Protecting US Space Industry from Foreign Threats
This act aims to protect the American space industry from the influence of China and Russia. It restricts the purchase of telecommunications and aerospace equipment and services from companies linked to these countries. Additionally, it introduces new rules for reporting foreign investments in the US space sector, enhancing security and competitiveness in this field.
Key points
Prohibition on US government agencies purchasing space and telecommunications equipment from entities linked to China and Russia.
Requirement for reporting foreign investments in US space-related companies, increasing transparency and oversight.
Mandate to develop a strategy to defend critical supply chains for US space competitiveness.
Expired
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