Commercial Spaceflight And The Dawning Age of NewSpace

Commercial Launch Sector Gets What It Needs |

The U.S. Space Launch Competitiveness Act, which was signed into law by the President Nov. 25, is a victory for one industry sector that only recently returned to U.S. territory and another, fledgling sector that finally appears on the verge of becoming a reality.

Perhaps most importantly, the measure extends by nine years the government indemnification regime that has traditionally protected U.S. launch companies against ruinous lawsuits filed by uninvolved third parties.

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See on Scoop.itThe NewSpace Daily


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