1. Reagan's Free-Market Moon Shot.
- Author
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Zitelmann, Rainer
- Subjects
- *
RED tape , *SPACE flight - Abstract
Ronald Reagan's 1984 speech predicted a future for private space travel, recognizing that the state was too slow to overcome the challenges of space exploration. He promised to remove obstacles to private-sector space activities and signed the Commercial Space Launch Act in October of that year, enabling private enterprises to commercialize space and space technology. In recent decades, the space industry has seen a shift towards more private companies dominating space travel, with thousands of private companies in the global space sector. The future of the space economy lies in the free enterprise system, and private companies are likely to be the first to send people to Mars. [Extracted from the article]
- Published
- 2024