Budget, Policy & Regulation
The space industry is governed by a complex web of space policies and regulations that shape its trajectory. Governments allocate substantial space budgets to fund ambitious space exploration missions, satellite programs, and cutting-edge research initiatives. These space funding mechanisms are critical drivers of innovation and technological advancements in the sector. Space laws and international treaties provide a legal framework for conducting activities in that domain responsibly and sustainably. These space regulations cover areas such as orbital debris mitigation, peaceful use of outer space, and equitable access to space resources. These space governance efforts are aimed at fostering a safe, secure, and collaborative space environment.