BUILDING THE RULES FOR A COMMERCIAL SPACE ECONOMY
How Policy Creates the Confidence to Commercialize Innovation
Based on an interview with
Paul Stimers
Partner
Holland & Knight
Based on an interview with
Katie Inman
Partner
Holland & Knight
As commercial space is entering a new chapter, companies are advancing technologies such as nuclear power, space-based solar energy, electric propulsion, and lunar infrastructure. The next phase centers on bringing these innovations into everyday commercial operations.
Investment, licensing, intellectual property, contracts, infrastructure financing, export controls, spectrum access, environmental review, and government regulation all influence how quickly innovation reaches the marketplace. As commercial space continues to mature, a strong legal framework is becoming an essential foundation for sustainable growth.
Policy as Infrastructure
Every emerging industry reaches a point where technology accelerates and the supporting framework evolves alongside it.
Commercial aviation developed certification standards and air traffic management.
The internet expanded through new communications policies and digital commerce regulations.
Commercial space is following a similar path.
Companies are preparing to deploy space-based solar power, nuclear systems, orbital servicing, lunar resource utilization, and commercial space stations. Each advancement introduces opportunities to develop regulatory pathways, financing models, licensing approaches, and international partnerships that support long-term commercial success.
According to Paul Stimers and Katie Inman of Holland & Knight, helping clients navigate this evolving landscape has become an important part of building the commercial space economy. Their work includes guiding companies through government processes, engaging with policymakers, protecting intellectual property, structuring business agreements, and preparing technologies for commercialization.
Shaping the Future Together
Commercial space is evolving quickly, and policy is evolving alongside it.
As new technologies emerge, industry leaders regularly engage with Congress, federal agencies, and regulatory bodies to share technical expertise and help inform future policy. Those conversations help shape licensing approaches, operational standards, and regulatory frameworks that encourage innovation, strengthen commercial investment, protect intellectual property, and advance public safety and national interests.
For companies developing technologies such as nuclear power, space-based solar, orbital servicing, or lunar infrastructure, participating in those discussions can help create a clearer path to commercialization. Collaboration between industry and government allows practical experience and technical knowledge to shape the policies that will guide the next generation of space activities.
Confidence Fuels Investment
A consistent theme emerged throughout the discussion:
Investors seek confidence.
Companies value predictability.
Customers rely on stability.
Clear policy and legal frameworks help create each of these conditions.
Whether developing a nuclear surface power system, financing a new spaceport, or introducing an advanced propulsion technology, organizations benefit from understanding the regulatory pathway early in the process. That clarity strengthens business planning, encourages investment, and supports long-term growth.
Building the Next Space Economy
Throughout this issue, we have explored technologies that generate, distribute, store, and manage energy beyond Earth.
Each innovation represents another building block of the future space economy.
Policy and law provide the framework that helps those technologies move from demonstration to deployment, attract investment, and become sustainable commercial services.
Innovation sparks possibility.
Entrepreneurship creates opportunity.
Policy and law help both succeed.
ABOUT HOLLAND & KNIGHT
Holland & Knight’s Satellite and Space Technology Team provides a full suite of legal, regulatory and legislative services to entrepreneurs, startup companies and global industry players.
ARRAYS AND SWARMS
ROCKET ENGINE TESTING
WHEN SPACE POWERS EARTH
BUILDING THE RULES
FROM POLICY TO PRACTICE
BEYOND FUEL
POWER TO SPACE POWER
OUR OFF-WORLD BASES WILL RELY ON NUCLEAR POWER
ELECTRIC PROPULSION ECONOMICS
BEFORE THE COUNTDOWN
THE MISSING LINK
HARNESSING SPACE ITSELF
ELEGANCE IN ENGINEERING
POWER GRID ON THE MOON
INFRASTRUCTURE AS A SERVICE-TOMORROW