The exploration and exploitation of space has attracted the attention of many States, as well as of private stakeholders. In the past couple of years, they have poured drastically increasing amounts of resources, financial and otherwise, into space-related activities. Despite the rapid economic and technological developments, however, the legal framework around space-related activities, including dispute settlement, has largely remained the same as the one first established in the 1960’s. The question thus arises whether such a framework can harbor the increasing demand of spacerelated disputes, and if not, what changes could be made, particularly in international arbitration, to address the specificities and complexities of this fast-growing field.