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Trump wants to clean up the space industry’s red tape: Here’s who wins
A new Executive Order takes aim at the bureaucracy that the White House says is holding back American competitiveness in space.
“Inefficient permitting processes discourage investment and innovation, limiting the ability of U.S. companies to lead in global space markets,” he stated in an Executive Order signed August 13. It also instructs the Federal Aviation Administration, which is housed under the DOT, to eliminate or accelerate environmental reviews, ease the path to building new spaceports, and to appoint a “senior executive” charged with fostering “innovation and deregulation.” The Commerce Department also has been ordered to stand up a new process for authorizing “novel space activities,” like in-space manufacturing or satellite refueling, that don’t fit neatly into existing licensing regimes.
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