
The DownLink Podcast
From the Defense & Aerospace Report... This is The DownLink Podcast, hosted by Laura Winter. From the intersection of space, business, and defense... Not just what's over the horizon, but what's happening above it.
The DownLink Podcast is 2023 and 2024 Defense Media Award-winner.
Latest episodes

Jun 7, 2025 • 50min
Space Competition: Lawsuits, Loans, Proxies And Pirates
The Trump-Musk “bromance” break-up is clearly visible on the world stage and worrying many about just how far and how deep the fallout will be for space and defense. What’s not-so-visible, are the aggressive tactics and techniques - lawsuits, loans, proxies and pirates - that fall-below the threshold of “acts of war”. That’s “gray warfare” in the space domain. How would you know it if you saw it? Laura Winter speaks with Dean Cheng, a sought after China-U.S. relations expert, and non-resident Fellow at both the Potomac Institute for Policy Studies and the George Washington University Space Policy Institute; and also from GWU, retired Navy Cmdr. John "Patsy" Klein, who recently authored the book, “Fight for the Final Frontier: Irregular Warfare in Space.”

May 30, 2025 • 1h 5min
Space Money: A Fighting Irishman Walks Into A Boardroom With The PRC
This week’s episode details what happened when the CEO of a European-US space company bought into a shareholder fight involving two Chinese government-backed entities, that are deeply involved with the Thousand Sails mega-constellation - China’s answer to Starlink. This is a deep dive into lawfare in the space domain, a growing costly concern for the U.S. and its Allies. Laura Winter speaks with Declan Ganley, CEO of Rivada Space Networks; and Dean Cheng, a sought after China-U.S. relations expert, and non-resident Fellow at both the Potomac Institute for Policy Studies and the George Washington University Space Policy Institute.

May 17, 2025 • 43min
Space Money: IonQ & Capella CEOs on the $318m Deal, Plans & Vision
The $318 million IonQ purchase deal to acquire Capella Space is bringing together two worlds in a high-stakes bid to radically change satellite-to-satellite and satellite-to-ground communications and computing at the edge. At least that's what the CEOs are saying. Are they right? Also, up top in this episode is a space threats update. Laura Winter speaks with Niccolo de Masi, IonQ’s President and CEO; Frank Backes, CEO of Capella Space; and Hector Falcon, the Space Information Sharing and Analysis Center’s Watch Center Director.

May 9, 2025 • 34min
Space Tech: A Soft Touchdown Closes Varda’s Business Case
This week planet Earth is seeing two re-entries of man-made objects: first the uncontrolled, possibly life-threatening, Soviet-era Kosmos 482; and second, the W-3 - an example of the very controlled, defense and in some cases possibly life-extending, business case that is Varda Space Industries. Laura Winter speaks with Delian Asparouhov, Varda Space Industries’ co-Founder and President, and Partner at Peter Thiel’s Founders Fund; and Muk Pandian, Varda’s Director of Strategic Partnerships and Advanced Concepts.

May 2, 2025 • 38min
Space Money: Pullen’s Analysis - Don’t Freak. “Take A Deep Breath.”
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.

Apr 25, 2025 • 39min
Space Power: Look Beyond “The Tips Of Your Skis”
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/.

Apr 18, 2025 • 32min
Space Power: Space Force Is Using Fighting Words!
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.

Apr 11, 2025 • 30min
Space Tech: Don’t Forget The Ground!
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.

Apr 7, 2025 • 38min
Space Money: Trump’s Wild “Liberation Day” Ride Has Arrived!
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.

Mar 26, 2025 • 38min
Space Competition: European Commission Urges EU To Spend Big On Defense And Space
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).