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 Advisory Committee on Commercial Remote Sensing

Introduced by Dr. Steve Volz, NOAA Assistant Secretary for Satellite and Information Services. Thank you, Steve, for that kind introduction. And thank you, everyone, for your commitment to serving on our Advisory Committee on Commercial Remote Sensing. It’s always a pleasure to be with our nation’s top space leaders. Yours is one of the fastest moving segments of space commerce. I know that your...

United States and Luxembourg Sign Memorandum on Space Co-Operation

Press releases
LUXEMBOURG – The Grand Duchy of Luxembourg and the United States of America today signed a memorandum of understanding (MoU) that will serve to catalyze and significantly deepen cooperation between the two countries in the field of space. Étienne Schneider, Luxembourg’s Deputy Prime Minister and Minister of the Economy, signed the MoU for the Grand Duchy. Wilbur Ross, U.S. Secretary of Commerce,...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at 35th National Space Symposium

Good morning, and thank you, Tom, for that kind introduction. It is an honor to share the stage with so many luminaries of the U.S. space industry, and especially with Acting Secretary of Defense Shanahan. Thank you for those remarks. Our being here is a clear demonstration of the focus the Trump Administration places on one of our nation’s most prominent and important industries. The individuals,...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the National Space Council in Huntsville, Alabama

Vice President Pence and fellow members of the National Space Council, thank you for the opportunity to update you on the Commerce Department’s activities following Space Policy Directives 2 and 3. At the Commerce Department, we see a wave of innovation occurring in all areas of space commerce, from remote sensing, to high-speed communications, navigation, weather forecasting, satellite servicing,...

U.S. Department of Commerce Releases Report on Driving Space Commerce Through Effective Spectrum Policy

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross sent a report to President Donald J. Trump detailing thirteen recommendations that will improve the global competitiveness of the American space sector through updated domestic and international spectrum policies. This report was developed collaboratively with the White House Office of Science and Technology Policy, the National Space Council, the...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Risk and Opportunity Space Summit Opening

Thank you, Kevin, for that kind introduction. Good morning everyone, and welcome to the U.S. Department of Commerce. We appreciate your being here for the second in a series of summits we are hosting as we seek to build the space industry from its current level of $400 billion, to a trillion dollars. The first event last December focused on new opportunities for financial investment in the space...

Op-Ed by Commerce Secretary Wilbur L. Ross: Launching Toward a $1 Trillion Space Economy

Nearly 60 years ago, a lone American was launched into the great unknown of space — John Glenn had been sent on an orbital mission spanning thousands of miles, skimming the Earth’s atmosphere. Today, America’s leadership in space continues unabated. But it looks quite different. After the Space Shuttle program concluded in 2011, it appeared that Florida’s Space Coast would turn into a “Ghost Coast...

Remarks by Commerce Secretary Wilbur L. Ross at the Department of Commerce Space Investment Summit

(Introduced by James Uthmeier, Senior Advisor, Office of Policy and Strategic Planning, U.S. Department of Commerce) Thank you, James, for that kind introduction, and welcome everyone to the U.S. Department of Commerce for our first-ever Space Investment Summit. Thank you to the speakers for being here, and for those of you from government, industry, academia, and elsewhere for taking the time out...

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

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

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...