Commercial space companies say cut red tape or U.S. will lose its lead in spaceflight

The three companies who have flown people to space and back, Blue Origin, SpaceX and Virgin Galactic, joined two experts at a Congressional hearing to press for regulatory improvements, warning the U.S. risks losing its lead in spaceflight. The 1.5-hour-long hearing before the U.S. Senate Subcommittee on Space and Science was mainly focused on a regulatory framework called “Part 450,” which was designed to help streamline the process of issuing launch licenses under the Federal Aviation Administration (FAA) Office of Commercial Space Transportation, which goes by the acronym AST. More

(Source: SpaceFlight Now - Oct 20)