; and (2) by adding at the end the following: (d) Selection In carrying out the program, the Administrator may ensure that not less than 2 of the cooperative agreements entered into under this section involve the participation of an entity that is a small business concern (as defined in section 3 of the Small Business Act ( 15 U.S.C. 632 )), provided that the entity’s submitted technology proposal meets requisite technology readiness levels for entry into the agreement as determined by the Administrator. . 907. Hypersonic flight testing (a) In general Not later than 2 years after the date of enactment of this section, the Administrator shall establish procedures for permitting manned flights in oceanic airspace and overland flights operating with speeds in excess of Mach 5 and above for the purposes of developmental and airworthiness testing (including demonstration flights in areas where such flights will not interfere with the safety of other aircraft or the efficient use of airspace in the national airspace system). (b) Considerations In carrying out subsection (a), the Administrator shall consider— (1) the provisions of parts 91.817 and 91.818 of title 14, Code of Federal Regulations; (2) applications for special flight authorizations for flights operating with speeds in excess of Mach 5, as described in such part 91.818; (3) the environmental impacts of developmental and airworthiness testing operations; (4) whether to require applicants to include specification of proposed flight areas; (5) the authorization of flights to and from spaceports and airports in Class D airspace within 10 nautical miles of oceanic coastline; (6) developing the vertical limits at or above the altitude necessary for safe hypersonic operations; (7) proponent-provided data regarding the design and operational analysis of the aircraft, as well as data regarding sonic boom overpressure