Lunar Resources Registry UG has landed
The startup Lunar Resources Registry UG (LRR) recently started operations in Darmstadt and Frankfurt. In the 2020 selection process, LRR was able to convince with its business model and was thus accepted into the renowned Business Incubation Center (BIC) of the ESA (Hesse and Baden-Württemberg) in Darmstadt.
LRR was founded on the basis of the knowledge that the increasing moon missions on the one hand and the diverse Low Earth Orbit (LEO) missions in space by actors from many nations on the other hand, can lead to conflicts of interest. This is especially true for the surface of the moon and the resources located there, which will be decisive for the further commercial and peaceful development of space. In this context, LRR offers a meticulous recording of all available resources as far as existing data allow this, as well as the registration of mining and prospecting projects, of so-called ‘heritage sites’ and areas that require special protection. The services of the LRR are mediated and provided in strict compliance with international agreements such as the Outer Space Treaty of the United Nations. For the recording of declarations of intent on clearly defined areas of the moon, LRR also offers the necessary data in a constantly updated database which connects and processes the most diverse data sources and meta-data of the geological maps of the moon. All claims, management intentions, prospecting and mining rights of any kind are recorded, documented and archived by LRR. The clients of the LRR cannot acquire property on the moon or other celestial bodies against the background of current case law.
In order to offer the economic interests in connection with the resources located on the moon a globally recognized and independent authority for the economic development of the CIS lunar economy, LRR positions itself as a global partner for companies, space agencies, universities and governments. In addition, LRR wants to develop the essential pillars of a new legal system for space together with all stakeholders in order to promote greater legal certainty and fair conditions for everyone involved. The currently relatively vague case law will be positively influenced by this development and will hopefully lead to an amendment of the existing statutes. In this sense, LRR will work in the entire New Space Community and its networks to
Among the previously known and identified resources on the moon are: titanium, iron, silicon, aluminum, water, oxygen, hydrogen and helium-3. The specific locations of these deposits range from easy-to-develop to difficult-to-develop-but-valuable or shady craters that may have ice or water resources. Both national space agencies and private companies collect and need precise data about the surface of the moon. So far, entrepreneurs interested in space resources have developed rather vague business concepts for commercializing the moon and its resources. Still, there is significant public and investor interest in exploring and carrying out real missions. With this in mind, LRR sees the moon and its resource deposits as the next logical development in the evolution of space commerce. A relevant example of this are the mining companies on earth who, under increasing environmental regulations and a changed energy industry, can no longer organize their activities as economically and profitably as in the past.
Big economies like America, EU, China, Russia, Japan and India all have moon projects in one form or another. However, Space Resources and their programs not only require realistic and political objectives, but above all also clear commercial intentions, as these are high investment sums and missions of great public / economic interest. The many different orbiter and lander technologies therefore represent an unmistakable trend in which the first priority will be to develop sufficient technical skills not only to reach the moon, but also to implement projects that justify the commercial feasibility of such missions and activities . The aim of this trend is to identify promising places on the lunar surface with sufficient intrinsic value, but also ideal starting points for earth-to-moon-to-earth communication, energy generation and / or research into water components in permanent shadow regions. Without a doubt, this development will lead to increasing activities on the moon and Lunar Resources Registry UG would like to make a significant contribution to this.
Lunar Resources Registry UG (LRR) was founded in 2020 and is now an ESA-funded start-up in its Business Incubation Center (BIC) for Hesse and Baden-Württemberg in Darmstadt. LRR’s goal is the commercial development of the resources located on the moon through their comprehensive localization, documentation, archiving and, last but not least, the official registration for its clients.