While Congress is holding hearings and pouring over federal budget minutiae, this episode is about how the United States could go about “Building an Enduring Advantage In The Third Space Age” – the title of a report authored by this week’s guest. Laura Winter speaks with Todd Harrison, Senior Fellow at the American Enterprise Institute, who is a longtime defense budget and space security expert.

There’s a Department of Defense legislative proposal to move Air National Guard space units into the U.S. Space Force that has unified all 55 state and territorial governors with the National Guard Association in opposition. This week’s episode is about this extraordinary dispute. The parties cannot even agree on the number of space units or Guardsmen and Guardswomen that would be affected if the proposal is passed and then signed into law. Laura Winter speaks with National Guard Association President Maj. Gen. (ret.) Frank M. McGinn; and Director of Joint Staff, Joint Force Headquarters, Colorado, Brig. Gen. Michael Bruno, who was the Executive Officer for 137th Space Warning Squadron at Greeley Air National Guard Station.

Jerome Powell, the Federal Bank Reserve Board Chair, said borrowing rates are going to stay right where they are. Most Department of Defense space budgets are shrinking in real terms due to inflation. So what will it take to get venture capitalists to invest in new space tech? Laura Winter speaks with Chad Anderson, Managing Partner at Space Capital, host of “The Space Capital Podcast”, and book author, who says “for those who can execute, the opportunity is massive and they are going to win”.

Is it “Old Wine In A New Bottle” or is this push to increase defense spending and investment in developing new capabilities, including space the mark of something new? While the United States has submitted a comparatively humble defense budget, its AUKUS partners, feeling the pressure of China in the Pacific region, seem to be doing the opposite. Laura Winter speaks with Malcolm Davis, a Senior Policy Analyst at the Australian Strategic Policy Institute focusing on space policy, security, strategy, and capability development; and Juliana Suess, a Research Fellow on Space Security, at the Royal United Services Institute, and host of the podcast “War in Space”.

The latest edition of the “State of The Space Industrial Base Report”, a unique take on space and national security, has just been published jointly by the U.S. Space Force, the Defense Innovation Unit, and the Air Force Research Laboratory. Laura Winter speaks with one of the authors and the editor of the report, Steve “Bucky” Butow, the Defense Innovation Unit’s Director of the Space Portfolio; and Peter Garretson, a senior fellow at the American Foreign Policy Council and co-author of the book “The Next Space Race: A Blueprint for American Primacy”.

This week U.S. Air Force Secretary Frank Kendall told the Senate Appropriations Subcommittee on Defense that China’s space capabilities were essentially on par, or close to it, with the United States, yet confusingly, the Presidential Budget Request for FY’25 prescribes pumping the brakes on Space Force modernization. To get at just what the administration is communicating strategically, Laura Winter speaks with Namrata Goswami, an independent scholar on space policy and great power politics and co-author of the book “Scramble for the Skies”; and Charles Galbreath, a Senior Resident Fellow for Space Studies at the Mitchell Institute’s Spacepower Advantage Center of Excellence.

Welcome to the start of the space economy’s second financial quarter, or “Crazyville”! Plus there is a new Department of Defense “Commercial Space Integration Strategy”. What does this tin’s label really say? Laura Winter speaks with The DownLink Podcast’s space equity and space economy dynamic duo, Chris Quilty, founder of Quilty Space; George Pullen, Chief Economist at MilkyWay Economy; and Robin Dickey, Policy Analyst, at the Aerospace Corporation’s Center for Space Policy and Strategy.

This week’s episode is coming from the annual Satellite in Washington, D.C. Instead of having a panel, Laura Winter is in the exhibition hall to ask commercial space leaders about risk, success and failure in the Age of SpaceX. Winter speaks with Frank Backes, CEO of Capella Space; Martin Cullen, TE Connectivity’s Senior Manager for Business Development and Strategy; Kayhan Space Co-Founders Siamak Hesar and Araz Feyzi; Matthew Randall, Empulsion Inc.’s Director of Business Development; and Namrata Goswami, an independent scholar on space policy and great power politics and co-author of the book “Scramble for the Skies”.

Congressional inaction coupled with core inflation, have resulted in the first reduction in budgetary buying power for the U.S. Space Force for FY 2025, placing research and development at risk. Effects could be far reaching, as the youngest military branch is the biggest consumer of commercial space products and services. Laura Winter speaks with Peter Garretson, a senior fellow at the American Foreign Policy Council and co-author of the book “The Next Space Race: A Blueprint for American Primacy”; and Sam Wilson, a senior policy analyst for the Center for Space Policy and Strategy at The Aerospace Corporation.

This episode is coming to you from the U.S. Air Force Academy in Colorado Springs, Colo., where the U.S. Space Command’s Office of the Staff Judge Advocate, and the Academy’s Law, Technology and Warfare Research Cell co-host the fourth annual USSPACECOM Legal Conference. Laura Winter is a guest of the event and is moderating a deep discussion on space debris, rules and regulations, and the legal challenges posed by salvage operations. Joining her for this discussion is Laura Megan-Posch, Assistant Chief Counsel, Regulations Division, Federal Aviation Administration, Department of Transportation; Gabriel Swiney, Director, Policy, Advocacy, and International Division, Office of Space Commerce, NOAA, U.S. Department of Commerce; Charles Stotler, Professor of Practice and Director, Center for Air and Space Law, University of Mississippi School of Law; Vic Gardner, President and Global Head of PreSales, LeoLabs Federal, Inc.; and Lee Steinke, Chief Operating Officer, CisLunar Industries.