Seven Pillars Launches in Space
Mar 9, 2022
Central Asia’s Leading Law Firm Opens in Space
Astana, Akmola Mar 9, 2022 (Issuewire.com) - Seven Pillars Law, an international law firm headquartered in the Astana International Financial Centre (AIFC) in Kazakhstan, has established a company in space. In a statement on its website, Asgardia made the announcement that Seven Pillars Law is the first company to be established in space.
His Excellency Ben Dell, Minister of Trade and Commerce for Asgardia, said "As a nation of the future, and the world's only truly digital democracy, I am delighted to offer opportunities for businesses to establish and flourish in Asgardia. Seven Pillars is the first of many enterprises looking to establish in Asgardia, a nation at the forefront of innovation and entrepreneurialism and I wish all Asgardian companies well."
John Fine, Chairman of the Trade and Commerce Committee for Asgardia said "I am extremely happy to see the first business registered in Asgardia, and an earth state business at that".
Seven Pillars Law was registered by Asgardia and is housed on the satellite Asgardia-1. This means that not only can Seven Pillars Law provide its stellar legal advice across the globe, it can also support those looking to access the rest of the universe. This reflects Seven Pillars' commitment to space exploration and builds on Kazakhstan's many firsts in space.
"In addition to Space and Aerospace being one of the firm's core offerings, we pride ourselves on being at the forefront of innovation and being a market leader. So seeing Seven Pillars become the first company registered in space, I find it very fitting," said Matthew Farmer of Seven Pillars.
This is not Seven Pillar's only connection to space. Recently, it signed a Memorandum of Understanding with the Kazakhstan Space Agency. Seven Pillars association with Space is fitting given Kazakhstan's inextricable links to the history of space travel and development, evidenced by the fact that Kazakhstan played a key role in both sending the first man to space as well as being the first to launch a satellite into space as part of a collective effort by the region.
This pioneering spirit, which has been thriving and ever-present in Kazakhstan, is mirrored by Seven Pillars. A commitment to space and innovation closely ties into Seven Pillars' core areas of expertise.
The global space industry is still in its infancy. However, it has been estimated by Morgan Stanley that it will grow to be worth US$1 Trillion by 2040. The space tourism industry alone has been estimated by UBS to grow to a $3 Billion industry by 2030. The general consensus is that there are opportunities to be had and this could be arguably one of the greatest inflexion points in the history of mankind as we move into what has long been thought to be the final frontier. There are certainly going to be challenged and having a partner with a similar vision and commitment to innovation will be key. As the first law firm in space, Seven Pillars Law should very well be your first call.
Source :Seven Pillars Law
This article was originally published by IssueWire. Read the original article here.
More News
Battle Over the Pierre Ends in Defeat for the Buyer Pushed by Lutnick
Motasem Khashoggi, who hails from a prominent Saudi family, missed a Tuesday deadline to deliver a $100 million deposit to purchase the Manhattan landmark.
What Is Starshield, SpaceX’s Military-Grade Satellite Internet Service Ukraine Relies On?
For years, Ukraine’s armed forces have relied on satellite communication services developed by Elon Musk’s SpaceX. Recent restrictions have hampered its war effort.
Why Trump’s Russian Diesel Deal Is Unlikely to Lower Fuel Costs
President Trump’s deal with Russia will probably not lower diesel prices that have soared because of his war with Iran and Ukrainian attacks on Russian refineries.
Higher Energy Prices Pushed U.S. Inflation Up to 3.7% Ahead of Midterm Elections
September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures.
Surging Inflation Complicates Trump’s Final Push to Sell Voters on Strong Economy
The final inflation report before the 2026 election — showing price increases and stagnant wages — spelled bad political news for the White House.
Attacks on Ships in Strait of Hormuz Escalate Sharply
In a volatile moment in the region, a significant increase in attacks on vessels passing through the vital waterway is raising alarm.
Drop-off charges at UK airports to be reviewed after sharp increase
Confirming the review, the government said it was "vital to ensure travel remains accessible and that passengers are treated fairly".
Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force
The streamer’s share price is down more than 40 percent over the last year as the company has struggled with stalling engagement.
Netflix to shed 1,000 jobs in steepest cuts since 2022
The cuts equate to around 6% of the streaming giant's total workforce worldwide.
Police Identify 42-Year Old Man Killed at Six Flags Over Georgia
The police identified the 42-year-old man who died at Six Flags Over Georgia on Monday. The company said it was temporarily closing multiple rides in the U.S. and Canada as a precaution.
'It's rough out here': Americans struggle with rising inflation
US inflation continues to rise, and this month the jump was above forecasts. Here's how some are surviving.
Toilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineer
Abdulrahman Alfozan had worked for the AI giant for more than a year before he was arrested by the FBI.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.