Connecting to Grow the Space Economy – an Informational Paper
On September 13, 2016, AIAA and Aviation Week Network convened the first Space Commercialization Executive Summit in Long Beach, California, where a group of key industry, government, and academic leaders were asked: how can we foster a viable and sustainable commercial space industry to extend economic activity to low Earth orbit and beyond?
The following key themes emerged in the recommendations presented by the Summit participants:
- Political, legal, and regulatory stability is key to business stability, and federal policy can provide guidance to concentrate efforts across all sectors.
- Government can take specific and immediate steps to encourage more favorable market conditions, including economic incentives.
- The government is a potential customer, but cannot be the sole customer.
- Leverage all available resources, including industry trade associations, in policymaking processes.
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