The FAA wants to regulate commercial development on the moon

Does the U.S. government want to encourage commercial development on the moon?
(Image credit: iStock)

Reuters has obtained documents suggesting the U.S. government wants to encourage commercial development on the moon. The documents apparently state that U.S. companies "can stake claims to lunar territory" using an existing licensing process for space launches.

According to Reuters, the Federal Aviation Administration sent a letter to Bigelow Aerospace in December explaining its intent to "leverage the FAA's existing launch licensing authority to encourage private-sector investments in space systems by ensuring that commercial activities can be conducted on a non-interference basis."

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Meghan DeMaria is a staff writer at TheWeek.com. She has previously worked for USA Today and Marie Claire.