Space Industrialization Act of 1980

[AI summary unavailable — showing source text] Space Industrialization Act of 1980 - Title I: Establishment of Space Industrialization Corporation - Authorizes the establishment of the Space Industrialization Corporation. Directs the President to appoint a panel assist in the selection of persons to be appointed to the board of directors of such corporation. Sets forth the terms and conditions of membership on such board. Sets forth the powers and duties of such corporation, including the provision of the financial means to purchase satellite launching and related services. Requires the Corporation to provide assistance by financing industrial ventures under negotiated management plans to promote the development of new products, processes, services, and industries in space, and the transfer of space technology for applications having potential societal benefits. Requires applications for assistance to contain a detailed description of all of the technical, business, and economic aspects of the project. Limits assistance to corporations or groups organized under the laws of any State or territory or possession of the United States and to U.S. citizens. Requires the Corporation to give preference to those proposals which have hig…