Almost all national economic signals are looking good as the nation prepares for a presidential transition to a more “space-minded” administration under Donald Trump. As the incoming president established the U.S. Space Force five years ago, the belief is he could double that service branch’s budget to solidify his legacy and infuse cash into the U.S.-based space economy. Laura Winter speaks with The DownLink regulars Chris Quilty, founder of Quilty Space; and George Pullen, Partner and Chief Economist at MilkyWayEconomy.

Aiming to compete with SpaceX’s Starlink, China just launched the first tranche of its broadband Gouwang constellation, and the Department of Defense this week submitted its annual report on the P.R.C.’s military and security developments to Congress. To understand what Beijing has accomplished in space in the past 12 months and what to expect in 2025, 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: The Great Power Competition to Control the Resources of Outer Space”. But first, Winter gets a year-end update on the Space Force Association’s activities from the organization’s Founder, CEO, and President, Bill “Hippie” Woolf.

U.S. Space Force Guardians are days away from celebrating their service branch’s fifth birthday. How far have they come in “cultivating the warfighter” in the past 12 months and what are the priorities for the next year? Laura Winter speaks with Chief Master Sergeant – Space Force John Bentivegna about lessons learned, his policy “the Guardian Journey”, and how the Space Force’s culture is evolving away from simply delivering support to the surface to deterring aggression and defending U.S. interests in space.

The space insurance market is fragile, with claims, totalling billions of dollars, outpacing premium revenues. Yet, insurance companies are expanding their coverage and others are getting into this game of space-based risk. Laura Winter speaks with the four-decade space insurance market veteran Chris Kunstadter, President of Triton Space.

This week China, Russia, and North Korea deepened their military bonds in exercises and meetings, presenting the incoming Trump 2.0 Administration with an illustration of how security in East Asia has become more fragile in the four years since Donald Trump was in the White House. Trump’s “America First” acolytes may find economically attractive opportunities in security burden-sharing in the space domain with South Korea. Laura Winter speaks with Sam Wilson, Director of Strategy and Program Support, and Katie Melbourne, a space security analyst, both of whom are with the Center for Space Policy and Strategy at The Aerospace Corporation.

This week U.S. President-elect Donald Trump continued to shape his incoming government, naming cabinet nominees, including two authors of the controversial governance plan “Project 2025”, and enlisting adherents to the “America First” political philosophy. To understand how this plan, treatise, and talk of going to Mars, together will affect the space domain, Allies, partners, and adversaries, 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: The Great Power Competition to Control the Resources of Outer Space”; Malcolm Davis, a Senior Policy Analyst at the Australian Strategic Policy Institute focusing on space policy, security, strategy, and capability development; and Hermann Ludwig Moeller, Director of the European Space Policy Institute.

Space policymakers from President-elect Donald Trump’s first administration debated what may be in store for the civil and defense space sectors, including sending humans to Mars instead of the moon, and establishing a Department of the Space Force. Laura Winter speaks with Doug Loverro, President, Loverro Consulting, LLC, former NASA Associate Administrator for Human Exploration and Operations, Deputy Assistant Secretary for Defense for Space Policy, and deep experience with defense space programs, classified and unclassified.

The Department of Commerce has just released some interesting economic indicators that lean positive, and there are expectations that the Federal Reserve Board will again lower interest rates. Despite this good news, it may be some time before new venture capital invests in space technology, leaving some companies that have capabilities the Department of Defense wants, starved for cash and at risk. Laura Winter speaks with Sam Wilson, Director, Strategy and Program Support, Center for Space Policy and Strategy, The Aerospace Corporation; and Sarah Georgin, former Project Lead, Strategic Foresight Team, The Aerospace Corporation.

In the year since Hamas launched its brutal attack in Israel, tactics, techniques, and procedures, as well as technologies, and security alliances have evolved in the space domain of operations. 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: The Great Power Competition to Control the Resources of Outer Space”; and Hector Falcon, Space and Cyber Intelligence Integrator, Space-Information Sharing and Analysis Center (Space-ISAC).

Last week Air Force Gen. Steven Nordhaus assumed responsibility as the 30th Chief of the National Guard Bureau, inheriting a politically thorny issue: a piece of legislation that, if passed into law, would transfer Air National Guard space units into the Space Force. This episode is about why some, possibly upwards of 80 percent, of the men and women who make up these units will not join the Space Force, which could leave the branch short of some critical capabilities. Laura Winter speaks with Lt. Col. Andrew Gold, Director of Strategic Plans, Colorado Air National Guard, and a space operator, who recently finished a deployment to Africa commanding the 138th Electromagnetic Warfare Squadron.