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
The rising space economy can play a critical role in the future prosperity of our people and our planet.
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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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.
Small business advice from CO—
U.S. Chamber of Commerce comments to the IRS request for information for certain sources of income from space.
This Hill letter was sent to the Members of the Senate Committee on Commerce, Science, and Transportation, and the House Committee on Science, Space, and Technology, supporting a reauthorization of the National Aeronautics and Space Administration.
The space economy is booming, with some estimates projecting it to reach $1 trillion by 2040. Here are four trends that will shape the commercialization of space in 2022.
Class Deviation 2021-O0009 was recently released by DPC. The Deviation implements the requirements of Executive Order 14042 – Ensuring Adequate COVID Safety Protocols for Federal Contractors. The actions directed by the Executive Order will ensure parties who contract with the Federal Government provide adequate COVID-19 safeguards in workplaces with individuals working on or in connection with a Federal Government contract or contract-like instrument. The class deviation mandates all service contracts, including construction, above the S
DAEC Executive Summary on the NDAA for FY22 is available
Disclaimer: The views expressed in this paper do not constitute legal advice. They have been prepared by private citizens, and are not official views of any government agency. Official guidance regarding Reciprocal Defense Procurement Memoranda of Understanding is the responsibility of the U.S. Government. Readers may wish to consult their legal counsel for further analysis and insights. Paper available
This Hill letter was sent to the Members of the U.S. House of Representatives on the Fiscal Year 2022 National Defense Authorization Act (NDAA).
This is conducted under Chatham House Rule and not for attribution. Names and affiliations here are for the sake of context and for internal use only. Industrial Policy: An email will go out from industrial policy requesting info on your upcoming events. They are working with A&S to work on a request from the secretaries’ office to develop an industry engagement plan. They want to be aware of upcoming opportunities; we will share this email with you when we receive it.
The growth in space exploration and the private aerospace business opens up a host of economic possibilities, from new markets for businesses to job opportunities for people.