Why it matters
Changes to licensing could affect U.S. space companies and the pace at which they can conduct launches. The article does not specify what rules would change or how the overhaul would affect costs or timelines.
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The Department of Transportation plans to begin a comprehensive overhaul of space launch licensing requirements next year. The effort is intended to help the FAA support as many as 1,000 commercial launches annually by 2030.
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Changes to licensing could affect U.S. space companies and the pace at which they can conduct launches. The article does not specify what rules would change or how the overhaul would affect costs or timelines.