A bill currently awaiting President Obama’s signature would exempt private spaceflight companies like SpaceX, Blue Origin, and Virgin Galactic from most U.S. government oversight for the next eight years. The legislation would extend a so-called “learning period” for the industry until at least 2023, keeping agencies like the Federal Aviation Administration from regulating commercial space companies as closely as the rest of the aerospace industry.
Obama Is About To Give Private Space Companies A Big Break
Clay Dillow / Fortune, Time: Business
Tue, 11/24/2015 - 10:35pm
Topics: obama&rsquo spacex federal aviation administration president obama the u.s commercial space launch competitiveness act december oct ldquo;when marco caceres teal group outer space treaty continuing iss fortune president obama in blue origin virgin galactic u.s international space station faa private space space companies bill spaceflight support government ownership start period&rdquo period human resources regulations aerospace rocket oversight extend rest commitment extends sign developed regulatory regulation decade future claim planets bodies asteroids regulators safety celestial
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