Space Law and the Galactic Economy

Space Law and the Galactic Economy
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Article by Abdulla Abu Wasel June 8, 2020 (entrepreneur.com) • Fifty years ago, outer space was reserved for the most powerful of nations and the most dominant of governments. Today, it is private commercial industry that is inching us closer to the cosmos. There is a growing interdependence between what is happening in space and what is happening down below on Earth. The commercial space industry, with its multi-million-dollar rockets and satellites, is now worth about $400 billion. Space commerce is increasingly playing a part in our everyday lives. • The International Civil Aviation Organization governs ‘air’ altitudes. So […]

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