Tuesday, January 31, 2023
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HomeNewsPresident Biden signs funding for US space programs for fiscal year 2023

President Biden signs funding for US space programs for fiscal year 2023

President Biden signed the Consolidated Appropriations Act into law, completing the fiscal year 2023 fundraising. The law mandates spending of $1.7 trillion to fund the sectors and agencies that carry out space programs. These include the National Aeronautics and Space Administration (NASA), the National Oceanic and Atmospheric Administration (NOAA), the US Department of Defense (DOD), and the Federal Aviation Administration (FAA). The budget will run until his September 30, 2023.

From that payment, the US Space Force received her $26.3 billion. The tranche represents an increase over the $18.1 billion allocation for fiscal 2022 and also exceeds the $24.5 billion demanded by the services industry. NASA has also increased its allocation from his previous $24 billion, but his $25.4 billion received in fiscal year 2023 still falls short of his $25.9 billion requested by NASA.

Similarly, the Department of Transportation’s Agency for Commercial Space Transportation (FAA/AST), part of the FAA (FAA/AST), has an operational account that is the primary source of funding for personnel conducting licensing and other regulatory activities. received $37.9 million. This is $5.4 million more than the previous fiscal year, but less than the requested $42.5 million.

The Department of Commerce’s Office of Space Commerce, which is part of NOAA, also received $70 million. This significantly exceeded the $16 million tranche for fiscal 2022, but fell short of the requested $87.7 million. NOAA’s National Environmental Satellite, Data, and Information Service (NESDIS) division received $376 million for operations, research, and facilities (ORF). In addition, the service received $1.4 billion for Procurement, Acquisition and Construction (PAC). Both totals fell short of the requested totals of $409 million and $1.9 billion respectively.

News Summary:

  • President Biden signs funding for US space programs for fiscal year 2023
  • Check all news and articles from the latest Space news updates.
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