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Civil Law

Brooklyn Law School

Brooklyn Journal of Corporate, Financial & Commercial Law

2020

Outer space; Treaty on Principles Governing the Activites of States in the Exploration and Use of Outer Space; aerospace; commercial space sector; developing technology; regulation; National Aeronautics and Space Administration; NASA; Apollo 11; SpaceX; Elon Musk; Soviet Union; Blue Origin; appropriation; regulation; liability; legal claim; tort; international; jurisdiction; Congress; business; Convention on International Libability for Damage Caused by Space Objects; debris; Commercial Space Launch Act; Department of Transportation; DOT; Commercial Space Launch Competitiveness Act; Donald Trump; Department of Commerce; DOC; Deep Seabed Hard Mineral Act; DSHMRA; deep sea mining; mining; international waters; property; United Nations Convention on Limitation of Liability for Maritime Claims; maritime;

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The Revolution Of The Commercial Space Industry: Why Current Laws Must Be Replaced Before American Business Expands To The Moon And Beyond, Drew M. Fryhoff Dec 2020

The Revolution Of The Commercial Space Industry: Why Current Laws Must Be Replaced Before American Business Expands To The Moon And Beyond, Drew M. Fryhoff

Brooklyn Journal of Corporate, Financial & Commercial Law

Space, the final frontier. Resting at the rim of the Earth, an endless void full of opportunity awaits those who are willing to take a leap of faith. Historically, only national space programs have been capable of orchestrating expeditions to outer space. However, American aerospace companies now rival governmental entities in their abilities to operate beyond the Earth’s atmosphere. State-of-the-art developments in aerospace technology have positioned the American commercial space sector to become more productive than national space programs in the years to come. Unfortunately, the potential of the American commercial space sector is severely hindered under the Treaty on …