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Space commerce

The scientific discoveries resulting from space exploration have created new industries and technologies that improve our lives, our economy, and our national security. Technological advancement of commercial space activities has created profitable opportunities. However, current government regulations are an impediment to the commercial space sector. We will advocate for the industry to ensure the United States remains the leader in space commerce.

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Commercial space
National Space Council
Satellites
Spectrum management

Related Content

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the National Space Council in Huntsville, Alabama

Speeches
Vice President Pence and fellow members of the National Space Council, thank you for the opportunity to update you on the Commerce Department’s activities following Space Policy Directives 2 and 3. At the Commerce Department, we see a wave of innovation occurring in all areas of space commerce, from remote sensing, to high-speed communications, navigation, weather forecasting, satellite servicing...
Space commerce
Commercial space

U.S. Department of Commerce Releases Report on Driving Space Commerce Through Effective Spectrum Policy

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross sent a report to President Donald J. Trump detailing thirteen recommendations that will improve the global competitiveness of the American space sector through updated domestic and international spectrum policies. This report was developed collaboratively with the White House Office of Science and Technology Policy, the National Space Council, the...
Space commerce
Commercial space

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Risk and Opportunity Space Summit Opening

Speeches
Thank you, Kevin, for that kind introduction. Good morning everyone, and welcome to the U.S. Department of Commerce. We appreciate your being here for the second in a series of summits we are hosting as we seek to build the space industry from its current level of $400 billion, to a trillion dollars. The first event last December focused on new opportunities for financial investment in the space...
Space commerce
Aerospace
Satellites

Op-Ed by Commerce Secretary Wilbur L. Ross: Launching Toward a $1 Trillion Space Economy

Op-eds
Nearly 60 years ago, a lone American was launched into the great unknown of space — John Glenn had been sent on an orbital mission spanning thousands of miles, skimming the Earth’s atmosphere. Today, America’s leadership in space continues unabated. But it looks quite different. After the Space Shuttle program concluded in 2011, it appeared that Florida’s Space Coast would turn into a “Ghost Coast...
Space commerce
Commercial space

Remarks by Commerce Secretary Wilbur L. Ross at the Department of Commerce Space Investment Summit

Speeches
(Introduced by James Uthmeier, Senior Advisor, Office of Policy and Strategic Planning, U.S. Department of Commerce) Thank you, James, for that kind introduction, and welcome everyone to the U.S. Department of Commerce for our first-ever Space Investment Summit. Thank you to the speakers for being here, and for those of you from government, industry, academia, and elsewhere for taking the time out...
Space commerce

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the U.S. Chamber of Commerce Space Summit: Industry Taking Off

Speeches
Thank you, Caroline, for that kind introduction, and good afternoon, ladies and gentlemen. It’s great to be back at the Chamber of Commerce. You’ve had an exciting day of discussions. It’s an honor to follow to the podium NASA Administrator Bridenstine, Air Force Secretary Heather Wilson, and even Commerce’s own Dr. Neil Jacobs from NOAA. They will be key to the future of human activity and...
Space commerce
Aerospace

Remarks by U.S. Secretary of Commerce Wilbur L. Ross at the 2018 National Competitiveness Forum

Speeches
Thank you for inviting me to your Forum. Today’s discussion is extremely important to the future course of our country. Global industrial competitiveness continues to be one our greatest and most complex national challenges. Thank you, Sam Allen, for leading the Council on Competitiveness from your perch atop Deere & Co., one of our most iconic and innovative American companies. We all know that...
Export and investment promotion
Intellectual property
Space commerce

U.S. Secretary of Commerce Announces Minority Business Development Agency Grant Awards

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced that the Minority Business Development Agency (MBDA) of the Department of Commerce awarded over $13 million to 35 projects in communities across the country. The grants, which are part of MBDA’s new Broad Agency Announcement initiative, reflect critical Department of Commerce priorities including space commerce, aquaculture, disaster relief...
Minority business growth
Space commerce

Spurring Innovation During National Entrepreneurship Month

Blog
Thumbnail
By: Karen Dunn Kelley American ingenuity has powered our nation through advances in technologies such as integrated circuits, personal computers, and the Internet. Through recessions and economic booms, innovation has remained the hallmark of the U.S. economy. Americans have consistently invented revolutionary new technologies and, in the process, created immense global industries. If the United...
Intellectual property
Space commerce
Weather and satellites

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the Aerospace Industries Association Board of Governors Meeting

Speeches
Good morning, and thank you for the warm introduction. Today is an exciting time for aerospace industries in America. The economy is strong. Tax cuts and deregulation are maximizing business opportunities and creating jobs. And domestic manufacturing is growing at an unprecedented rate. Over the last year, U.S. manufacturing added well over 300,000 jobs, the most since 1995. Under the Trump...
Space commerce
Aerospace