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Valley of Depth

Payload | Ignition | Tectonic
Valley of Depth
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168 episodes

  • Valley of Depth

    The New Ground Truth, with Dan Smoot (CEO of Vantor)

    20/05/2026 | 55 mins.
    Commercial geospatial intelligence has moved from nice-to-have imagery to core national security infrastructure. And Vantor is trying to reposition itself for that new era.

    On this week’s episode of Valley of Depth, we sit down with Dan Smoot, CEO of Vantor, to unpack the company’s transformation from a legacy satellite imagery provider into a space-based intelligence platform serving defense, intelligence, international, and enterprise customers.

    The shift is bigger than a rebrand. Vantor is betting that the future of geospatial intelligence is not just sharper pixels from orbit, but the ability to turn space-based data into software, AI-driven insights, autonomous navigation, sovereign intelligence systems, and real-time operational decision-making.

    We cover:

    How Vantor is moving beyond imagery into space-based intelligence

    Why the Maxar rebrand was necessary, even if controversial

    How commercial GEOINT is becoming a national security layer

    How Vantor’s 3D data supports autonomous systems and GPS-denied operations

    Why partnerships with companies like Anduril matter for the future battlefield

    How Ukraine changed the government’s view of commercial imagery

    Where Vantor fits into Golden Dome and missile defense

    Why sovereign geospatial capabilities are becoming a global priority

    …and much more.

     

    • Chapters •

    00:00 - Trailer & Intro

    01:06 – Maxar Intelligence

    02:39 – An outside view coming into the space industry

    05:12 – The Maxar rebrand

    09:00 – Product offerings and customers

    12:15 – Vantage and Pulse

    16:31 – Does being under a private equity firm change how Vantor operates?

    18:53 – Vantor's partnership with Anduril

    21:41 – EOCL (Earth Observation Commercial Layer)

    25:24 – Cultural impact of commercial intelligence on global conflicts

    29:46 – Vantor x Golden Dome architecture

    30:48 – How Chinese tech compares to the US

    33:25 – Capabilities of Tensorglobe that a customer could deploy today

    36:17 – Raptor

    38:42 – When will we have a sub-15-minute revisit at sub-20cm resolution?

    43:35 – The winning valuation of Vantor for Advent

    47:51 – Lanteris's revenue multiples

    51:28 – What Dan would change about commercial EO and policy today

    53:51 – What does Dan do for fun?

     

    • Show notes •

    Vantor’s website — https://vantor.com

    Vantor’s’ socials — https://x.com/vantortech

    Mo's socials — https://x.com/itsmoislam

    Payload’s socials — https://twitter.com/payloadspace / https://www.linkedin.com/company/payloadspace

    Ignition’s socials — https://twitter.com/ignitionnuclear / 

    https://www.linkedin.com/company/ignition-nuclear/

    Tectonic’s socials  — https://twitter.com/tectonicdefense / https://www.linkedin.com/company/tectonicdefense/

    Valley of Depth archive — Listen: https://pod.payloadspace.com/

     

    • About us •

    Valley of Depth is a podcast about the technologies that matter — and the people building them. Brought to you by Arkaea Media, the team behind Payload (space), Ignition (nuclear energy), and Tectonic (defense tech), this show goes beyond headlines and hype. We talk to founders, investors, government officials, and military leaders shaping the future of national security and deep tech. From breakthrough science to strategic policy, we dive into the high-stakes decisions behind the world’s hardest technologies.

    Payload: www.payloadspace.com

    Tectonic: www.tectonicdefense.com

    Ignition: www.ignition-news.com
  • Valley of Depth

    Space & Defense Market Update - April 2026 (LIVE from NYSE)

    13/05/2026 | 1h 53 mins.
    This month, Mo and Jack host a two-hour live show featuring six leaders from the space industry:

    Ian Cinnamon (Apex) 05:18

    • Philip Johnston (Starcloud) 20:18

    • Eric Romo (Impulse) 35:11

    • Karan Kunjur (K2 Space) 50:26

    • Shahin Farshchi (Lux Capital) 1:05:28

    • Delian Asparouhov (Varda / Founders Fund) 1:22:00

    • Molly O'Shea (Sourcery) 1:41:25

     

    We discuss satellite manufacturing, orbital data centers, in-space mobility, high-power buses, venture capital, and the future shape of the space economy.

     

    • About us •

    Arkaea Media is building the definitive media, events, and intelligence platform for the future of the defense industrial base.

    We deliver high-quality journalism and actionable insights that shape the business, policy, and investment decisions underpinning technically complex and highly regulated industries that influence global security.

     

    Our portfolio of publications (so far) includes Payload (space) and Tectonic (defense tech).

    Payload: www.payloadspace.com

    Tectonic: www.tectonicdefense.com

    Ignition: www.ignition-news.com
  • Valley of Depth

    The Flight Automation Era, with Mark Groden (CEO of Skyryse)

    29/04/2026 | 55 mins.
    The U.S. military doesn’t have enough pilots—and automation may be the only way to scale airpower. At the same time, Skyryse is formally launching its new defense unit, bringing its software-defined flight system, SkyOS, into military applications.

    On this week’s episode of Valley of Depth, we sit down with Mark Groden, CEO of Skyryse, to unpack how the company is building a universal operating system for aircraft that can dramatically simplify flight, reduce pilot burden, and enable fully autonomous operations when needed.

    The goal is ambitious: turn helicopters and airplanes into flexible, optionally piloted systems that can shift between crewed and uncrewed missions—unlocking a new model for force projection, logistics, and survivability.

    The conversation spans the tragic accident that inspired Mark to start Skyryse, why aviation’s biggest safety problem is really a technology problem, how SkyOS works across platforms from Robinson helicopters to Black Hawks, and why defense demand for autonomy is accelerating faster than most people realize.

    We cover:

    How SkyOS transforms aircraft into software-defined systems

    Why helicopters are so difficult and dangerous to fly today

    What Skyryse Defense is building for crewed, uncrewed, and autonomous missions

    How optionally piloted aircraft could reshape military logistics and ISR

    How Skyryse’s Series C positions the company for scale

    Why the future battlefield requires simpler, more adaptable systems

    …and much more.

     

    • Chapters •

    00:00 – Intro

    01:34 – The accident that changed Mark's life and mission

    04:10 – A PhD in sensor data fusion

    06:54 – The evolution of Skyryse

    10:09 – Product stack

    15:30 – New business unit

    17:12 – Skyryse's partnership with the Army

    19:39 – Why even build for humans?

    21:35 – The software distribution of SkyOS

    26:40 – Guinness World Record for autorotation

    30:58 – Training commercial helicopter pilots with Skyryse

    33:52 – Commercial picture for Skyryse

    37:43 – Addressing the pilot shortage in the military

    42:22 – Commercial regulations

    45:39 – What certification unlocks for Skyryse

    47:19 – Military regulatory process

    48:53 – What Skyryse plans to do with their Series C funding

    51:27 – How people's lives change if Skyryse is everywhere in 20 years

    53:30 – Can you buy the Skyryse helicopter?

    54:05 – What Mark does for fun when he's not building helicopters

     

    • Show notes •

    Skyryse’s website — https://skyryse.com/

    Skyryse’s’ socials — https://x.com/skyryse

    Mo's socials — https://x.com/itsmoislam

    Payload’s socials — https://twitter.com/payloadspace / https://www.linkedin.com/company/payloadspace

    Ignition’s socials — https://twitter.com/ignitionnuclear /  

    https://www.linkedin.com/company/ignition-nuclear/

    Tectonic’s socials  — https://twitter.com/tectonicdefense / https://www.linkedin.com/company/tectonicdefense/

    Valley of Depth archive — Listen: https://pod.payloadspace.com/

     

    • About us •

    Valley of Depth is a podcast about the technologies that matter — and the people building them. Brought to you by Arkaea Media, the team behind Payload (space), Ignition (nuclear energy), and Tectonic (defense tech), this show goes beyond headlines and hype. We talk to founders, investors, government officials, and military leaders shaping the future of national security and deep tech. From breakthrough science to strategic policy, we dive into the high-stakes decisions behind the world’s hardest technologies.

    Payload: www.payloadspace.com

    Tectonic: www.tectonicdefense.com

    Ignition: www.ignition-news.com
  • Valley of Depth

    ARKAEA x NYSE Space & Defense March Update

    01/04/2026 | 54 mins.
    Yesterday we launched our first-ever live show from the New York Stock Exchange (NYSE) called “The Space & Defense Market Update.” We brought together investors and analysts operating at every stage of the capital stack to stress-test what's real and what’s priced in.

    Capital markets are moving faster than anyone has clean answers for. Data centers in space are attracting serious money and serious skepticism in equal measure. Public market valuations are demanding a level of conviction that leaves little room for error. And NASA just rewrote its lunar roadmap while an astronaut crew prepares to fly around the Moon for the first time in fifty years. Our guests this month are:

    Mike Annunziata, Founder & Managing Partner of Also Capital

    Mark Danchak, Co-Founder & General Partner of General Innovation Capital Partners

    Mariana Perez Mora, Director, Bank of America Equity Research

    We get into:

    Why data centers in space will be willed into existence

    What early-stage investors can see in space and defense founders that later-stage capital only appreciates once it's obvious

    How public markets are actually pricing space and defense right now

    The Palantir valuation framework: what you have to believe, and whether those beliefs hold

    NASA's new lunar roadmap: Moon base over Gateway, crewed missions twice a year, and what it means for the commercial players already in the queue

    Why Artemis II launching tomorrow is a bigger deal than most people are treating it

     

    • Show notes •

    Mo's socials — https://x.com/itsmoislam

    Jack’s socials — https://x.com/JackKuhr

    Payload’s socials — https://twitter.com/payloadspace / https://www.linkedin.com/company/payloadspace

    Ignition’s socials — https://twitter.com/ignitionnuclear / 

    https://www.linkedin.com/company/ignition-nuclear/

    Tectonic’s socials — https://twitter.com/tectonicdefense / https://www.linkedin.com/company/tectonicdefense
  • Valley of Depth

    Autonomy at the Edge, with Scott Sanders (CGO of Forterra)

    25/03/2026 | 56 mins.
    Scott Sanders has seen the defense tech industry from just about every angle. As a Marine officer, he watched promising capability stall somewhere between a program office and the field. As an early employee at Anduril, he helped build one of the companies that bet it could do better.  

    Now, as Chief Growth Officer at Forterra, he's making that same bet on autonomous ground systems, a market that's been promised for years and is only now being put to the test. In this episode of Valley of Depth, we press Scott on what's actually working, what isn't, and where the hype is running ahead of the hardware.

     

    We get into:

    Why the gap between a cool tech demo and a real defense business is wider than most founders think

    What investors still fundamentally misunderstand about defense timelines and business model risk

    Why most defense startups won't become primes and what the ones that do have in common

    How Forterra is approaching autonomy, mesh networking, and distributed operations at the tactical edge

    What it looks like to actually get capability to operators, not just into a program of record

    The procurement dysfunction that everyone in the room knows about and almost no one fixes

     

    • Chapters •

    00:00 – Intro

    00:50 – Sun Valley

    03:14 – Scott’s time in the Philippines

    09:04 – Why Scott joined Anduril

    14:01 – Working with the government: then vs now

    17:34 – What investors should look for in defense tech

    20:27 – Forterra in 2022 vs 2026

    25:12 – Forterra’s products today

    26:39 – Autonomy-as-a-service model

    30:13 – Hardware and software

    32:36 – Commercial end users

    33:52 – Why acquire mesh networking from goTenna?

    37:27 – Current programs and contracts

    40:55 – Fully autonomous systems in contested environments

    44:30 – Hiring in a competitive defense tech industry

    47:25 – How many SVDG companies could become primes?

    47:52 – Exciting technologies for investors

    51:46 – Forterra in 7–8 years

    53:34 – What Scott does for fun

     

    • Show notes •

    Forterra’s website — https://www.forterra.com/

    Forterra’ socials — https://x.com/ForterraDrive=

    Mo's socials — https://x.com/itsmoislam

    Payload’s socials — https://twitter.com/payloadspace / https://www.linkedin.com/company/payloadspace

    Ignition’s socials — https://twitter.com/ignitionnuclear /  

    https://www.linkedin.com/company/ignition-nuclear/

    Tectonic’s socials  — https://twitter.com/tectonicdefense / https://www.linkedin.com/company/tectonicdefense/

    Valley of Depth archive — Listen: https://pod.payloadspace.com/

     

    • About us •

    Valley of Depth is a podcast about the technologies that matter — and the people building them. Brought to you by Arkaea Media, the team behind Payload (space), Ignition (nuclear energy), and Tectonic (defense tech), this show goes beyond headlines and hype. We talk to founders, investors, government officials, and military leaders shaping the future of national security and deep tech. From breakthrough science to strategic policy, we dive into the high-stakes decisions behind the world’s hardest technologies.

    Payload: www.payloadspace.com

    Tectonic: www.tectonicdefense.com

    Ignition: www.ignition-news.com
More Business podcasts
About Valley of Depth
Valley of Depth is a podcast about the technologies that matter — and the people building them. Brought to you by Arkaea Media, the team behind Payload (space), Ignition (nuclear energy), and Tectonic (defense tech), this show goes beyond headlines and hype. We talk to founders, investors, government officials, and military leaders shaping the future of national security and deep tech. From breakthrough science to strategic policy, we dive into the high-stakes decisions behind the world’s hardest technologies.
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