The space mining legislation signed into law by President Barack Obama on Wednesday – which gives U.S. space firms the right to own and sell natural resources mined from asteroids and other space bodies – is considered dangerous and potentially illegal by some experts. Particularly happy with the U.S. Commercial Space Launch Competitiveness Act is Planetary Resources, a 2010-founded firm seeking to extract water, important materials, and minerals from asteroids and profit from them.
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