RSSThe Grand Duchy of Luxembourg and the United States of America signed a memorandum of understanding (MoU) to catalyze and deepen cooperation between the two countries in the field of space.
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The memorandum will serve to establish a more formal dialogue, sharing of expertise and exchange of information between Luxembourg and the United States. The MoU will promote the continued growth of their respective space industries through new commercial and investment opportunities, as well as strengthen policy coordination as the two countries lead the international community in promoting a business-friendly regulatory framework, the countries said in a joint statement.
The agreement also aims to strengthen collaboration by identifying projects of common interest, for example in the fields of civil space exploration, science, research and development (R&D), earth observation, space situational awareness and communications. Thus, the MoU further facilitates research, exploration, development, and use of space, not only by the two countries governments, but also by research institutes and private sector space companies.
Étienne Schneider, Luxembourg’s deputy prime minister and minister of the economy, signed the MoU for the Grand Duchy. Wilbur Ross, U.S. Secretary of Commerce, signed for the United States.
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