Gavel Insight

As the space industry explodes into a multi-billion dollar industry, the legal and regulatory frameworks guiding the exploration and exploitation of outer space are becoming increasingly complex. This has led to the emergence of an entirely new legal domain called space law, which deals with the commercial, regulatory, and liability aspects of space exploration. This article aims to examine the fascinating world of space law and how it relates to Mississippi residents. Space law covers a wide range of legal areas, including international law, intellectual property law, contract law, insurance law, and tort law. It governs issues such as space debris, space traffic management, environmental protection, intellectual property rights, responsibility for damages caused by space activities, and the use of outer space for scientific research and exploration. One of the most important sources of space law is the United Nations’ (UN) Outer Space Treaty, which was signed in 1967 and has since be...