Luxembourg is the first adopter in Europe of a legal and regulatory framework recognizing that space resources are capable of being owned by private companies. Etienne Schneider More Quotes by Etienne Schneider More Quotes From Etienne Schneider Luxembourg's aims is to be in the top 10 space faring nations in the world. Etienne Schneider science The compromise agreed today will enable the EU to set up an effective PNR system which fully respects fundamental rights and freedoms. Etienne Schneider world Fishermen own the fish they catch, but they do not own the ocean. Etienne Schneider fishermen fish own ocean I have more than 70 space companies in the pipeline. Etienne Schneider than more pipeline space Luxembourg is such a small country that we always have to reinvent ourselves and take on a certain risk to succeed. Etienne Schneider small always succeed country In 1985, the government decided to launch the first satellite. We had huge discussions then that nobody would need that kind of satellite or that it could fall from the sky. Etienne Schneider nobody government sky fall Asteroids are often seen as a threat, but they are also an opportunity. The use of space resources holds a large potential for future technological innovation. Etienne Schneider future innovation space opportunity London is a very important financial centre. Etienne Schneider very financial london important Luxembourg has always been a country that has tried to reinvent its own future. Etienne Schneider own always future country We will support the long-term economic development of new, innovative activities in the space and satellite industries as a key high-tech sector for Luxembourg. Etienne Schneider new will support space Our aim is to open access to a wealth of previously unexplored mineral resources on lifeless rocks hurling through space, without damaging natural habitats. Etienne Schneider aim wealth rocks space Luxembourg has a track record of being successful when it takes risks. You need to take on risks to be successful. Etienne Schneider risks need being you In the long term, space resources could lead to a thriving new space economy and human expansion into the solar system. Etienne Schneider new economy space long