• The FAA proposes new rules to speed up approval of commercial space missions.
• The proposed rule would waive requirements under 13 environmental and other laws.
• The goal is to simplify and expedite commercial space licensing.
• Current license application process can take up to 36 months.

This proposal may indicate a significant shift in the US regulatory approach to commercial space missions, potentially streamlining the licensing process and reducing delays. The move could benefit companies like SpaceX, which aims to increase its launch frequency, and may have implications for the environmental impact of space launches.