
Space industry companies have reportedly made a plea to Congress, seeking to safeguard the funding for the Office of Space Commerce (OSC).
What Happened: Over 450 U.S. space, satellite, and defense companies have petitioned the Subcommittee on Commerce, Justice, and Science to uphold the OSC’s funding at the Fiscal Year 2025 level of $65 million in the Fiscal Year 2026 appropriations bill. The letters also advocated for the continuation of funds allocated to the OSC in Fiscal Year 2025, reported The Hill on Monday.