Need for new governance for busy outer space
Private companies are becoming space actors. SpaceX, Blue Origin, Virgin Galactic, and Virgin Galactic are some of the most famous. There are also hundreds of smaller players who prepare or launch small and nano satellites into space.
The new “space race” creates new problems.
First, outer space is becoming more crowded and there are more realistic chances of collisions between satellites.
Second, the existing international rules regarding outer space may not suffice to regulate new realities when states are replaced with private companies.
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