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Federal Appropriations and the Future of Space Development

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Time & Location

May 19, 2021, 8:30 AM – 10:00 AM EDT


About the Event

Federal investment in space infrastructure will yield massive economic growth, supporting civil and national security space efforts while creating a sustainable path for new space economy jobs. Participants will review key Fiscal Year 2022-2023 Federal budget impacts on issues including timelines, Congressional actions and Agency funding options.


Tim Chrisman, Founder & Executive Director, Foundation For The Future

John Chwat, Director of Government Relations, Foundation For The Future

Kevin O'Connell, Former Director, Office of Space Commerce


1. Role of Federal Appropriations in Space Economy

2. The ups and downs

3. One proposed solution - SPACE Corporation Act

4. Economic benefits of space infrastructure

5. Next steps

Space represents the next great strategic frontier for the United States. Our history is full of examples of visionary transportation leadership across sea, land, and air; that history demands that we lead in space. The nation’s space enterprise is facing tremendous change, driven by technology advancements, entrepreneurial investments, new business models, rapidly changing threats, and a complex geopolitical landscape. Navigating this multifaceted domain requires experience and vision.

The United States faces growing competition and increasing threats in the space domain from countries like Russia and China, each of which possess technologies capable of targeting U.S. space assets. At the same time, the global space economy is primed for liftoff, as technological advances and scientific breakthroughs unlock space-based investments and make the promise of space resources within reach. According to some estimates, within the next two decades, ventures like space tourism, the harnessing of solar energy, and space mining will propel the overall value of the space economy to $1 trillion.

America’s leaders must understand the scale and implications of the unfolding space race to best react to the threats and opportunities in this domain. The Foundation For The Future's Infrastructure, SPACE Edition seminar series is designed to broaden the knowledge base among key officials and stakeholders through a wide range of educational activities.

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