- within Transport topic(s)
- within Wealth Management topic(s)
Another week, another reminder that space and defense come with sky‑high costs. Congress is pushing back on a proposed 23% cut to NASA’s budget with a $24.4 billion plan, while the Trump administration has requested congressional approval for a $1.5 trillion defense budget. Meanwhile, the Congressional Budget Office estimates the Golden Dome missile defense initiative could carry a $1.2 trillion price tag over the next two decades.
Across the globe, the space race continues to heat up. The U.S. and China are increasingly competing over space-related projects in Argentina and Chile. At the same time, the U.S. and six allies are developing a joint concept of operations to better defend space assets, while the European Space Agency is advancing its reusable “Space Rider” orbital vehicle, capable of months-long missions and return-to-Earth payloads.
All this and more in this edition of Akin’s Space Law, Regulation and Policy Update.
Attachments
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
[View Source]
