Commercial Launch Sector Gets What It Needs | SpaceNews.com

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.

Sourced through Scoop.it from: spacenews.com

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