have the opportunity to change the entire global economy. As such the emergent legal regime requires both flexibility in the form of adaptive governance as well as open transparency from operators in the sector; there will be no skeletons in the cupboard of this industry.
“I can’t itemise the assets, but I can lump them: a whole world, and many more beyond it. Filled with riches greater than our minds can possibly imagine, richer than the history of our entire planet. With the scope to ensure not just our survival, but our expansion for millennia to come, unto the deepest, darkest reaches of our Solar System and beyond. It’s raining soup, grab yourself a bucket.”
Asteroid Mining Corporation is the Earth’s portal to the space mining industry. The space resources company is currently developing robotic and satellite platforms to enable the exploration and extraction of off-world resources, including from asteroids.
Dr Rossana Deplano, Associate Professor and Co-Director of the Centre for European Law and Internationalisation added: “International space law is not fully equipped to regulate space resource activities. While the Outer Space Treaty (1967) does not prohibit space mining, it does not regulate it either. It is in this context that the practice of space actors becomes relevant to develop shared interpretations of the space law treaties and fill existent normative gaps.
“The prospects of space exploration are immense, and so are the potential risks. These are the themes that inform my current research at the Centre for European Law and Internationalisation (CELI) and I am delighted to explore them with Asteroid Mining Corporation, one of the new space actors that are redefining what is possible in space.”
The Asteroid Mining Talk will take place at Space Park Leicester, 92 Corporation Road, Leicester, LE4 5SP on Wednesday, 16 November at 2pm. Attendance must be confirmed on Eventbrite: https://bit.ly/3WrruzU.
Space Park Leicester has been designed to support increased collaboration between University of Leicester researchers and educators and the private sector, creating high quality knowledge-based jobs, building the skills base through training, and contributing to economic growth and resilience of the economy. The project is led by the University of Leicester in partnership with Leicester City Council and the Leicester and Leicestershire Enterprise Partnership (LLEP).