Space
The global space industry is opening new markets and transforming our economy. Valued at nearly $450 billion and growing, the space industry is driving exhilarating technological progress that is helping advance many other industries, such as telecommunications, defense, bioscience, manufacturing, and energy exploration.
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How Nuclear Power Could Transform Space Exploration
Amy C. Roma, Global Energy Practice Leader at Hogan Lovells, outlines the use cases of nuclear power in space at the Global Aerospace Summit 2024.
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Every day, more businesses are considering the commercial potential of space. The U.S. Chamber is working closely with government and industry leaders to turn potential into a reality. We are advancing public-private collaboration needed to support space exploration and commercial and private aerospace travel as well as to create guidelines for managing traffic and commerce. We are also helping government leaders shape smart regulations to drive innovation and growth in this emerging sector so people, businesses, industries, and economies everywhere can benefit from the limitless possibilities of space.
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This letter serves as a recommendation with respect to economic modeling to better inform the decision process specific to significant military sales to allies and friends globally.
Over the next thirty years, internet access via satellite is predicted to account for up to 70% of the space economy.
The space economy will increase from approximately $385 billion today to at least $1.5 trillion by 2040.
Robust public and private sector leadership is needed for the safety, stability, and sustainability of current and future space operations.
A proposed regulation would reduce defense contract progress payments as much as 30% below current standards.
Op-ed featured in DefenseNews regarding outdated US defense export policies.
DAEC hosted a successful discussion on FIRRMA and Export Controls with Advisory Board Member, Hon. Kevin Wolf.
DAEC welcomes the State Department’s announcement regarding the approved implementation plan for the CAT Policy.
Despite the shifts in the contracting marketplace, Congress is still seeking to apply age-old remedies.
DOD must improve the way it does business. Times have changed since the 1980s.
