David Friedberg

Recently, you took over Relativity Space.

And I think for the people that don't know, this is a business that effectively whose ambition is to compete with SpaceX.

You lost some money in the first place.

I did.

What happened?

Did you get crammed down?

No, no, no.

All of us did.

All of us.

I mean, look.

I mean, I've been very happily...

you know an investor in spacex and swarm and starlink relativity was by the way swarm is a big deal created storm was a so thank you yeah swarm has been a really great success for for them and i think for the world um but what i was going to ask you is walk us through the evolution of the space market why you decided of all the companies you have the capital base to kind of put your money anywhere why did you pick that why did you pick that business why now

And this entry into space happened, and I'm not sure how well known this is, so you can go as far as you want to go into this, but you've done a lot as well in Next Generation Warfare as well.

Do you want us just to talk about that and how you ended up there and what role that plays?

And just give us a landscape.

Maybe David asked about the China question, but they're all kind of almost interrelated.

Isn't there like an equilibrium though that that can also create where...

because of that mutually assured destruction, there's a detente or is that?

Right.

But that seems like a great advantage and upside of this move to sort of drones and automation that we don't have today.