By December 3, 2019 Read More →

Is the regulatory framework supporting industry growth?

The UK space industry is going through huge change, with CubeSats, constellations, in-orbit servicing, EO policy and launching from the UK. All of these present challenges to regulators and to those who are being regulated.

There is also the increasing realisation of the economic value that the space industry brings, and there is an increasingly competitive international environment. The regulatory landscape is an important element in an operator’s planning process. In the last year, Finland, Portugal and Denmark have all drafted regulations, and Hungary, Estonia, Germany and Greece are all developing regulations.

The UK has succeeded in getting first mover advantage over many challenger nations so far but other countries are catching up fast. Other nations are developing policy and regulatory frameworks and designing them to be as competitively attractive as possible.

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