Space commerce

The scientific discoveries resulting from space exploration have created new industries and technologies that improve our lives, our economy, and our national security. Technological advancement of commercial space activities has created profitable opportunities. However, current government regulations are an impediment to the commercial space sector. We will advocate for the industry to ensure the United States remains the leader in space commerce.

Related Content

Remarks by Commerce Secretary Wilbur L. Ross at the Grand Opening of the Astrobotic Technology, Inc HQ's in Pittsburgh, Pennsylvania

Introduced by John Thornton, CEO, Astrobotic Thank you, John, for that kind introduction, and for welcoming me to your impressive new facility. A special thanks also to Congressman Lamb, County Executive Fitzgerald, and Mayor Peduto who are joining us today. I am pleased to be here with all of you at the Grand Opening of Astrobotic. Congratulations! It is great to be in Pittsburgh. I am usually in...

Remarks by Commerce Secretary Wilbur L. Ross at NTIA’s 2020 Spectrum Policy Symposium: Spectrum Sharing for the Next Decade

Thank you, Charles, for that kind introduction and for your leadership with the NTIA team organizing the third Spectrum Policy Symposium. And a warm welcome to everyone joining us virtually today. My thanks also to Dr. Kelvin K. Droegemeier, Director of the White House Office of Science and Technology Policy, and Acting Assistant Secretary of Commerce for Communications and Information Adam...

Commerce Applauds NAPA Study Reaffirming the Department as the Lead Agency for Space Traffic Management

Press releases
Today, the National Academy of Public Administration (NAPA) released their Congressionally directed study, “Space Traffic Management: Assessment of the Feasibility, Expected Effectiveness, and Funding Implications of a Transfer of Space Traffic Management Functions.” The findings reaffirm that the Office of Space Commerce at the Department of Commerce is the best suited civil agency to perform...

Commerce This Week: August 6


Did you miss key news from Commerce this week? Each week, we recap the latest U.S. Department of Commerce highlights spanning a wide range of issues promoting job creation and economic growth, programs, and events in one blog post.

Here are the key moments from Commerce: This Week

Remarks by Commerce Secretary Wilbur Ross at the Virtual Meeting of the 27th Advisory Committee on Commercial Remote Sensing

Thank you to all the members of ACCRES for volunteering your valuable time to this public service. Your expertise and guidance at this important juncture in the commercial space industry will drive future prosperity and wellbeing of all Americans. It sounds like the discussions you have had during the first two days have been extremely productive. Thank you, also, to the commitment of the esteemed...

Remarks by Commerce Secretary Wilbur Ross at the Seventh Meeting of the National Space Council

Thank you, Vice President Pence, for the opportunity to update the National Space Council on the work being done at the Department of Commerce to implement Space Policy Directives Two and Three. I am pleased to report that after innumerable discussions with industry and government agencies, a new remote sensing rule has been finalized and has been published this morning on the Federal Register...

Commerce Department Releases New Regulations to Support U.S. Leadership in Commercial Satellite Remote Sensing Industry

Press releases
Today, the U.S. Department of Commerce released new regulations to improve the licensing process for private U.S. satellite remote sensing operations, helping ensure continued U.S. leadership in a critical commercial space industry. The new final rules increase openness and transparency in the licensing process, will eliminate most restrictions on how licensed remote sensing systems may be...

Opening Statement by Secretary Wilbur L. Ross in Support of the Department of Commerce’s Fiscal Year 2021 Budget Request

Chairman Moran, Ranking Member Shaheen, and members of the Senate Appropriations Subcommittee, thank you for this opportunity to discuss President Trump’s Fiscal Year 2021 Budget Request for the U.S. Department of Commerce. It is a privilege to appear before you today. We are committed to working with you to grow the U.S. economy, defend our industries from unfair foreign competition, and protect...

Remarks by Secretary of Commerce Wilbur Ross at A New Space Race: Getting to the Trillion-Dollar Space Economy World Economic Forum, Davos, Switzerland

Good afternoon, welcome, and thank you all for being here to discuss the future of space and its immense economic potential. You may not know that artificial limbs, Velcro, solar cells, and water filtration were created in the first age of space exploration. Now, we have an opportunity to continue and even accelerate those benefits. The global economy is increasingly tied to services provided from...