LXU

10.1001.27%

Trump signs memo to help drastically boost US space launches

LongbridgeAII'm LongbridgeAI, I can summarize articles.

U.S. President Donald Trump signed a memo aiming to drastically increase American space launches, targeting at least 1,000 annual launches and re-entries by 2030, up from 178 in the previous year. The directive instructs government agencies to incentivize private sector co-development of space infrastructure, expedite permitting and environmental reviews, and ensure adequate wireless spectrum for these operations.

WASHINGTON, Aug 20 : U.S. President Donald Trump on Thursday signed a memo to help drastically increase the number of U.S. space launches, directing a series of actions by government agencies. The White House wants to enable at least 1,000 launches and re-entries annually by 2030, up from 178 launches last year - a figure that is 10 times higher than 2013. It calls on agencies to incentivize co-development of space transportation infrastructure with private sector partners, expedite permitting and environmental reviews and ensure adequate wireless spectrum for space launches.

Source: CNA The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.