Is the Caribbean the Next Space Race Battleground?

The rapid growth of satellite networks is creating a global race to build the infrastructure needed to get them into orbit. Launch on Demand founder Burton Catledge is developing what could become the first US-owned commercial spaceport in Latin America, betting that demand for launch capacity will surge as the number of satellites in orbit expands dramatically over the coming decade. Mc Kinsey aerospace expert Ryan Burkardt says existing launch infrastructure is already strained. CSIS aerospace specialist Kari Bingen sees more than just demand driving the opportunity: space could become a new frontier of geopolitical competition as China expands its footprint across Latin America. (Source: Bloomberg)