IETA’s Post

We had the chance to wrap up 2023 by participating in the round table "Emerging players in European Launch Industry and the challenge with USA and China" at the NSE ExpoForum 2023 in #Rome Together with Agenzia Spaziale Italiana, ARIANESPACE, AVIO and HyPrSpace, we discussed what the future challenges for new launchers, and what alternative business models might be developed. SAB Launch Services S.r.l., Marco Mariani, presented its view emphasizing the importance of establishing timely services to space, ensuring supply chain, availability of launch bases while in terms of business model it has been highlighted how the integration of In-Orbit Services as an additional revenue stream. 2024 🚀 #ARIANESPACE #AgenziaSpazialeItaliana #AVIO #NSE2023

We are here in Alus2023 in Istanbul

I really enjoyed this article. It raises the interesting question, though, of what the right approach would be. In principle, states shouldn't really be "competing." That's a concept that belongs in the private sector. Yet, in practice, they do when it comes to gambling dollars (among other things). If regulators are competing, then naturally Nevada is at a disadvantage if others can save effort by following its lead but not vice versa. On the other hand, as John points out, removing that barrier may lead to a race to the bottom. That's kind of what happens in the private sector in the absence of regulation - competition driving corporations to ever-lower standards of responsibility. So, what does it mean when state regulators find themselves pressured to be more competitive? Does someone need to regulate the regulators?