Today In Space History

25 November 2015 - President Obama Signs the SPACE Act Into Law

25 November 2015 - President Obama Signs the SPACE Act Into Law

On 25 November 2015, United States President Barack Obama signed the Spurring Private Aerospace Competitiveness and Entrepreneurship (SPACE) Act into law.

The law is a first of its kind. It gives U.S. citizens the right to "engage in the commercial exploration and exploitation of 'space resources' [including ... water and minerals]".