NewSpace investing is a complex web of capital, regulation, and strategic M&A that continues to intensify innovation across the sector.

In the latest episode of the Tech & Space Leaders Show, Curt Blake, Senior Of Counsel at Wilson Sonsini, joins host Lisa Dreher to explore how the space industry is evolving toward a projected $1 trillion opportunity.

Curt, a pioneer and former CEO of Spaceflight, Inc., where he helped revolutionize the rideshare model, now advises founders and investors on the legal and financial architecture of NewSpace—from foreign investment regulation and national security considerations to pathways for scaling beyond the “science experiment” stage.

The discussion covers shifting investment dynamics in 2026 and beyond, regulatory hurdles including Curt’s analysis of foreign investment and national security issues (often referred to as the “Blake Brief”), the roadmap for securing capital, and how M&A and international partnerships are reshaping the sector.

Curt also underscores the critical importance of navigating foreign investment triggers for U.S.-based space companies seeking to scale.

Watch the full episode on the Tech & Space Leaders Show.