Panel 2: Economics and Business of Space
The business of space has become more democratic with declining costs of launch, but also more congested with more players and more objects in space that are today vital for communications, navigation, earth observation, and other functions. While previous efforts in space were driven by public financing, the new space economy is increasingly privatized, with private players increasingly involved in launch and the entire space ecosystem. How can the United States and India unlock the full potential of the space economy, while ensuring suitable governance and regulation?