Geopolitics

The Space Economy Stack: Four Layers

by
Four concentric rings showing the space economy layers: Downstream (inner), Midstream, Upstream, and Governance/Spectrum (outer gold ring). Stylized Earth at center. Juncture Policy institutional diagram.

The Space Economy Stack has four layers: Upstream (launch and manufacturing), Midstream (orbital operations and data), Downstream (Earth observation, PNT, connectivity), and Governance (spectrum allocation, orbital slots, regulatory architecture). For emerging markets, sovereignty is contested at the fourth layer.

The New Geopolitics of Capital: How Private Equity-Backed Insurers Are Rewriting Strategic Finance

by

Juncture Policy Brief | November 20, 2025 | 15-min read Executive Summary When Colombia’s finance minister chose a $2 billion grid financing from a private equity–backed insurer over cheaper Chinese and DFI options, the decision wasn’t about a few basis points on the coupon. It was about speed, balance sheet optics, and political timelines. The … Read more