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Ukrainian MPs permit private space companies

The state no longer has monopoly over spacecraft design.

Ukrainian MPs permit private space companies
Photo: gogetnews.info

Parliament has lifted the ban on private companies to design, manufacture, operate and launch rocket carriers.

Bill 1071 regulating the issue was given the second reading and was passed as a whole by 308 MPs.

Space activities may be carried out by enterprises, establishments and organisations of any form of ownership and legal form, not just state-owned companies.

A private company planning to engage in space activities shall inform the State Space Agency of Ukraine by filing a declaration of intent.

Ukraine cooperates with 30 countries in the space industry. Antares rockets were successfully launched with Ukraine's participation in 2018 as part of a joint project with the USA while Vega rockets were launched as part of the European Space Agency programme.

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