Synopsis
Here is a summary of the key points from the report:
- The U.S. commercial space sector has evolved significantly over the past 60 years, from being the exclusive domain of states to increasingly involving private companies.
- International space law requires commercial space activities to be authorized and supervised by a state, so U.S. companies must comply with U.S. regulations that have fluctuated based on government priorities.
- Many current regulations were designed decades ago and struggle to keep pace with emerging technologies and activities like on-orbit servicing.
- Companies want regulations that set standards and promote safety while still enabling innovation and growth. Overly prescriptive regulations can stifle development.
- There is sometimes friction between agencies with different priorities, like commerce vs national security, which makes regulatory compliance challenging.
- Streamlining the licensing process through a single agency could better support the pace of private investment and development.
- Export controls and federal acquisition regulations can be burdensome for startups trying to compete for government contracts.
- Overall, companies want regulations that provide stability and predictability while keeping up with new technologies. They favor standards-based regulations that focus on safety and behavior over prescriptive technology mandates.
