Executive SummaryOn August 13, 2025, President Trump signed Executive Order “ Enabling Competition in the Commercial Space Industry” (E.O. To achieve this objective and maintain American leadership in the commercial space industry, the U.S. will streamline approvals for commercial space licenses and permits. Authority for This RulemakingThe Commercial Space Launch Act of 1984, as amended and codified at 51 U.S.C. In addition, section 50903 requires the Secretary to encourage, facilitate, and promote commercial space launches and reentries by the private sector. FAA expects the streamlining of its commercial space licensing regulations would significantly reduce the time required to obtain commercial space licenses and permits.