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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 U.S. Commerce Secretary Wilbur L. Ross at the U.S. Chamber of Commerce Space Summit: Industry Taking Off

Speeches
Thank you, Caroline, for that kind introduction, and good afternoon, ladies and gentlemen. It’s great to be back at the Chamber of Commerce. You’ve had an exciting day of discussions. It’s an honor to follow to the podium NASA Administrator Bridenstine, Air Force Secretary Heather Wilson, and even Commerce’s own Dr. Neil Jacobs from NOAA. They will be key to the future of human activity and...

Remarks by U.S. Secretary of Commerce Wilbur L. Ross at the 2018 National Competitiveness Forum

Speeches
Thank you for inviting me to your Forum. Today’s discussion is extremely important to the future course of our country. Global industrial competitiveness continues to be one our greatest and most complex national challenges. Thank you, Sam Allen, for leading the Council on Competitiveness from your perch atop Deere & Co., one of our most iconic and innovative American companies. We all know that...

U.S. Secretary of Commerce Announces Minority Business Development Agency Grant Awards

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Minority Business Development Agency (MBDA) of the Department of Commerce awarded over $13 million to 35 projects in communities across the country. The grants, which are part of MBDA’s new Broad Agency Announcement initiative, reflect critical Department of Commerce priorities including space commerce, aquaculture, disaster relief,...

Spurring Innovation During National Entrepreneurship Month

Blog
By: Karen Dunn Kelley American ingenuity has powered our nation through advances in technologies such as integrated circuits, personal computers, and the Internet. Through recessions and economic booms, innovation has remained the hallmark of the U.S. economy. Americans have consistently invented revolutionary new technologies and, in the process, created immense global industries. If the United...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Aerospace Industries Association Board of Governors Meeting

Speeches
Good morning, and thank you for the warm introduction. Today is an exciting time for aerospace industries in America. The economy is strong. Tax cuts and deregulation are maximizing business opportunities and creating jobs. And domestic manufacturing is growing at an unprecedented rate. Over the last year, U.S. manufacturing added well over 300,000 jobs, the most since 1995. Under the Trump...

Space Policy Directive 3 Brings Space Traffic Coordination to Commerce

Press releases
Today, U.S Secretary of Commerce Wilbur Ross praised President Donald J. Trump’s signing of Space Policy Directive 3 (SPD-3), America’s first National Space Traffic Management Policy. The policy acknowledges the rapidly increasing volume and diversity of commercial space activity and announces that the Department of Commerce should be the new civil agency interface for space traffic management...

Remarks by Secretary Wilbur L. Ross at the NTIA Spectrum Policy Symposium

Speeches
Introduced by David Redl, Department of Commerce Assistant Secretary for Communications and Information, and Administrator of the National Telecommunications and Information Administration. Thank you, David, for your kind introduction. Thanks to all of you for attending this first Spectrum Policy Symposium. And thank you, panelists and speakers, for your commitment to advancing our high-tech...

Thanks to Innovation and Investment, the U.S. Aerospace Industry is Boldly Going to New Frontiers

Blog
Guest blog post by Brian Lenihan , Acting Executive Director of SelectUSA On February 20, Vice President Mike Pence led the second meeting of the National Space Council at the Kennedy Space Center in Florida. Vice President Pence reiterated the Trump Administration’s dedication to making the United States the global leader in the burgeoning commercial space industry. “It's here today, in the 21st...

Op-Ed: That Moon Colony Will Be a Reality Sooner Than You Think

Op-eds
The first man on the moon held an American flag. In the not-too-distant future, astronauts on the moon may be holding fuel pumps. The future for American commercial space activity is bright. Space entrepreneurs are already planning travel to Mars, and they are looking to the moon as the perfect location for a way station to refuel and restock Mars-bound rockets. As much as this sounds like the...

Secretary Ross Praises President Trump’s Signing of Space Policy Directive – 2

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross praised President Trump’s signing of Space Policy Directive – 2 (SPD-2), which directs the Department of Commerce and other agencies to implement reforms of the U.S. commercial space regulatory framework that will unshackle private space industry. The President’s approval brings into force several recommendations made by the National Space Council in...