(a) Except where granted to and assumed by the federal government under a constitutional grant from the people of this State, sovereignty in the space above the lands and waters of this State rests in this State.

(b) The ownership of the space above the lands and waters of this State is vested in the owner of the surface beneath, subject to:

(1) The right of flight described in § 5-1001 of this title; and

(2) The zoning and related powers set forth in Subtitles 5 through 8 of this title.