In this episode, SpaceNews editor Mike Gruss talks with Josef Aschbacher, Director General of the European Space Agency.They discuss Europe’s case for greater investment in space, the growing role of defense and security in ESA’s agenda, and the ambitious budget negotiations ahead of November’s ministerial conference. From dual-use technologies to new launch competition and commercial partnerships, Aschbacher outlines how ESA is positioning itself for a rapidly changing space economy.