COLORADO SPRINGS, Colo. — Commerce Secretary Wilbur Ross today pledged to make outer space more business-friendly as part of his drive to turn his department into the “one-stop shop for space commerce.”
During his speech to the 34th Space Symposium here, he pointed to last month’s early cutoff of video from a SpaceX Falcon 9 rocket launch as an issue he’s addressing.
“This is a perfect example of how commercial activity in space is outpacing government regulation,” he said. “No more.”
Ross said giving the space industry freer rein will become more important as commercial space ventures proliferate. Commercial space is on track to become a trillion-dollar industry “sooner than most people realize,” he said.