Feeds

US businessman makes $9m selling lunar real estate

Still eight billion acres up for grabs

Build a business case: developing custom apps

An apparently unnoticed loophole in the 1967 UN Outer Space Treaty has allowed a businessman from Nevada to spawn a multi-million-dollar property business selling plots of lunar real estate at $20 (£10) an acre.

Dennis Hope has been claiming ownership of the Earth's Moon - and seven planets and their moons - for over 20 years. So far, he says he has sold more than 1.6m sq km (400 million acres) netting him $9m (£4.5m). A further eight billion acres are still up for grabs.

Unsurprisingly, no government has yet recognised the lunar sales as legally binding, dispelling speculation that maybe the moon was in fact made of money, and not cheese as previously thought.

Proposed plans to mine huge reserves of helium 3, which are in abundance on the moon and could potentially solve our planet's energy crisis, have heavily contributed to this renewed interest in our nearest celestial neighbour.

The next leg of the space race - to exploit the Moon - was further fueled by President George Bush in January 2004 when he announced the US would return to the Moon by 2017. He said he aimed to establish a long term lunar base by 2020. Curiously enough, this announcement came the day after China announced it was sending astronauts to the moon. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Boffins attempt to prove the UNIVERSE IS JUST A HOLOGRAM
Is this the real life? Is this just fantasy?
Our LOHAN spaceplane ballocket Kickstarter climbs through £8000
Through 25 per cent but more is needed: Get your UNIQUE rewards!
China building SUPERSONIC SUBMARINE that travels in a BUBBLE
Shanghai to San Fran in two hours would be a trick, though
LOHAN tunes into ultra long range radio
And verily, Vultures shall speak status unto distant receivers
SpaceX prototype rocket EXPLODES over Texas. 'Tricky' biz, says Elon Musk
No injuries or near injuries. Flight stayed in designated area
Galileo, Galileo! Galileo, Galileo! Galileo fit to go. Magnifico
I'm just a poor boy, nobody loves me. But at least I can find my way with ESA GPS by 2017
EOS, Lockheed to track space junk from Oz
WA facility gets laser-eyes out of the fog
prev story

Whitepapers

Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up distributed data
Eliminating the redundant use of bandwidth and storage capacity and application consolidation in the modern data center.
The essential guide to IT transformation
ServiceNow discusses three IT transformations that can help CIOs automate IT services to transform IT and the enterprise
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.