July 29, according to WSJ, the Trump administration is pushing a proposal to exempt space companies from some environmental review processes to speed up approval of commercial rocket launches. The report says that as U.S. commercial space launch activities continue to grow, the number of annual commercial space launches is expected to exceed 500 in the future, and the government hopes to accelerate industry development by simplifying regulatory procedures. The proposal is expected to benefit several commercial space companies including SpaceX, Rocket Lab, Blue Origin, and Stoke Space. If the policy is implemented, the approval cycle for future launch missions of related companies may be further shortened.
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