HCoC Issue Brief – September 2021
By Emmanuelle Maitre & Sabrina Barré
The New Space trend – an ongoing innovative transformation of the space sector – has led to a rise of investment in small launch systems.
While an increasing number of nations are gaining access to space, the number of private sector entities investing in this domain is also rising. Meanwhile, small space launch vehicles and ballistic missiles rely on increasingly similar technologies.
In this context, the HCoC encompasses an important set of transparency and confidence-building measures which cover SLVs, and stress the link with existing international space conventions.
Without being legally-binding or constraining space developments, it sets a framework of best practices which promote cooperation and stability, removing potential ambiguity surrounding emerging space programmes.