Commerce News Release on Trade Advocacy Wins for U.S. Commercial Space Firms
Today, the Commerce Department issued a news release touting its role in helping American companies succeed in the new frontier of space commerce.
The Department’s new strategic plan released March 28, 2022, includes objectives to advance and promote commercial space industry innovation. The plan states that the Department will grow the customer base for U.S. commercial space goods and services, in part by leveraging its network of domestic and overseas offices to ensure that U.S. space companies receive trade assistance for exporting.
In the past two years, the Department’s International Trade Administration (ITA) strategically engaged with foreign governments and supported U.S. companies to secure major space-related contracts that cover astronaut training, launch services, space mission activities and scientific research.