How to Legally Build Property on the Moon

Whether you’re planning to build property on the moon or you’re just looking to explore space, you’ll want to know about the legalities involved. There are several important laws that you’ll need to know, including the Commercial Space Launch Competitiveness Act, the International Law of the Sea Treaty, and the Outer Space Treaty.

Outer Space Treaty

Currently, there are 105 Outer Space Treaty parties. As of January 2017, the Treaty covers the Earth’s Moon and other celestial bodies. It sets basic rules governing the use of space resources and the settling of disputes.

Article II of the Outer Space Treaty prohibits national appropriation of the Moon or other celestial bodies. States parties are also responsible for the safety of their nationals in outer space. They must avoid harmful contamination and take appropriate measures to prevent the occurrence of extraterrestrial matter. In addition, the Treaty bars state parties from placing weapons in Earth orbit, testing weapons, or developing military bases.

The US government has said that it is considering a “new international legal framework” to facilitate private sector activities in space. Some of these activities include telecommunications, weather mapping, climate mapping, global financial transactions, and space engineering.

These activities support a wide range of everyday life, including environmental mapping, health care, telecommunications, and global financial transactions. Many of these activities are seen as future economic growth.

International Law of the Sea Treaty

During the 1950s, private companies began selling plots of land Build property on moon. Dennis Hope founded the Lunar Embassy, a private enterprise that sells land on the Moon. He claims that his company is not bound by the Outer Space Treaty. He argued that the Outer Space Treaty is a loophole that allows for individual appropriation of celestial bodies.

In 1969, Stephen Gorove argued that the Outer Space Treaty was not a loophole but rather a necessary precondition to private exploitation of space. He noted that in that year, the US Department of Defense was developing an institutional framework for the exploitation of space.

Today, 109 nations are party to the Outer Space Treaty, and the United States has not ratified it. However, the US has recognized that the 1982 Convention reflects customary international law.

It has been proposed that the Outer Space Treaty be supplemented by a safety zone on the Moon. This would prevent companies from interfering with each other’s operations on the Moon. In order to do this, the nations would need to establish a multilateral framework for the protection of the “common heritage of mankind” on the Moon. also read Pursuit of a Radical Rhapsody

Commercial Space Launch Competitiveness Act

Known as the Commercial Space Launch Competitiveness Act, this bill is designed to provide regulatory support and financial incentive for the nascent commercial space industry. Its main objective is to foster growth in the space launch industry by streamlining the current regulatory framework.

The Act provides the requisite legal support for the commercial space industry and offers updates to the space launch system. It also extends the limits on liability of commercial space companies until 2025. It also provides incentives to spur private aerospace competitiveness and innovation.

The Act also includes a “learning period” that will limit the FAA’s ability to enact regulations. The bill defines a suborbital trajectory and includes safety improvements to launch vehicles. It also allows for the issuance of commercial licenses. Its provisions for third parties are less precise. It also contains a waiver process for Federal law requirements.

The bill is also notable for being the first to establish a property rights system in outer space. It provides American citizens the right to mine, collect and transport space resources. The Act also gives the President the right to facilitate space resource exploration and utilization.

Cost of building and operating a lunar outpost

Developing and operating a lunar outpost is not a cheap project. However, there are cheaper alternatives. It would be possible to build a landing pad for $229 million, which is less than half the total cost of a manned base.

If you are building and operating a manned base, you can reduce the overall costs by using oxygen-rich minerals on the lunar surface to reduce operating expenses. You can also recycle supplies to the maximum extent possible.

A lunar outpost would use two or three reusable Lunar Transfer & Excursion Vehicles (LEVs) to deliver and offload equipment, power, and scientific equipment. Each LEV had a truss structure with an upper keel and a lower boom, containing habitat modules and Mars vehicle assembly facilities. Eventually, the base would include a habitation module for a crew of eight to twelve astronauts, with an inflatable “igloo” for a third crew, for a total of 14 to 16.

For the first manned mission, you would need four astronauts. Each of them would serve a 12-month tour. They would conduct astronomical and geochemical experiments, as well as evaluate the use of lunar materials for future missions. During their tours, they would conduct scientific exploration of a few dozen kilometers around the outpost. also read Sumadharu Folium

Chris Greenwalty
Kate Johnson is a content writer, who has worked for various websites and has a keen interest in Online Signals Report and Stock portfolio generator. She is also a college graduate who has a B.A in Journalism. Read More: Fin Scientists >> Read More: Stocks Signals Mobile App >> Read More: Crypto Signals >> Read More: Crypto Trade Signals App >> Read More: Trade Signal Buy and Sell

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