New Space – Legal and Economic Problems and Security Issues
Abstract
There is no one definition of the term “New Space”. The term is commonly used by those involved in construction spacecraft, as well as in the creation of space law. This term may mean the evolutionary process since the era of commercialization and privatization, which was characterized by government contracts (where the government acted as tenant and purchaser of the equipment) until the commercial era, where the government and private companies purchase services from the private sector. The era of New Space as a new model of activities in space poses new challenges for: governments, new space market actors as well as lawmakers. Permanent commercialization needs to adapt existing legislation to meet current needs and challenges. There is a need for common understanding freedom of access to space and the need for its global development in the New Space era. The economic and security challenges presented in the work in space activity in New Space and related to with them, the limitations and problems show how important peaceful cooperation between states is.
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