Private Actors in Outer Space

The history of space regulation enlightened that the UN showed interest to develop some kind of soft regulation after launching of Sputnik because states were the main actors in outer space. The text of international space law treaties follows the trend; because the period when such treaties were established, none but states were the only actors in outer space. The presumption from the that space tourism is going to face fierce competition in near future because of increasing number of private actors and their low-pricing policies to attract more customers. Like University of Surrey through Surrey Satellite Technology Limited in satellite manufacturing, pure academics also gave birth to private actors through space commerce. The different types of privatisation are already observed in different countries within the meaning of ‘private actors in outer space’. There are so many private actors in different capacity pursuing their activities in outer space.