Council Chronicle

Thursday, April 15, 2021
Log in
  • National News
  • Business & Economy
  • Technology
  • Science
  • Health
  • About CC
    • Our Team
    • Contact Us
    • Privacy Policy GDPR
    • Terms of Use

Pages

  • About Council Chronicle
  • Contact Us
  • Our Team
  • Privacy Policy GDPR
  • Terms of Use

Recent Posts

  • Former Wife of Prolific Arizona Serial Killer Speaks Up First Time after Scottsdale Suicide June 29, 2018
  • Indiana Couple Arrested After Authorities Discovered Cruel Punishment Device in Home June 28, 2018
  • Schizophrenic Oregon Man Who Was Seen Carrying His Mother’s Head Committed to Psychiatric Facility June 27, 2018
  • Texas Lawmen Looking for Four Suspect Who Tortured Child During Home Invasion June 27, 2018
  • Retirement Home Resident Reported Fake Fire to Draw In Firefighters and Shoot Them June 26, 2018
  • Arkansas Man Kills Wife, Sticks Body In Chest Freezer Before Committing Suicide June 26, 2018
  • West Virginia Man Arrested After He Tried to Baptize Family by Drowning Them in the Bathtub June 25, 2018

The Space Act Has Been Approved by U.S. Congress

November 17, 2015 By Adam Martin Leave a Comment

Email, RSS Follow
The Space Act has been approved by U.S. Congress on November 16th, laying the path for private companies to mine asteroids and appropriate all resources thus gained.

The Space Act has been approved by U.S. Congress on November 16th, laying the path for private companies to mine asteroids and appropriate all resources thus gained.

The Space Act has been approved by U.S. Congress on November 16th, laying the path for private companies to mine asteroids and appropriate all resources thus gained.

That is not the only provision of the Space Act, yet is is a rather controversial one, with top lawyers arguing whether or not private companies or states for that matter have the right to own natural resources from space according to international law. Yet, it is not a novelty and this provision has been long in the making.

Many argue that the Space Act is a bold statement from the United States and one that set private spaceflight finally free from the heavy regulation of the U.S. government. Following a period of learning as it has been dubbed when private companies have tested their ambitious plans without lawsuits getting in the way, the final confirmation is here.

The Space Act has been approved by U.S. Congress and with it, a new commitment to the future of the International Space Station has been brought under the spotlight. Finally, NASA is receiving the needed funding that will free the agency, the U.S. government and U.S. astronauts from the multi billion dollar affair with the Russian Soyuz shuttles. Until now, the U.S. has paid 70 million dollars for each flight performed by the Russian to ferry U.S. astronauts to the International Space Station.

Representative Lamar Smith (Rep., Texas), the chairman of the Science Committee has stated:

“This bill encourages the private sector to launch rockets, take risks and shoot for the stars”.

Last week the Space Act bill cleared Senate by unanimous vote. On Monday it also passed the House. President Obama must now review the Space Act. No veto has been announced on the bipartisan bill, although the President has stated that it would need some improvements.

Read thoroughly, the bill might seem the preface to a science fiction novel, with ‘orbital traffic management’ language placed in there too. Nonetheless, it is indeed a preface for the age of commercial space, a race that everyone is ready to embark on.

Photo Credits: Pixabay

Email, RSS Follow

Filed Under: Science Tagged With: asteroid mining, bill, International Space Station, private companies, Space Act, The Space Act Has Been Approved by U.S. Congress, U.S. Congress

Leave a Reply Cancel reply

Your email address will not be published.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 18 other subscribers

Recent Articles

ethics in dictionary highlighted

NIH Will Examine Ethical Problems of One of Their Studies

March 27, 2018 By Adam Martin Leave a Comment

biomutant character

Eleven-Minutes Long Biomutant Trailer Prepares You for Amazing Gameplay and Mechanics

August 26, 2017 By Adam Martin Leave a Comment

intime alibaba

Intime May Be Acquired By Its Founder And Alibaba

January 11, 2017 By Jesse Skelton Leave a Comment

Newborn baby

A Woman Gave Birth to Baby After Fertilizing Frozen Ovary

December 16, 2016 By Lee Raulin Leave a Comment

Parkes radio telescope

Hunting Aliens with Parkes Radio Telescope

November 11, 2016 By Ben Beckstrom Leave a Comment

man suffering from election season stress

Stressed Out? Here Are 7 Ways to Get Rid of Election Season Stress

October 19, 2016 By Adam Martin Leave a Comment

Disney World wants to prevent fraud.

Disney World prevents fraud by scanning children’s fingers

September 8, 2016 By Adam Martin Leave a Comment

artificial intelligence

How will the Artificial Intelligence will affect our life by 2030?

September 3, 2016 By Adam Martin Leave a Comment

opera sync

Opera Sync resets passwords after it was hacked

August 30, 2016 By Adam Martin Leave a Comment

viping

Why are teens viping – flavours or nicotine?

August 26, 2016 By Dustin Smith Leave a Comment

sex abuse

Doctors in sex abuse cases return to work. What happens with their victims?

August 25, 2016 By Adam Martin Leave a Comment

affection

Affection or food – which is more important for a dog?

August 19, 2016 By Adam Martin Leave a Comment

Chipotle restaurant

Chipotle to Open its First Burger Joint

July 30, 2016 By Ben Beckstrom Leave a Comment

Chicken sandwich from Chick-fil-A

Chick-fil-A Rolls Out Protein-Packed Grill Breakfast Sandwich

July 20, 2016 By Ben Beckstrom Leave a Comment

Related Articles

  • Two neutron stars colliding, forming a gravitational wave

    Are Colliding Wormholes the Real Producers of Gravitational Waves? (Study)

    Jun 15, 2018
  • Trepanation

    Ancient Peruvian Doctors Better at Trepanation Than Civil War Surgeons, New Study Finds

    Jun 13, 2018
  • Songbirds

    UK and Germany Biologists Closer to Understanding How Two-Way Communication Works in the Animal Kingdom

    Jun 6, 2018
  • nile crocodiles on white sand in a museum

    Crocodiles Listen to Bach as Researchers Study Their Brains in New Experiment (Study)

    May 9, 2018
  • view of coast from isle of skye

    Scientists Discover Rare, Giant Dinosaur Tracks in Scotland (Study)

    Apr 5, 2018
  • Intelligent Vehicles

    Stanford to Spearhead Intelligent Vehicles Revolution with Cars that can See Around the Corner

    Mar 7, 2018
  • Floating robot and ISS

    Floating Robot To Join the ISS Crew in June

    Mar 5, 2018
  • exploding star

    First Ever Photo of a Star Exploding Captured by an Amateur Photographer

    Feb 26, 2018
  • little skate at the bottom of the ocean

    Did Ancient Fish Start Walking Before Even Leaving the Ocean? (Study)

    Feb 12, 2018
  • Mayan pyramid in Guatemala

    Laser Technology Reveals More Maya Ruins in Guatemala

    Feb 4, 2018

Categories

  • Breaking News
  • Business & Economy
  • Entertainment
  • Health
  • National News
  • Nature
  • Science
  • Technology
  • World News

Copyright © 2021 CouncilChronicle.com

About · Terms of Use · Privacy Policy · Contact