President Donald Trump signs the Space Policy Directive-2 aimed at reformatting and modernizing outdated government policies on commercial space travel.
The White House announced on Thursday, the directive is set to speed up the issuance of licenses and other requirements to American private space companies that are developing technology for the commercial space travel industry. Companies such as SpaceX and Virgin Galactic will benefit from the new directive.
Ultimately, the president’s order will purposely reinstate the United States’s leadership in space travel.
Wilbur Ross Jr., secretary of Commerce, said Trump’s initiative makes America’s Moon colony a future reality despite fierce competition with Russia and China.
Jim Bridenstine, the NASA administrator, said the directive enhances America’s capability in discovering new knowledge, protecting the national security, developing breakthrough technologies, and providing new career opportunities.
Space Policy Directive-2
The directive will ensure that all space-related government initiatives will advance the country’s economic growth. It shall minimize doubts from taxpayers, investors, and private conglomerations. The directive is also designed to protect the national security and the interest of foreign policy.