On Tuesday, the House Subcommittee on Space and Aeronautics passed five bills related to satellites. The bills are intended to help the United States remain competitive in the global space industry.
The first bill, the Commercial Space Launch Competitiveness Act, would extend the current legal framework for commercial space launches until 2025. This would give companies more time to develop their technology and increase their competitiveness in the global space industry. The bill also seeks to protect companies from liability if their launches fail.
The second bill, the Space Resource Exploration and Utilization Act, would allow companies to mine resources from asteroids and other celestial bodies. This would open up a new market for companies to explore and exploit resources in space.
The third bill, the Space Traffic Management Act, would create a new system for tracking and managing traffic in space. This would help prevent collisions between satellites and other objects in orbit.
The fourth bill, the Space Weather Research and Forecasting Act, would create a new system for predicting and responding to space weather events. This would help protect satellites from solar storms and other space weather events that can cause damage.
The fifth bill, the Space Launch System Authorization Act, would authorize the development of a new launch system for sending satellites into orbit. This system would be more efficient and cost-effective than current launch systems.
These five bills are important steps in helping the United States remain competitive in the global space industry. They will help protect companies from liability, open up new markets for exploration and exploitation, create a system for tracking and managing traffic in space, predict and respond to space weather events, and develop a new launch system for sending satellites into orbit. These bills will help ensure that the United States remains a leader in the global space industry for years to come.
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