Click For Photo: https://techcrunch.com/wp-content/uploads/2018/01/spacexcrs11-launch.jpg?w=606
On Tuesday, the FAA and Department of Transportation published a proposal that greases the wheels for the commercial space industry, long bound by outdated regulations that were not created with a modern vision of private spaceflight in mind.
Last May, the Trump administration signaled its intention to ease commercial spaceflight regulations with Space Policy Directive 2. That directive called on Transportation Secretary Elaine Chao to “release a new regulatory system for managing launch and re-entry activity.” That system, released in draft form today seeks to pave the way for an “industry that is undergoing incredible transformation with regulations that have failed to keep up.”
Year - Turnaround - Time - FAA - DOT
With less than a year of turnaround time, the FAA and DOT produced a document detailing “Streamlined Launch and Reentry Licensing Requirements” that will govern commercial space activity. As the document states:
“This rulemaking would streamline and increase flexibility in the FAA’s commercial space launch...
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