New Space Age Act of 2024

Bill 118 hr 10320, also known as the Commercial Space Transportation Administration Act, aims to amend title 51 of the United States Code in order to create a new agency called the Commercial Space Transportation Administration (CSTA). This agency would be responsible for overseeing and regulating commercial space transportation activities within the United States.

The bill outlines the duties and responsibilities of the CSTA, which include promoting the development of the commercial space transportation industry, ensuring the safety and security of commercial space transportation operations, and fostering international cooperation in the field of commercial space transportation.

Additionally, the bill addresses the issue of liability in commercial space transportation activities, establishing a framework for determining liability in the event of accidents or incidents involving commercial space vehicles. Overall, the Commercial Space Transportation Administration Act seeks to streamline and improve the regulation of commercial space transportation in the United States, with the goal of promoting innovation and growth in this rapidly expanding industry.