• It states “Any asteroid resources obtained in outer space are the property of the entity that obtained such resources, which shall be entitled to all property rights thereto, consistent with applicable provisions of Federal law.”
  • By default, the relevant authority could wind up being the Federal Aviation Administration. This potentially gives the nation’s aviation regulators a tremendous amount of power over the fledgling private space industry.
  • “The bill preserves the FAA’s ability to regulate commercial human spaceflight in order to protect the uninvolved public, national security, public health and safety, safety of property, and foreign policy,” the House Science Committee said in a release.

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