Tensions in the space domain continue to escalate as Russia vetoed a United Nations Security Council resolution on April 24 that aimed to reaffirm provisions in the Outer Space Treaty prohibiting the placement of nuclear weapons or other weapons of mass destruction in space. The resolution, drafted by Japan and the United States, was prompted by reports that Russia was developing a nuclear anti-satellite (ASAT) weapon capable of causing widespread damage to satellites in low Earth orbit and endangering astronauts.

As space becomes increasingly important from a defense perspective, with nations recognizing the critical role of satellites in modern warfare and national security, new opportunities are emerging for space companies. The growing demand for resilient and secure space infrastructure, as well as innovative technologies to counter potential threats, is driving investment and growth in the commercial space sector. New space companies that can provide solutions to these challenges may find themselves well-positioned to capitalize on the expanding defense market and contribute to the security and sustainability of the space domain.