financetom
Business
financetom
/
Business
/
US FAA moves to streamline key commercial space launch hurdle
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US FAA moves to streamline key commercial space launch hurdle
Dec 13, 2024 1:33 PM

WASHINGTON (Reuters) - The Federal Aviation Administration said Friday it was moving to streamline a key commercial space launch and reentry license hurdle, declaring some flight safety analyses in California, Florida, and Virginia satisfy requirements.

The FAA noted the commercial space industry often cites meeting flight safety analysis requirements as a challenge before launches. The FAA said the change reduces the amount of material applicants must submit, and improves FAA technical review efficiency. Companies like SpaceX have complained about delays getting FAA launch licenses.

"This is a force multiplier in the production of quality flight safety analyses the FAA can readily accept," said Associate Administrator for Commercial Space Transportation Kelvin Coleman.

On Thursday, FAA Administrator Mike Whitaker said he would step down when President-elect Donald Trump takes office next month.

SpaceX CEO Elon Musk, a close adviser to Trump, in September called for Whitaker's resignation and harshly criticized the FAA's decision to impose a $633,000 fine on SpaceX after the agency said the company violated launch license requirements.

In recent months, the FAA has taken other steps to speed launch approvals.

On Oct. 12, the FAA approved a license for the launch of SpaceX's Starship 5 after earlier saying it did not expect to make a decision until late November.

Also that month, the FAA quickly approved the return to flight of the SpaceX Falcon 9 vehicle after it accepted the SpaceX-led investigation findings and corrective actions for a Sept. 28 mishap.

In late October, Senator Jerry Moran urged the FAA to speed license reviews for private rocket launches, saying its agency's commercial space office "must rapidly improve its transparency, accountability, and pace of execution" in approving rocket launch licenses.

The FAA Office of Commercial Space Transportation, which regulates private rocket launches to ensure they do not impact the public's safety, has long argued for more funding to grow its licensing team.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SECURITIES CLASS ACTION NOTICE: Girard Sharp Law Firm Encourages Current and Former 3M Company Shareholders Who Received Neogen Corporation Shares in Connection With Neogen Corporation’s Acquisition o
SECURITIES CLASS ACTION NOTICE: Girard Sharp Law Firm Encourages Current and Former 3M Company Shareholders Who Received Neogen Corporation Shares in Connection With Neogen Corporation’s Acquisition o
Sep 17, 2025
SAN FRANCISCO, Sept. 17, 2025 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment, securities, and consumer class action law firm, has filed a securities class action against Neogen Corporation ( NEOG ) (“Neogen”). According to the complaint, the class includes “all current and former 3M shareholders who received NEOG common stock in exchange for Garden SpinCo shares pursuant to...
Novo Nordisk ready to launch oral semaglutide in US in 2026, executive says
Novo Nordisk ready to launch oral semaglutide in US in 2026, executive says
Sep 17, 2025
COPENHAGEN, Sept 17 (Reuters) - Novo Nordisk is prepared for a full-fledged launch of oral semaglutide in the United States in 2026, the group's head of product and portfolio strategy told Reuters on Wednesday. ...
Himax Unveils Aerospace, Defense Tech
Himax Unveils Aerospace, Defense Tech
Sep 17, 2025
05:45 AM EDT, 09/17/2025 (MT Newswires) -- Himax Technologies ( HIMX ) said Wednesday it will unveil a range of aerospace and defense technologies at the Taipei Aerospace & Defense Technology Exhibition from Sept. 18 to 20. The portfolio will include Liqxtal's Pro-Eye ultra-wide panoramic virtual display for confined spaces, Himax's ( HIMX ) drone vision systems and AI-based biometric...
Form 8.3 - Alpha Group International PLC
Form 8.3 - Alpha Group International PLC
Sep 17, 2025
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Qube Research & Technologies Limited (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved