“The challenges within the commercial space market are often perceived as technical. And while it is indeed a technical challenge, for example, to land and re-use a rocket booster, or to understand how to perform 3D printing and additive manufacturing in space, the more intractable hurdles may well be economic, financial, regulatory, political, and cultural. In this excellent compilation of writing from experts in the global space sector’s legal and regulatory community, Dr. Lesley Jane Smith and co-editors have assembled a ‘must-read’ for practitioners and scholars alike. The frameworks of Apollo and other large, monolithic, government-driven space programs have given way to a new, multi-variate, and extremely dynamic private-sector, that is moving faster than many of the legal and policy frameworks can adapt. Consequently, this timely compendium from the world’s best thinkers on where the market is headed, challenges that we all face, and regulatory frameworks that must be navigated, is an essential read for our entire community.”John M. Horack, PhD, Professor and Neil Armstrong Chair in Aerospace Policy, The Ohio State University“The economic growth of emerging ecosystems relies wholly on a legal framework that protects the interests of investors, operators and nation states. Without innovative legal frameworks such as those outlined in this book by thought-leading legal scholars in this space, the private space sector would have no basis for growth. This Handbook is essential reading and reference for those executives, policy makers and investors who wish to venture into the growing opportunity of the space sector with clarity on where and how they are best able to contribute to and unlock success in this exciting field.”Prof. Sinead O’Sullivan, Institute for Strategy and Competitiveness, Harvard Business School“Given the rapid growth of the global space economy with projections of a trillion-dollar space economy by the year 2040, The Handbook on Commercial Space Law – Legal Practice(s) for New Space is an extremely timely publication that is certain to become an invaluable reference tool for many years to come to commercial practitioners, policymakers and academics addressing the market changes brought about by NewSpace. In a series of well-structured chapters written by a global cross-section of space specialists, Lesley Jane Smith, Ingo Baumann and Susan-Gale Wintermuth have collected a strong set of contributions that highlight, in a comparative fashion: the main legal challenges posed by NewSpace, how different countries are adapting their national regulatory frameworks, as well as adopting different approaches to foster innovation and support NewSpace.”Lucy Stojak, Chair, Canadian Space Council Directrice exécutive, Mosaic - Pôle créativité et innovation, Montréal (Québec)“The Space economy is entering the Industrial Revolution phase of its rapid development, with both private and public sector investment and satellite launches going exponential, as are the uses for space tech in putting industries such as data centres in space, sourcing solar power from space and observing the earth in new ways. I also believe firmly that a planet of 10 billion people will never achieve net zero without space industrialisation. That is why this book is so timely and useful. As Chair of the world’s first publicly quoted investment trust for space tech I want answers to lots of questions on global commercial space law and here they are. We are in an age of rapid change with consequent instability and in that context the rule of law and its rapid adaptation to technological change is crucial, so I intend to keep my copy of The Routledge Handbook on Commercial Space Law close by.”Will Whitehorn, Chancellor of Napier University, Edinburgh, Former Virgin Galactic, Chair, Seraphim Venture Capital Trust, FRAeS FCILT FMS, Chair, Seraphim Space Investment Trust PLC, Member, UK Space Agency Space Exploration Advisory Committee“This Handbook covers all relevant issues and trends in today’s revolutionary transition from traditional space governance to commercial and privatised NewSpace. The impressive team of editors and contributors provides outstanding insight and guidance for navigating in this new universe of space becoming indispensable for our economies and societies on national levels as well as on a global scale.”Dr. Kai-Uwe Schrogl, President, International Institute of Space Law (IISL), Head of strategy, European Space Agency, Paris“As the space economy gallops ahead with private sector participation extending the earlier generation national space programs, the regulatory landscape that was aligned with the earlier sector construct, starts getting outdated and the need for the regulations to keep pace with the technological and economic developments seems both urgent and important. The value, that this development of private sector participation brings, is demonstrated both with respect to technology disruption and socio-economic impact. The players themselves are rearing to be on the tracks, however as the space activities are unbound by geographical boundaries, the treatment in terms of permissions, issues of commerce, patents, liabilities and rights, social responsibility etc take on a meaning that is not facilitated by the existing national and international construct of laws. This book is more of treatise on this subject and carefully highlights issues and the attempts by some nations to address these. Not all of these are optimal in a fast developing and expanding sector and each new attempt needs to build on the success and concerns that these attempts raise. Equally important is the fact that the private sector needs to be facilitated by these attempts, and have a significant role in not just the outcomes of these deliberations, but also play a constructive role in these developing regulatory landscape. In this direction the book, while being a comprehensive asset to the policy makers is also a significant input for the private sector players themselves to understand the developing regulatory ecosystem, under which they need to survive and thrive.I thank the various experts for sharing the knowledge that stems from their deep engagement in understanding and steering the international deliberations, especially Dr. Ranjana Kaul who helps us see the situation from the India lens. I also thank the Lesley Jane Smith, Ingo Baumann and Susan-Gale Wintermuth for bringing out this compendium of thoughts from all the internationals experts.”Dr. Subba Rao Pavuluri, President, Satcom Industry Association (SIA -India) and CMD Ananth Technologies Ltd“60 years ago, President John F Kennedy addressed Rice University (Texas) on the moon-shot programme. And during that historical speech he determined that ‘The greater our knowledge increases, the greater our ignorance unfolds’. The Editor and Authors of this vanguard Routledge Handbook have delivered a timely compendium of lessons learnt, knowledge gained and the critical challenges and opportunities around the future. And it is genuinely global in perspective yet precise in detail and understanding. It is entirely relevant. The document’s unquestionable strength is the spectrum of contributors and the intelligent fusing of the value that they each add, building knowledge and addressing ignorance. Space today, and as it was 60 years ago, is really hard. But because of the thoughtful, consolidated and extensive approach taken during the compilation of this Handbook, the space practitioner has a comprehensive handrail to the present and the future on which they can confidently rely.”James CMcG Johnston, OBE BSc MIoD FCMI, Director, Transcend Change Limited (commercial and secure government satellite consultant, ex RAF)“Space today offers one of cutting edge and fast-growing opportunity for taking technology into new business. In comparison to well established business areas, such as IT or transport law, the newcomers’ investors in space enterprises might be confused in discovering incomplete legal frameworks depending on where they are based, an apparent maze of regulatory conditions to become applicable, the dispersed availability of proven legal expertise in each jurisdiction. The representatives of the legal community who have undertaken this work are showing how to transition such impressions from complex or frustrating to reassuring and attractive. For both State actors and entrepreneurs, this volume tries to provide a mapping and to illustrate the legal landscape that space investors and operators will find, so to help an understanding of the challenges and opportunities offered by the space business. In this respect this publication is a useful example of how to foster the progressive and beneficial growth of laws and regulations, so to be experienced and leveraged by all kind of space actors and their endeavours. We wish to this collective work a long-term success of followers and so to continue developing our legal practice and business knowledge for using space.”Marco Ferrazzani, Senior Legal Counsel, European Space Agency (ESA)“This innovative book belongs on the shelf of any commercial space lawyer and those seeking to enter this exciting field. This well-researched treatise delves into major new developments in commercial space law such as in-orbit servicing, large constellations, artificial intelligence, big data, private spaceflight, and space resource exploitation. I believe all commercial space lawyers will benefit from the authors’ insight as we draft and review agreements for the novel space activities before us and on the horizon. I certainly will be consulting this book as I wrestle with the challenges of first-of-their-kind commercial space agreements and their national and international implications.”Milton “Skip” Smith, Chair, Aerospace Practice Group, Sherman & Howard, Denver, CO, legal Counsel to the private Dragon Crew
