There are around 11,000 satellites orbiting Earth, and it is estimated that at least 50,000 more will be launched in the next decade. There are also exploration instruments, resupply vessels, and complexes like the International Space Station. But who regulates all this activity in space? In the absence of clear regulations, the European Union has proposed the Space Act, a set of measures that seeks to make the European space sector a cleaner, safer, and more competitive environment, both domestically and in international markets.
The European Commission maintains that current space regulation within the eurozone is fragmented into various national approaches, which slows innovation, reduces European participation in the global