{"id":618670,"date":"2026-06-14T18:00:00","date_gmt":"2026-06-14T18:00:00","guid":{"rendered":"https:\/\/buglecall.org\/?p=618670"},"modified":"2026-06-14T18:00:00","modified_gmt":"2026-06-14T18:00:00","slug":"space-the-now-frontier-and-the-ai-revolution-3","status":"publish","type":"post","link":"https:\/\/buglecall.org\/?p=618670","title":{"rendered":"Space: The Now Frontier And The AI Revolution"},"content":{"rendered":"

Space: The Now Frontier And The AI Revolution <\/span><\/p>\n

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By Peter Tchir of Academy Securities<\/em><\/p>\n

Space: The Now Frontier & The AI Revolution<\/h2>\n

Academy will tackle any details on a deal with Iran via a SITREP and a podcast, once (if) details are made\u00a0\u00a0available.\u00a0<\/p>\n

After last Friday\u2019s extreme move (More Than Rates Moving Markets<\/a>) we had a relatively tame week with the S&P and Nasdaq both gaining around 0.7%, but neither getting back to their highs of the week, set on Tuesday. Yields drifted moderately lower on the week, primarily on the back of steep declines in the price of oil (though I do feel the need to point out the Jan 2027 WTI contract, which I\u2019ve been focusing on, is still at $76.1, barely one dollar lower than where it closed last Friday \u2013 I remain in the higher for longer camp). Credit spreads remain firm and the asset class remains \u201cboring\u201d which is a good thing!\u00a0<\/p>\n

Now let\u2019s address two bigger picture issues <\/strong>that have been taking up a lot of time during recent client calls and visits. Space and AI.\u00a0<\/p>\n

Space: The Now Frontier\u00a0<\/strong><\/p>\n

Space: The Final Frontier <\/a>still gives me the chills! The excitement of exploration!\u00a0The IPO of SpaceX and all the discussion it has created has brought back that feeling.\u00a0<\/p>\n

A colony of 1 million people on Mars!\u00a0<\/strong>I love the concept! I have 0 opinion on whether the number of shares that Musk gets for achieving that target is the right number, but I love having that concept out there.\u00a0<\/p>\n

Think big:<\/strong>! This concept floating around, and now documented into Wall Street, excites me. On the back of Artemis II and the planned lunar landings, there is a lot of potential for new discoveries.\u00a0<\/p>\n

On a more practical (or near-term outlook) it can lead to AI and Data Centers in space. New sources of energy and potentially other materials.\u00a0<\/p>\n

But there are also important National Security elements that are gaining more attention.\u00a0<\/strong><\/p>\n

Many members of Academy\u2019s Geopolitical Intelligence Group <\/strong>lament that we have been \u201csoft\u201d on space. <\/em>That we have ignored the real dangers to national security by not focusing on space as much as we need to. While the Space Force was a step in the right direction, many argue that we are behind (some might argue woefully behind) where we should be in terms of ensuring that space is safe and our interests are protected!\u00a0<\/p>\n

At the simple and on the not controversial end of the spectrum, is \u201cspace junk<\/strong>.\u201d The debris in orbit is increasing. While not currently posing a risk, it is something that should be addressed better than it has been.\u00a0<\/p>\n

What about GPS and communications<\/strong>? I\u2019m not sure that I could walk to the corner store without using some map app. The working assumption that \u201cno one is interested in disrupting GPS\u201d may be na\u00efve?\u00a0While at least 95% of communication remains \u201cterrestrial\u201d (fiber optic cables, undersea cables, cell towers, etc.) space will become increasingly important to communications. While it might not be \u201cmission critical\u201d to protect the communications equipment in space today, it could be.<\/p>\n

Who will control discoveries?\u00a0<\/strong><\/p>\n

Let\u2019s say we find some vital resources on the moon (seems the most likely \u201csurprise\u201d that could occur\u00a0in the near future). Who will control that material?\u00a0<\/p>\n