Cross-Waiver Clause of Liability in the Launch Contract: A Sustainable Contractual Practice for the Space Industry

For many years, the cross-waiver of liability clause in the space transport sector has been widely used by the entire space industry. It has a significant influence on the health of the space market, allowing for secure investments and legal certainty during the execution of a space launch contract. This clause is therefore essential in space launch contracts, as without it, predicting a sustainable economy in this sector for all stakeholders would be challenging. Thus, it will be highly beneficial in securing future lunar and Martian missions.