Relating to liability protections for commercial space flight and exploration.

SB 2505 establishes enforceable liability waivers for commercial space flight participants in Texas. It requires waivers to be in writing, printed in 10-point bold type, signed by the participant (and their heirs/representatives), and separate from other agreements. The bill recognizes federal waivers under FAA regulations (14 C.F.R. § 440.17) as valid in Texas, protecting commercial space companies from lawsuits by participants. It applies only to incidents occurring on or after September 1, 2025, and affects both space flight participants and commercial space operators.