Cameron Gleeson

So it is a space race to a degree, and that's going on on a governmental level.

We know that China is going to try and potentially challenge the US to get to the moon, but also on a commercial level in terms of building out a lot of this technology, the connectivity and the like.

Well, as I sort of said before, some of these companies are already reaching profitability.

I mentioned Planet Labs.

The expectations for other companies like, for example, Rocket Lab.

are that they're going to reach profitability in the next two years.

There is a heavy upfront investment required to sort of build out.

This is a CapEx intensive industry, which is why a lot of these companies have come to the public markets.

But given that they're extremely high growth, the opportunity is there.

That opportunity is there and we're already seeing commercial contracts

But I think, you know, we don't want to just focus on what's sort of the here and now.

We know that with that reduction in the cost of shooting stuff into space, we then sort of see these next order potential, you know, areas of building out that economy.

And it might sound crazy, but in 2050, you know, could there be the ability to use the resources which are on the moon?

I mean, the moon is a very interesting environment in terms of being a very low gravitational environment versus the Earth.

And it's also a very mineral resource environment where there's a lot of, you know, valuable precious metals, silicon and other materials, which could potentially be mined and exploited and shipped back to Earth.

The ability to launch from moon because of that, you know, gravitation, the lower gravitational pull is huge.

is far easier.

And the moon could, in fact, form a staging point for exploration out into deep space, including Mars.

So that presents a really interesting opportunity.

We know that operating outside the Earth's atmosphere presents a lot of challenges, but the degree of advances we've seen in AI and automation and robotics and humanoids and the like,