This bill directs NASA and the Department of Commerce to jointly study whether the U.S. should establish an institute focused on space resources—such as raw materials and energy sources found in outer space. Within 180 days of the bill's enactment, the agencies must submit a report to Congress outlining the benefits of creating such an institute and evaluating different options for how it might be structured, including whether it should operate virtually or physically. The report must also assess whether partnering with universities, aerospace companies, and mining or extraction industries would help the institute advance U.S. leadership in space technology and reduce risks associated with developing space resources. The bill aims to support American competitiveness in space while exploring how space resources could support future space missions, enable new capabilities, or supplement Earth's resource supplies. No specific funding amount is mentioned in the legislation.
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