1. Suborbital Flight as an Object of Economic and Development Activities and Legislative Interventions

The chapter delves into the critical role of suborbital flight in expanding human economic activity and space exploration. It discusses the technical, financial, and organizational challenges of space access and the indispensable nature of human presence in space. The text highlights the exponential growth of the space sector, with increasing investments and satellite launches, underscoring the importance of suborbital flight as a developmental stage for space missions. It also explores the diverse applications of suborbital flights, including space tourism, scientific research, and potential point-to-point travel. The chapter emphasizes the need for accurate legislative interventions to define and regulate suborbital activities, addressing the divergent definitions and legal frameworks across international, European, and national laws. It concludes by highlighting the basic research problem of determining the optimal regulatory approach for suborbital flights, considering the sector's needs and economic implications.