Is there really sunshine in the Space Sector? April was a rough month for businesses, consumers, and public equities traders, all tenderized by the blows of uncertain trade policies. The DownLlink Podcast’s regular guest and space economist says the Space Sector is different and should be fine. Is he right? Laura Winter speaks with George Pullen, Partner and Chief Economist at MilkyWayEconomy.

Want to think beyond 2045? There’s a process for that called Strategic Foresight. According to a new U.S. Space Force Report, the newest service branch needs to employ it. Laura Winter speaks with two of the report’s leading authors, Joel Mozer, who is best known for being the first United States Space Force Director of Science, Technology and Research; and David Hardy, former Associate Deputy Under Secretary of the Air Force for Space. You can read their report here: https://ihubcolorado.org/beyond-the-tipping-point/.

This week the U.S. Space Force let a linguistic genie out of the bottle. The newest service branch published a 22-page guide for planners called “Space Warfighting”, that ditches soft elocution and takes up words like “destroy”, “terrestrial strike”, and “counterattack”. What does this mean for culture; training and education; research, development, testing and evaluation (RDT&E); acquisition; and the Space Force’s place in the Joint Force? In addition to a roundtable discussion with Lt. Gen. Shawn Bratton, Deputy Chief of Space Operations, Strategy, Plans, Programs and Requirements, Laura Winter speaks with Charles Galbreath, Senior Resident Fellow for Space Studies at the Mitchell Institute’s Spacepower Advantage Center of Excellence.

While the 40th Space Symposium’s theme was “Building Partnerships to Secure our Future”, everyone in Colorado Springs, Colorado was talking about building President Trump’s Next Generation Missile Defense Shield, a.k.a.: “Golden Dome For America.” This week’s guest cautions us that you cannot have a space-based missile defense shield without the ground segment. Laura Winter speaks with Mark Henrie, Divisional Vice President, Amentum Missile Defense Group, and Deputy Program Manager, Integrated Research & Development Enterprise Solution.

The second quarter has opened with U.S. President Donald Trump’s sweeping “Liberation Day” tariffs, causing Wall Street to suffer its worst days in years. The U.S.-based space economy does not have immunity from the Trump Administration’s trade policies or the markets. Laura Winter speaks with The DownLink regulars Chris Quilty, founder of Quilty Space; and George Pullen, Partner and Chief Economist at MilkyWayEconomy.

European Commission President Ursula von der Leyen is proposing to leverage €800 billion to rebuild Europe’s defense industrial base, and seed new defense capability development, including space capabilities. In the justification paper, even the words “space warfare” were used. To understand what this all means for space and defense in Europe, Laura Winter speaks with Antje Nötzold, Lecturer and Research Associate at the Chair of International Politics at Chemnitz University of Technology; Lina Pohl, Research Fellow at European Space Policy Institute (ESPI) seconded by German Space Agency (DLR).

It doesn’t take much mass, just a fleck of paint, to punch a hole into a satellite or an intercontinental ballistic missile. This week’s guest thinks the technology for an AI-controlled space-based kill vehicle, that is also small and lean enough to make room for the fuel needed for speed, is close at hand if the Department of Defense wishes to seize it. Laura Winter speaks with Arno Ledebuhr, a physicist, who worked on the Strategic Defense Initiative’s space-based ballistic missile defense system Brilliant Pebbles, at Lawrence Livermore National Laboratory, under Lowell Wood and Edward Teller.

This episode comes to you from SatShow’25 in Washington, D.C., where European space companies say the uncertainty of the Trump Administration’s economic and security policies are creating a golden opportunity for their businesses and technology development. Laura Winter speaks with Declan Ganley, CEO Rivada; Ed Tate, CTO, VIrtus Solis; Martin Soltau, co-Founder and co-CEO, Space Solar.

The Trump administration’s 25% tariffs and counter trade restrictions have kicked in, slapping small and medium sized space businesses with an economic shock that will be felt through the entire supply chain. There are solutions to lessen the pain from prime contractors and even the federal government if you know where to look. Laura winter speaks with Bailey Reichelt, , Founding Partner, Aegis Law, and Member of the Board of Directors, Association Of Commercial Space Professionals; Megan Moloney, Associate Director, Defense and Security, Guidehouse, and co-chair of the Space-ISAC Supply Chain Working Group; and Brian Joyal, CEO, Veridiam, Inc., a U.S.-based manufacturer providing critical components and assemblies to space sector prime contractors.

In the next seven days there will be two attempts by commercial space companies to land on the moon, tariffs slapped on goods from Canada, Mexico, and China, and U.S. President Donald Trump will deliver a speech to a joint session of congress. While Europe reels over the Oval Office incident with the Ukraine's head of state, what’s the view from the Indo Pacific of Trump’s policies? 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 Malcolm Davis, a Senior Policy Analyst at the Australian Strategic Policy Institute focusing on space policy, security, strategy, and capability development.