Space Law is often described as a collection of more or less amusing and unrealistic rules. For society, outer space is more of an imaginary sphere than a concrete space of Public International Law. That is why it is an ambitious project to explain that the international community of States has created a legal order for exploring and using outer space by concluding a binding international treaty. With a duration of 50 years, the Outer Space Treaty is in an advanced age. This special anniversary represents good reason to evaluate basic decisions and to predict future challenges of this modern part of Public International Law. The article explores the recent developments in Space Law and seeks to verify its status within International Law. Co...