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An official website of the United States government.
Official websites use .gov
A .gov website belongs to an official government organization in the United States.
Secure .gov websites use HTTPS
A lock or https:// means you’ve safely connected to the .gov website. Share sensitive information only on official, secure websites.
The Commerce Department facilitates the growth of the U.S. space economy through a variety of means, including studying economic trends in the commercial space market and supporting the space sector’s needs for commercial financing and insurance.
On June 27, 2023, the Commerce Department’s Bureau of Economic Analysis (BEA) released updated statistics on the U.S. space economy, building on earlier estimates published in December 2020 and January 2022. The statistics show that, …
Commerce Updates U.S. Space Economy Statistics for 2012-2021 Read more →
This morning, Deputy Secretary of Commerce Don Graves delivered keynote remarks during the plenary session of the Space Symposium in Colorado Springs, CO. His remarks provided an update on the Commerce Department’s activities to promote …
On March 28, 2022, the White House released the President’s Fiscal Year (FY) 2023 budget request for the Department of Commerce. The President’s budget proposes $87.7 million for the Office of Space Commerce, a $77.7 …
FY23 Budget Proposes $87.7M for Office of Space Commerce Read more →
Today, the Commerce Department issued a news release touting its role in helping American companies succeed in the new frontier of space commerce. The Department’s new strategic plan released March 28, 2022, includes objectives to advance and …
Commerce News Release on Trade Advocacy Wins for U.S. Commercial Space Firms Read more →
Today, the Department of Commerce released its updated Strategic Plan for 2022-2026. Strategic Objective 1.7 of the plan is to “Advance U.S. leadership in the global commercial space industry.” View the strategic plan (16 MB …
Space Commerce in DOC’s Strategic Plan for 2022-2026 Read more →
On January 26, 2022, the Commerce Department’s Bureau of Economic Analysis (BEA) released updated statistics on the U.S. space economy, building on the preliminary estimates published in December 2020. The revised figures show that, in …
Commerce Releases Updated Space Economy Statistics for 2012-2019 Read more →
On July 9, the Commerce Department’s National Telecommunications and Information Administration (NTIA) released a report titled, “The Spectrum Needs of U.S. Space-Based Operations: An Inventory of Current and Projected Uses.” View report at NTIA.gov The …
View report as PDF (1.8 MB)Today, the Office of Space Commerce published a report on the Commerce Department’s space commerce accomplishments under Secretary Wilbur Ross and the Trump Administration. The report recaps the Department’s success in …
Today the Commerce Department’s Bureau of Economic Analysis (BEA) published new, experimental statistics on the U.S. space economy in the Survey of Current Business, including estimates of GDP, gross output, employment, and compensation by industry, …
Commerce Releases Experimental Statistics on the Space Economy Read more →
On December 16, 2020, Secretary of Commerce Wilbur Ross published an opinion piece in Space News titled, “Space Commerce Accelerating.” The op-ed discusses the role of the U.S. commercial space industry in the new space …
Secretary Ross Op-Ed: Space Commerce Accelerating Read more →