Space Systems Command recently announced that the United States Space Force will have access to a working capital fund to buy commercial space services on-demand. But the fund, which is authorized to hold up to $1.2 billion in a given fiscal year, is not actually new money appropriated by Congress to the Space Force. Rather, it presents another flexible funding option to move money around in response to emerging mission requirements.

But the timing of the announcement also coincides with the Acquisition Transformation Strategy, an initiative recently unveiled by Secretary of War Pete Hegseth. Together, these actions represent how the Space Force, and the Department of War at large, is actively reforming how it acquires commercial services from industry partners.

In this episode of "The Elara Edge," Founding Partners Major General (Ret) Roger Teague and Mike Dickey share how the working capital fund fits into the broader acquisition reforms taking place across the Department of War. Major General (Ret) Roger Teague is the former Director of Space Programs for the United States Air Force, where he directed the development and acquisition of space programs for Air Force major commands and Mike Dickey is the former Chief Architect of Air Force Space Command and the United States Space Force.

"The Elara Edge" is hosted by Scott King and produced by Regia Multimedia Services. The full story can be found on Elara Nova's Insights page here. Music was produced by Patrick Watkins of PW Audio.