from the your-rights-onluna dept.
SonicSpike writes "The founder of Bigelow Aerospace, Robert Bigelow, made a fortune in the hotel and real estate businesses, and he's pouring hundreds of millions of dollars into an enterprise that will create inflatable habitats designed for life beyond Earth. He entered into an agreement with NASA to provide a report on how ventures like his could help NASA get back to the moon, and even Mars, faster and cheaper. Bigelow is applying to the Federal Aviation Administration's Office of Commercial Space Transportation to amend a 1967 international agreement on the moon so that a system of private property rights can be established there. 'When there isn't law and order,' he said, 'there's chaos.' Bigelow said he believes the right to own what one discovers on the moon is the incentive needed for private enterprise to commit massive amounts of capital and risk lives. 'It provides a foundational security to investors,' he said. Bigelow does not feel that any one nation should own the moon. 'No one anything should own the moon,' he said. 'But, yes, multiple entities, groups, individuals, yes, they should have the opportunity to own the moon.'"
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