WASHINGTON, March 17 -- The U.S. Department of Transportation's Federal Aviation Administration issued the following press release:
WASHINGTON - The Federal Aviation Administration (FAA) is supporting American commercial space innovation by streamlining the launch and reentry licensing process.
All licensing will now occur under the Part 450 rule, which consolidates four old rules into one.
It provides more flexibility and more methods of compliance, reducing the administrative and cost burdens on industry and the FAA.
"We're pleased to have flight-ready operators and vehicles successfully transition to a performance-based rule that unlocks flexibility while maintaining safety for the public," said Dr. Minh A. Nguyen, Deputy Associat...