The Space Act, which would apply to local and foreign companies, aims to simplify procedures, protect assets in orbit, level the playing field, and help European companies expand into new markets.
While the promises and goals sound good, the Safetly/Resilience/Sustainability requirements that they mention will only mean more paperwork and regulation. I don’t say they’re bad, just that it will make things harder for anybody working in the industry. We’ll see in the long run if it’s just political promises or actual improvements
SaltyRemainer on
This is pathetic.
Europe is falling behind in space and, just as usual, the bureaucrats think that the solution is more of their crap.
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The Space Act, which would apply to local and foreign companies, aims to simplify procedures, protect assets in orbit, level the playing field, and help European companies expand into new markets.
Read the full article: [https://www.wired.com/story/europe-prepares-for-the-space-race-with-a-new-legal-and-financial-framework/](https://www.wired.com/story/europe-prepares-for-the-space-race-with-a-new-legal-and-financial-framework/)
While the promises and goals sound good, the Safetly/Resilience/Sustainability requirements that they mention will only mean more paperwork and regulation. I don’t say they’re bad, just that it will make things harder for anybody working in the industry. We’ll see in the long run if it’s just political promises or actual improvements
This is pathetic.
Europe is falling behind in space and, just as usual, the bureaucrats think that the solution is more of their crap.