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NEWSWEEK: Asgardia: 'World's First Space Nation' Inaugurates Head Of State

Asgardia, a proposed “space nation,” inaugurated its first head of state Monday during a ceremony at the Hofburg Palace in Vienna, Austria, which was attended by diplomats, researchers, engineers and legal experts from around the world.

The new head of nation, Igor Ashurbeyli—a Russian scientist, billionaire and philanthropist—took an oath of office during an event with no shortage of pomp and circumstance. He went on to unveil ambitious goals for the first space nation: notably, to have permanently inhabited space stations in low Earth orbit and stationary settlements on the Moon within the next 25 years.