The Golden Spike company, which is reportedly planning a privately-funded lunar landing by 2020, is expected to publicly announce its plans at a news conference at the National Press Club in Washington DC.
Richard Branson and Warren Buffett are rumoured to be among those who have invested in the company and blogs about the space industry suggest that the company has reserved a future launch of SpaceX's Falcon launch vehicle for its spacecraft.
Dr Chris Newman, a senior lecturer in Law at Sunderland University and teaches about Space Law, explained to Today presenter Sarah Montague that space law will "go a very similar way" as internet law in the next 30 years.
He predicted hat we will soon be seeing "actual terrestrial law bleeding in to extraterrestrial matters".
"What we are seeing is an embryonic legal system here," he added.
Get in touch with Today via
or text us on 84844.