This article examines the Italian Law on the Space Economy (l. n. 89/2025) as one of the most advanced expressions of how states are redefining the governance of private space activities in the era of the new space economy. The Law innovatively combines classical authorization and supervision mechanisms with economic planning tools, expansive definitions, stringent technical requirements, and pervasive security-driven assessments. Through an analysis of its structure and key provisions, the article highlights both the virtues and challenges of this approach. Ultimately, the article argues that the Italian Law represents a paradigmatic example of ‘New Space Law’: a more complex regulatory model shaped by market dynamics, technological change, environmental concerns and security considerations.
Andrea Capurso (Sun,) studied this question.