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Mining in Earth and Space Division

President Obama signed the so-called “Space Law,” approved by the US Congress whose latest title allows companies in the country to exploit space mining and the appropriation of asteroids and other “space resources.”The concept of “space mining” began to develop in the early 90s but caught momentum on November . 25, 2015  when President Obama signed the so-called “Space Law,” approved by the US Congress. Its latest title allows companies in the country to exploit space mining and the appropriation of asteroids and other “space resources” by private individuals and companies if they get the technology to move and exploit the bodies rich in minerals such as platinum, gold, iron or water.

The law makes it clear that whoever is capable of recovering resources from an asteroid has the right to “own, transport, use and sell it.” However, this is not something novel as the Americans have transgressed the rules of maritime law to space.

In addition to that, the USA cannot reserve sovereignty rights because the claim of celestial bodies by governments is expressly prohibited in the International Treaty  of Outer Space signed within the UN in 1967.

This treaty states that nations cannot have territories in space, i.e., no country can claim exclusive ownership over any celestial body.

Therefore, the race for the lucrative  exploration and private exploitation of space has begun, and it is only necessary that technological advances allow it.

It is something that companies are already immersed in, and that could be extremely profitable at a spatial level.

These companies are investing in developing probes capable of approaching asteroids to try to exploit their resources, which are innumerable.

They are also attempting to find the most suitable candidates for their first expeditions among the rocky bodies that orbit the Earth or accumulate in the asteroid belt between Mars and Jupiter.

Manny Tan Sy of Mancor Tech Corp USA -Most Futuristic individual and company to explore any possible beyond entrepreneur imagination, like capture all kinds of industries in one umbrella, like a chips or intergrated circuit by means of computers, software, robotics, continous research and education , license required by law and government. With many years of business experienced , engineering background and profession, faculty member and being a profession inn information technology. 

Office: Manuel Tan Sy or Manny Tan Sy -Mancor Tech Corp 318 Westlake Center Suite 208 Daly City CA 94015 www.mancor.org  phone: 415-318-0247 or 415-841-9134 emails: mannytansy@gmail.com , mannysy@mancor.org , corasy@mancor.org , reiansy@mancor.org 


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Links for Research for Mancor Tech Corporation Mining in Space 
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