Commercial Space Launch Competitiveness Act of 2015
Allows US industries to exploit space resources / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Commercial Space Launch Competitiveness Act of 2015?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
"SPACE Act" redirects here. For the legislation creating NASA, see National Aeronautics and Space Act.
The Commercial Space Launch Competitiveness Act, sometimes referred to as the Spurring Private Aerospace Competitiveness and Entrepreneurship (SPACE) Act of 2015,[2] is an update of the United States Government of its commercial space use, legislated in 2015. The update to US law explicitly allows US citizens and industries to "engage in the commercial exploration and exploitation of space resources" including water and minerals. The right does not extend to extraterrestrial life, so anything that is alive may not be exploited commercially.[3]
Quick Facts Other short titles, Long title ...
Other short titles | Space Resource Exploration and Utilization Act of 2015, Spurring Private Aerospace Competitiveness and Entrepreneurship Act of 2015 |
---|---|
Long title | To facilitate a pro-growth environment for the developing commercial space industry by encouraging private sector investment and creating more stable and predictable regulatory conditions, and for other purposes |
Nicknames | SPACE Act of 2015 |
Enacted by | the 114th United States Congress |
Effective | 25 November 2015 |
Citations | |
Public law | Pub. L.Tooltip Public Law (United States) 114–90 (text) (PDF) |
Legislative history | |
|
Close