The SPACE ACT will create a private-public corporate structure, SPACE Corp to finance space projects and offer:

  • Loan guarantees through commercial lending institutions to support technology innovations 

  • An investment fund to provide support to new space companies

  • Grants to small businesses and other starting entrepreneurs in the space sector

  • Support for the "public benefit" space infrastructure projects through bonds and other financing opportunities


The Hill, 01.25.2021

At a time of economic slowdown, lowering the barriers to space investment will help create hundreds of thousands of new jobs in diverse industries from advanced materials manufacturing to trucking