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International law firm Bird & Bird has advised Speedcast International Limited (ASX: SDA) on a 10 year agreement valued at up to A$184 million to supply managed satellite services to NBN Co Limited (nbn).
As 2017 draws to a close we have asked our experts supporting technology & communications clients from around the world to identify some of the digital technology trends and emerging legal issues their clients are facing.
As the competition between states to attract high-growth innovative space companies grows, what gives certain states the edge is a supportive, enabling regulatory framework and an informed regulator.
The Finnish Government has published a draft Act on Activities in Outer Space (Space Act) for public consultation.
“My government will work to attract investment in infrastructure to support economic growth. Legislation will be introduced to ensure the United Kingdom remains a world leader in new industries, including electric cars and commercial satellites”.
The Polish Space Strategy was published in February and is being implemented by a number of stakeholders interested in developing the economy and the space sector in Poland.
In its report on the Draft Spaceflight Bill published on 29 April 2017, the House of Commons Science and Technology Committee (Committee), "have identified where modifications need to be made to clauses covering 'liabilities, indemnities and insurance'; an area where industry expressed concerns that the provisions (as they stand) could prove prohibitive for small satellites and low-mass spacecraft - two fields in which the UK is a recognised leader."
On 29 March 2017, the UK Government served formal notice under Article 50 of the Treaty on European Union to terminate the UK's membership of the EU (following the June 2016 UK referendum on EU membership).
The UK Government published the thought-leading and ambitious Draft Spaceflight Bill on 21 February 2017.
This Bulletin discusses the effect that Brexit is likely to have on regulation related to the satellite and space industry and the potential implications for stakeholders in the industry both within and beyond the UK.