Extraterrestrial ‘Finders Keepers’ law allows US citizens and companies to legally claim ‘abiotic’ natural resources including water and minerals.
In a bipartisan bid to encourage commercial exploitation of outer space, the U.S. Senate this week unanimously passed the Space Act of 2015, which grants U.S. citizens or corporations the right to legally claim non-living natural resources—including water and minerals—mined in the final frontier.
The legislation—described by IGN‘s Jenna Pitcher as “a celestial ‘Finders Keepers’ law”—could be a direct affront to an international treaty that bars nations from owning property in space. The bill will now be sent back to the House of Representatives, which is expected to approve the changes, and then on to President Barack Obama for his anticipated signature.
