A quiet revolution is developing in the corridors of NATO headquarters in Brussels that will reshape the global defense industry for decades. The alliance’s commitment to spend 5 per cent of GDP on defense by 2035 appears, on its surface, to be another incremental increase in military budgets. Yet buried within the 1.5 percentage points of that target, representing hundreds of billions in annual spending, is committed for “broader defense” capabilities, with space and cyber warfare at its core. The market’s response has been swift as global investment in space startups surged to $3.1 billion in the second quarter, marking a 55 per cent increase from the previous quarter’s $2 billion. This represents the second-highest quarterly total on record, driven not by commercial satellite demand or space tourism, but by a fundamental recognition that warfare itself is migrating beyond Earth’s atmosphere. The interconnection that others are missing lies in the timing and scale of this convergence.