Commercial spaceflight offers significant benefits to society, the economy, and national security. Financial experts project that the global space economy could significantly grow over the next few decades. However, spaceflight is also a risk-prone and capital-intensive endeavor. In fact, as Congress pointed out in the Commercial Space Launch Amendments Act of 2004, “Space transportation is inherently risky.” That assessment is certainly reflected in the historical human spaceflight safety record. This paper explores ways to address the issues associated with the rise of commercial human spaceflight.
The Center for Space Policy and Strategy provides nonpartisan research and strategic analysis to decisionmakers in the space enterprise.