TAMPA, Fla. — The Federal Communications Commission is set to vote July 22 on an order to overhaul its satellite application process, creating a “licensing assembly line” to keep up with increasingly large and complex constellation plans.

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Jason Rainbow writes about satellite telecom, finance and commercial markets for SpaceNews. He has spent more than a decade covering the global space industry as a business journalist. Previously, he was Group Editor-in-Chief for Finance Information Group,...