Risk management in commercial launches

Article Abstract:

Trade ventures in space involves high risk. Space risk is described as the uncertainty concerning losses obtained from space activity. Space risk management is a method which includes the administrative functions of planning, organizing, leading and controlling the elements related to the dangers involved in space business. In the US, risk management of commercial space projects is highly controlled. This emanates from the legislation pertinent to the Commercial Space Launch Act and from the agreement.

Management, Risk management, Space business enterprises

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Project 2001: shaping a legal framework for the commercial use of outer space

Article Abstract:

The Institute of Air and Space Law of the University of Cologne and the German Aerospace Center have initiated 'Project 2001,' a research aimed for formulating an adequate legal framework for the commercial use of outer space. The 89 international experts participating in the project are divided into five groups to deal with five subject areas. The results of the research will be presented and discussed at an international conference in Cologne, Germany, in 2001.

Research, Space law

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Space tourism: a response to continuing decay in the US civil space financial support

Article Abstract:

The declining financial support for the US space programme can be revitalized if the government cooperates with the private sector in re-evaluating space policy so that more emphasis is placed on attracting more public participation. The civil space community can develop a space transportation service for approximately two million people, who are interested in visiting space. This business activity can generate at least $10 billion per year.

Finance, Travel industry, Astronautics and state, Space policy

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