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.
The 2023 Global Aerospace Summit convened leaders from the public and private sectors to look at the present and future of the commercial aviation and space industries.
Highlights: Global Aerospace Summit 2023
Feature Story
The rising space economy can play a critical role in the future prosperity of our people and our planet.
Feature Story
Here’s what businesses need to know about the space industry in advance of the U.S. Chamber’s Global Aerospace Summit in September 2023.
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Our Work
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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Events
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Latest Content
The April 2019 Defense and Aerospace Export Council newsletter.
The U.S. must continue to lead, develop, and deploy space systems at increasing rates of innovation and efficiency.
Despite the chasm across parties and branches of government, this is one area of shared purpose and worthy of progress.
If it's true that businesses benefit from certainty, then U.S. space companies that rely on the federal government have a big problem.
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.