In law, telepossession is the right of ownership of a resource based on telepresence rather than physical proximity.
The term gained importance in maritime salvage following the case of the SS Central America.
The common law principle of pedis possessio was relied on by the claimants to press their claim for ownership of the recovered gold.
Pedis possesseo in layman's terms means "To walk on and to claim possession".
Telepossession can provide for a form of possession which will allow mining and space colonization companies from all the world's nations, as private entities, to develop the extraterrestrial resources used in making space stations, fleets of spacecraft, fueling stations, asteroid threat control, infrastructure and all other colonization infrastructures.