FIRST AIRED: April 29, 2019

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00:00:00
Germany fears this is getting left behind in the space race , Berlin now in a hurry to draw off noodles off to seeing a brain drain off top talent in the sector it's afraid of missing out on an emerging space market that could be worth one trillion dollars a year by the twenty forties central to that the prospect of mining asteroids and the moon the US already pasta Lauren twenty fifteen allowing firms to claim resources they find in space Germany is a long way behind legally and financially it spends about one point one billion dollars a year on space activity the US spends about forty times as much , Berlin's new movie isn't about raising government spending the it's about enabling the private sector and bus likely a big beneficiary it's co owns European rocket builder Ariane one Dalton committee and we want to conquer the commercial market when he wakes up which we expect in two to three years we'll be on the market the rocket this is forty percent cheaper I will continue to reduce costs after that we are very hopeful and we already have the first few contracts , Germany's revised rules will offer incentives for new projects they will also limit the liabilities all firms that have accidents in orbit , the space agency has accelerated its return to the moon program it aims to have people Bakalar lunar soil by twenty twenty four , Abbas you this already build much of the kia that will be needed the real riches may not be in making the text below they could go to the first firm the figures out how to plan the space for mineral riches