Space-based governance

The space race in the private sector is allowing for the industry to mature beyond just a few key players. This is contributing to the emergence of new issues related to managing an increasingly crowded low-Earth orbit and regulating Earth-based launch operations. As competition has grown for the emerging "space economy," calls are increasing for governments and private industries to further develop and formalize the rules ofspace-based governance. By establishing global rules and standards governing operations in space and on the ground, potential disputes could be more easily resolved, and access to space could be preserved for common and collective use by humanity.