
Find out the thoughts of host Maria Varmazis and producers Alice Carruth, Jennifer Eiben and Elizabeth Stokes on what the highlights in space were in 2025.
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You're listening to the N2K space network.
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As 2025 comes to a close, we decided to have a team catch up to talk through what the T minus highlights were in 2025 and what we're looking forward to in 2026. Happy Christmas Eve folks. T minus 20 seconds. Los. It is December 24, 2025, and it's our last live episode of the year. But don't worry, we still have great content to share with you over holiday period. Still, I couldn't let the date pass without catching up with the producing team here at T minus. And that team would be Alice Carruth, Jennifer Ivan, and Liz Stokes. And you know, here at T minus, we started our year in review tradition back in 2023 and it's when we chat about our favorite stories and events from the past year and then share our predictions for the big news, events and stories for the coming year. So without further ado, let's get into. So I've got Liz, Jen and Alice. It's very exciting to see you all here. Happy holidays. Good to see you all.
C
Good to see you too, Maria.
A
Thank you for having us. Speak at once.
D
Liz and Jen, thank you for having us. We're happy to be here.
E
Thank you. We were waiting our turn being so polite.
A
This is how I know I'm speaking to a group of producers. You all are being the consummate professionals and I'm just rattling on. So we are here to talk about 2025 and 2026 in a space context, things that we thought were pretty awesome from this past year and things that we are looking forward to in the coming year. So let's talk about the year that was. And Liz, I'm Going to start with you first.
D
Yeah.
A
Tell me your thoughts about what you thought was really awesome from 2025.
D
Oh, my. Maria. Oh, my. I mean, there was a lot that happened this past year and I think we all are kind of on the same page that it was a good year for T minus. It was a good year for N2K. It was a good year for space just in general. I mean, we got to talk to the one and only Dr. Cyan Proctor at the beginning of the year, which was amazing. We have different shows that we've been putting on with Nexus and Aegis Space Law and so those have been very exciting. Those are not any of what I chose was we, Maria and Alice and I got to see. Well, Alice, you've seen many of these, but Maria and I, first time ever, got to see a rocket launch, like it live in person. And it was amazing and incredible and it was probably my favorite moment at M2K, I think. Cause I got to experience it with you, Alice and Maria, and it was amazing.
C
This makes me so happy. I know I wasn't expecting a personal one. I feel like we birthed a baby space nerd.
D
Aw.
A
And you sang Rocketman and, like, knew all the lyrics. That was impressive.
D
Oh, my gosh. That. Honestly. Honestly. Here we go. Are you ready for this? This was one of my favorite episodes because our editor ended it with us singing Rocketman. And I. Like, I didn't think that it would be one of my favorite episodes because, you know, nobody likes to hear themselves sing.
A
But you're a good singer. I got it.
D
It was just.
C
You were.
D
I'm just glad I knew the words to an older song I was so proud of.
C
I just love how unplanned the whole event was. It was like we were in Florida. What an opportunity. Hey, look, guys, there's a launch going on. What do you guys think? Can we sneak away from the conference for the night? Not that we snuffed away, it really was in after hours, but what an incredible experience. And to watch the two of you at your first ever launch was just amazing.
A
It was definitely a bit of a life changing experience. I never thought I'd get a chance to see one living so far away from any place that launches anything and, you know, these things always scrub more than half the time. So I was like, yeah, there's no chance. And then we just got to see it and it was like nothing I ever would have expected. Liz, I love that that was what you chose. Was not expecting that, but like, that's really touching.
D
Oh, my gosh. It was amazing. First of all, it was at night, which I don't think anything's gonna be able to top that, because just being able to see the flame was incredible. I mean, and the rumbling, you could feel it in your chest. Like, I'm just saying, if nobody's ever seen a rocket launch, they need to go find one immediately because it was incredible.
A
Well, the good news is there are more and more launches happening all the time now, so there's more opportunities for people. So maybe when we go to spacecom next year, we'll get another shot. I'm hoping, fingers, all the fingers and toes crossed for that.
D
Oh, my gosh. That would be amazing.
A
That would be so great. Oh, my gosh. So get the team back together and do that again. All right. So, Liz, that is a heck of a way to start. Jen, can you top that?
E
Well, I will tell you, I actually had two favorite things, and that was my second favorite thing. So I just want to add on a second that experiencing that with you guys while remotely was amazing. You guys recorded it, and just to see the video and to hear your voices and to hear the catch in your throats, like, it was just. It gave me the chills, and I felt like I was experiencing it with you guys. And then when we played it on the show, it just really, really made my heart soar. So thank you so much for capturing that, too. It's more than just you guys doing it. It's that you shared it, like your voices were given to everybody, and it just means so much. It really made my heart fly. I just loved it.
C
Oh, my God, I love this.
A
I'm just so moved. I wasn't expecting. This is so moving.
E
It was wonderful. I mean, I loved it. I just.
C
I have it.
E
You know, I was. I even had it written down at the SpaceX Falcon 9 launch. You know, I had all the information so that I could talk about it, but. So my other favorite thing is, you know, for me, I've been following along with the Artemis mission, seeing things going forward, going backwards, you know, toward our next human landing on the moon. So I will out myself and the last human landing on the moon, I was alive, but I was not old enough to know anything that was happening. So I'm just really, really looking forward to see what happens with, you know, with Artemis iii. So I've been watching, you know, everything that's been happening. I love looking, you know, watching all the new astronaut classes coming in. There' so many things that are happening this year. That just. It just really is so exciting. And I'm really excited for NASA now to move forward with artists.
A
I love that. That's so awesome. Well, Alice, I'm gonna turn it to you. Cause Liz and Jen really just knocked it out of the park.
C
I don't know how do you top that? That's really set up the producer to fail. Okay, so. So I went back to our 2024 year in review. Cause we've been doing this now. This is our third year, Maria, which is amazing.
A
Hard to believe, I know.
C
So 2024, I said that I was looking forward to competition. And I have to say that has been my highlight of this year. Because we saw it. We've seen all of a sudden NASA saying, hey, let's reopen this bidding for this contract and let's have New Glenn come in and compete against SpaceX. And to me, that has been the highlight of the year. New Glenn. I mean, we were looking forward to it this time last year. Ever launch a New Glenn. We've now seen two of them. They've proven themselves above and beyond what people were expecting. And I think that, to me, has been an incredible thing to see. New Glenn plus others coming on board this year, new companies coming forward. I mean, just this last month we've seen a new commercial space station be introduced that's going to hopefully come on board. We're seeing great competition across the whole of the industry. And to me, that has been the highlight of 2025. We're, you know, space is so new still to the commercial industry, so we need to see this competition for it to thrive. And to me, that is just going to be what excites me moving forward. So go on there, Maria. I've been set up for failure and had to pivot to this one. So what is Your highlight of 2025?
A
Stump the host yet again. So I had a whole list of things thinking y' all would just peel through them all. And then you completely surprised me. So I got to do the thing that I thought was the obvious highlight from 2025 was Firefly's blue Ghost mission.
C
I knew you were gonna go with that.
A
I was like, everyone' to pick that one. Okay, so I get to say that. So for me, this was a really great opportunity for the world to understand that commercial space is actually not a complete pie in the sky thing. Like it's doing stuff. So Firefly, a private company, successfully landing a lander on the moon and doing the science and having a full, complete mission success. That was in March of 2025, which is hard to believe that it was like, not that long ago. To me, that was just an absolute watershed moment. Like, I cried tears of just total joy. And, you know, I think China is going to surprise all of us next year. I didn't want to get to 2026 too soon, but, yeah, they're going to surprise us, I think. But seeing that, you know, the American commercial space actor succeeding like that was just a really powerful moment. And seeing the commercial sector, like, finally doing what a lot of people have been hoping for literal decades of, like, showing that these incredible missions that we thought were only NASA's territory can be done. NASA and commercial space watershed moment. So I'm looking forward to a lot of that happening. But it's sort of a dovetail to your thing, Alice. So, yeah, same brain. Same brain composition is good.
C
Absolutely. And we saw that Blue Ghost, didn't we, when we were at Space Symposium as the mock up. And both of us were just.
A
Yeah, yeah.
C
We were so excited seeing it in person. It's a bit like seeing that vast mock up as well, of the Haven one. I think that's gonna be. When you've seen it and you've kind of had that experience of touc a mock up or seeing a launch, it just brings space to life. So I love the fact that Liz has talked about that first launch and it was yours too. And then we got to experience that, and then we get to see our first commercial lunar landing on the moon. Because, you know, even though you were technically alive, Jen, you don't remember it. None of us do. We've just gone back to, you know, records of it. So being able to see that and witness that in person is really quite a huge experience.
A
So now we've wrapped up 2025 and let's now pivot to 2026. But first, you know, regular listeners know that every day at the end of each episode of T Minus, I read the names of all of the people who work on the show. Names of people like Alice Carruth, Jennifer Ibin and Liz Stokes. It is a big team effort to get this show published every day. And you, dear listener, also play a very important role too. That's because every time you share an episode of T Minus with your colleagues or on social media, that not only helps us grow, but more importantly, it shows us how our work is useful and interesting to you. So if you enjoy T Minus, please don't keep us hidden. Share our show in your social media and professional networks, because that helps us grow and makes T minus even better every day. Thank you for being a part of the T minus crew. We'll be right back. This message may be shocking to many millennials. If you are one, you might want to sit down right now. Loads of people are searching the following on Depop. Low rise jeans, halter top, velour tracksuit, puka shell necklace, disc belt. You likely place these in the dark of your closet in 2004, never to be seen again. But if you can find it in yourself to dust them off, there are a lot of people who will give you money for them. Sell on Depop, where taste recognizes taste.
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A
Welcome back. So, in the previous part of this episode, we covered our thoughts on 2025. So what do we think is going to be the big news and events in 2026 for you, our team, and for space in general? Let's get into it. All right. Since I can't wait to talk about next year, why don't we go in the same order again? Liz, what are you thinking for next year? What are you looking forward to? What are you hopes and dreams or maybe fears?
D
No fears, only excitement. Oh, I love it, I gotta say. So we are heading to spacecom again in January, the end of January. We're very excited about it. And there's a special keynote speaker that is gonna be talking, giving the keynote speech there. And it is the one and only Bill Nye the Science Guy.
A
I love how you said it with the correct cadence. Bill Nye, the Science Guy. Yeah, you gotta do it that way.
D
You got it.
A
You got it. You're right.
D
And so, I mean, hopefully, hopefully, I don't know, fingers crossed, we might get to talk to him. That would be amazing if we can. But yeah, I mean, if, if we can't, just getting to see him down there would be incredible because he was such a pivotal point in my childhood. I mean, for any of anybody out there who's under the age of 30, represent. Okay. Because we all remember walking into science class those days where the teacher was just like, all right, we're going to watch a Bill Nye the Science Guy.
A
That number actually Goes up to around 45.
E
I agree, I agree.
D
Whatever it is.
A
Yeah, no, no, it's my childhood also, but I'm much older than you, so.
C
Everybody who would change even had Bill Nye the Science Guy influence them. That is why I think it's such a great opportunity for all of us. I think we're just going to be complete space nerds that go, you know, fangirl over him. Oh, my gosh, it's Bill Nye. And look, I'm totally not put off by these things, as Marie will attest. If I see somebody that I want to go and meet, I'm quite happy to wander over there and I will get a photograph with you.
A
That's why you're the producer of the show.
C
That's literally the night we did it to chat. We were at the space symposium a couple of years ago. So I am gonna make it my mission, Liz. We are going to meet Bill Nye the Science Guy and we are going to get.
D
If we do this again in 2026, talk about what we love and what has happened over the past. That would be. I'm already calling it, that's what's gonna happen for next strong in January. I'm really excited to hopefully meet him and just even get to hear him speak in person is gonna be incredible.
A
He's a great. I have been to some of his events when he's come up locally to do stuff. He's a great speaker, so. And especially the mission that he's gonna be talking about, like with the Planetary Society, it's gonna be a great speech. So fingers crossed about that one. Liz, I'm with you. I can't wait to talk to him. So I'm really hoping that that comes through. All right. So, Jen, I'm gonna move to you now. Hopes, dreams, fears, ambitions, anythings for 2026.
E
Like, Liz, I don't really think I have any fears. My hopes and dreams really are just, you know, just to live along with you guys. I have learned so much about the space industry just by listening to T minus and being, you know, present at your conversations. I just really, really enjoy that. And I really looking at, like, what Alice said, you know, just seeing what happens next as far as the competition. As far as, you know, this, it's not just a global space race, but it's also, you know, within our own country, you know, watching all the different companies coming and going and, you know, hoping that there are a lot more successes. Like this year, it was just such a great year. I love watching the launches with you guys virtually when we, you know, when we all tune in together. It's just so much fun watching it go through slack. So, you know, I really am excited to see, you know what, what's next.
A
Yeah. All right, Alice, over to you.
C
Oh, so this is a tough one. And I had to go with, you know, obviously, we're Artemis year. It's very exciting. I'm gonna let you go with that one, though, Maria. Cause I figured that was the one you were most excited about. Yeah, it's one of them, and I'm gonna have to go with the cliche is space data centers. I'm really excited to see that they are coming to the forefro right now in the whole space industry. And we've gone from thinking at the beginning of 2025, oh, this is a pipe dream, to all of a sudden having a first data center on the moon. Good job. To Lone Star and getting that up there. And I think we're going to see such a huge difference to absolutely everything here on the ground if we can get these space data centers up in the air. So that, to me, is going to be my highlight of 2026. What we see developing there, how many new companies are going to come online with that. So we'll see.
A
That is a very interesting pick. I was not expecting that, but I'm delighted that you picked that because that is a really good one. I think that is not just where the money is, but a lot of cool science is happening. So that's a very good pick, Alice. Nicely done.
C
You know why? It's because there's a data center that's being planned down the road for me. And honestly, I'm starting to think, is it a good idea that we're starting to plan one on the ground? I mean, we're going to need them on the ground. Don't get me wrong. I'm not so completely naive, but it's interesting to see how quickly we're moving to the idea of having them in space and how much that will then affect these data centers on the ground in the future. So, yeah, it's kind of forefront of my mind for me personally.
A
Yeah, I mean, necessity being the mother of invention, we'll see a lot of money gonna be going into developing these. So we'll see how quickly that will happen. And I know there's a lot of big hopes riding on these, so it's gonna be fascinating. Alice, that's a great, great pick.
C
So I'm guessing. I'm guessing yours is it Artemis, Maria.
A
So, I mean, I can't not say Artemis. So I did the thing where I had a whole list. I was like, people are going to pick these. And then none of y' all picked any of the things I put on my list. So I have to go with the obligatory.
C
Artemis 2 is happening in February.
A
Fingers crossed. I mean, I will be staying up late with my kid watching that. Because that while we will not be landing on the moon with Artemis 2, as Jen mentioned, that will be Artemis 3. Going around the moon with humans hasn't happened in my lifetime. So I'm a little bit excited about that. And by that I mean incredibly excited. I feel like I should mention at the time of this recording, Jared Isaacman just being confirmed as the NASA administrator. The hopes are sky high with him about what's gonna happen. That is where I'm cautiously optimistic, but a little scared. Cause he has a heck of a, heck of a challenge ahead of him. I am really nervous for the budgets for NASA, noaa, nsf, and all the cuts that have been happening. So I'm really hoping in 2026, now that we have at least a permanent administrator now of NASA, that we start seeing some good news on that front. Because there are definitely some changes needed. Certainly our guests have told us that many, many times. But I'm also worried about potential generational damage. So it's like, I'm laughing, but I'm scared. But, yeah, I really, really want Artemis to be a huge success. Competition is great. I think China is going to do some amazing things also in 2026. And I think with the Rubin Observatory that came online this year, we're gonna see some incredible findings from that as well. Just giving science a plug. It's been really cool seeing people excited about the Three Eye Atlas comet that people think is aliens. We're gonna see a lot more of that in 2026, thanks to Ruben. Maybe they're aliens. They're not aliens, but maybe they are aliens.
C
They're about as alien as I'm alien, should we say?
A
They will be interstellar, though. We will be seeing lots more of that. So I'm always excited when people get excited about science, even if it's for kind of funny.
C
Yeah, I like that. Now I'm gonna push that one as well. You know, 2026, I feel like we're really seeing an inflection point of people getting space all of a sudden. It's like the communications for the last 70 years have finally started to permeate and people are going, oh, yeah, Space, it's not such a waste anymore. We're all using satellites, we're all using it for communications. We're in financial transactions. I spent a lot of time, as you know, this last fall in Nebraska, and I couldn't get over how much the farming community just got, how important space was to what they're doing every day.
A
So it's the life of the. Maybe 20.
C
Yeah, maybe 2026 is gonna be the year that people just go, oh, yeah, space is everything. It's not this niche anymore that we laugh at that actually, it's really important to all of us in our everyday lives.
A
Especially if those data centers are going up in orbit. That's gonna be where a lot of stuff is happening. So let's see what happens. Any final thoughts, everybody? Cause this was. I think we've got a lot to look forward to in 2026. Anything anyone wants to add before we close out?
C
I just wanna say another plug to spacecom. We're very excited to be coming back and bringing the podcast there. And being the whole conference and recording lots of interviews is such a great opportunity for us to be able to chat with all the people that we've been talking to remotely. But also it's really great to be able to actually be on the floor and doing that. So, yeah, come meet us.
A
We loved meeting listeners last year. So come say hi, watch us record as we're doing our work. We are real people. We are not AI. So you can say hello and meet us and we would love to see you. So, yeah, the Dream Team will be back together in Florida end of January. So looking forward. Well, minus Jen, mind Jen, we'll have.
C
To bring like a Jen, like cartoon cardboard.
A
Cardboard.
E
Jen on a stick.
C
Jen on a stick.
A
An emotional support.
C
Jen on a Stick.
A
Yeah, that would be amazing. But looking forward to a wonderful year with all of you and another fantastic year of T minus. Thanks for all of your hard work in 2025, everybody. It's been a magical year and 2026 is going to be even better. So thank you.
E
Thank you.
A
And that's T minus, brought to you by N2K CyberWire. We'd love to know what you think of our podcast. Your feedback ensures we deliver the insights that keep you a step ahead in the rapidly changing space industry. If you like the show, please share a rating and review in your podcast app. Please also fill out the survey in the show notes or send an email to space2k.com we're proud that N2K CyberWire is part of the daily routine of the most influential leaders and operators in the public and private sector. From the Fortune 500 to many of the world's preeminent intelligence and law enforcement agencies, N2K helps space and cybersecurity professionals grow, learn, and stay informed. As the nexus for discovery and connection, we bring you the people, the technology, and the ideas shaping the future of secure innovation. Learn how@n2k.com N2K's senior producer is Alice Carouse. Our producer is Liz Stokes. We are mixed by Elliot Peltzman and Trey Hester with original music by Elliot Peltzman. Our executive producer is Jennifer Ivan. Peter Kilpe is our publisher, and I am your host, Maria Varmazes. I hope you have a wonderful holiday. A very merry Christmas if you're celebrating, and a very happy New Year. Thank you for listening. T minus.
E
One thing I was going to mention that I was hoping would come back in 2026 are jokes, you know, I didn't want. Oh, no, we should totally do it. We should bring it back.
C
Yeah.
E
Is that the jokes?
A
Yeah, I'm being overruled on that entirely.
C
So I always tell the joke to the kids. I'm like, why was six scared of seven? Because seven, eight, nine.
E
Yeah. Oh, there you go.
A
See, that makes me genuinely laugh.
C
Okay, maybe we should just. Maybe this is it. This is on a Friday. We could get the four of us together and I can tell you the rest.
A
And then Liz reacting to your joke is actually funny. And then we laugh at it.
D
Yeah, it is funny.
C
Genuinely love this Limu Emu.
A
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B
Only pay for what you need@libertymutual.com.
A
Savings. Very underwritten by Liberty Mutual Insurance Company.
B
And affiliates, excludes Massachusetts.
Podcast: T-Minus Space Daily
Host: Maria Varmazes, alongside Alice Carruth, Jennifer Ivan, and Liz Stokes
Episode: T-Minus Year in Review 2025
Date: December 24, 2025
This special year-end episode of T-Minus Space Daily brings together the core production team to reflect on the most significant space industry moments of 2025, their personal highlights, and what they're most excited for in 2026. The discussion is lively, heartfelt, and infused with genuine passion for space exploration and industry advancements.
“It was amazing and incredible and it was probably my favorite moment at N2K, I think. Cause I got to experience it with you, Alice and Maria, and it was amazing.” (04:02)
“Our editor ended it with us singing Rocketman... It was just... I'm just glad I knew the words to an older song I was so proud of.” (04:32, 04:51)
“To hear the video and to hear your voices and to hear the catch in your throats, like, it was just. It gave me the chills, and I felt like I was experiencing it with you guys. And then when we played it on the show, it just really, really made my heart soar.” (06:19)
“I love watching all the new astronaut classes coming in. There's so many things that are happening this year... I'm really excited for NASA now to move forward with Artemis.” (07:13)
“New Glenn... We’ve now seen two of them. They’ve proven themselves above and beyond what people were expecting. To me, that has been an incredible thing to see.” (08:34)
“Space is so new still to the commercial industry, so we need to see this competition for it to thrive.” (08:58)
“Firefly, a private company, successfully landing a lander on the moon and doing the science and having a full, complete mission success... That was just an absolute watershed moment. Like, I cried tears of just total joy.” (09:49)
“And there's a special keynote speaker... Bill Nye the Science Guy... Hopefully, I don't know, fingers crossed, we might get to talk to him. That would be amazing if we can. But yeah, I mean... just getting to see him down there would be incredible because he was such a pivotal point in my childhood.” (14:39–15:16)
“It's not just a global space race, but it's also, you know, within our own country, watching all the different companies coming and going... I really am excited to see, you know what, what's next.” (17:07)
“We've gone from thinking at the beginning of 2025, 'Oh, this is a pipe dream,' to all of a sudden having a first data center on the moon. Good job to Lone Star and getting that up there.” (17:58)
“Going around the moon with humans hasn't happened in my lifetime. So I'm a little bit excited about that. And by that, I mean incredibly excited.” (19:51)
“2026, I feel like we're really seeing an inflection point of people getting space all of a sudden. It's like the communications for the last 70 years have finally started to permeate and people are going, 'Oh, yeah, space, it's not such a waste anymore.’” (21:30)
Rocketman Episode:
“Our editor ended it with us singing Rocketman... I didn't think it would be one of my favorite episodes.” — Liz Stokes (04:32)
On Firefly’s Blue Ghost:
“I think China is going to surprise all of us next year... But seeing that, you know, the American commercial space actor succeeding like that was just a really powerful moment.” — Maria Varmazes (10:03)
On Bill Nye:
“We are going to meet Bill Nye the Science Guy...” — Alice Carruth (16:13)
On Data Centers in Space:
“I think we're going to see such a huge difference to absolutely everything here on the ground if we can get these space data centers up in the air.” — Alice Carruth (18:01)
Public Engagement:
“I'm always excited when people get excited about science, even if it's for kind of funny reasons.” — Maria Varmazes (21:23)
| Time | Segment Highlight | |-----------|-----------------------------------------------------| | 03:15 | Liz shares her rocket launch highlight | | 06:19 | Jennifer on the emotional impact of launch sharing | | 08:24 | Alice talks commercial competition and New Glenn | | 09:48 | Maria highlights Firefly’s Blue Ghost mission | | 14:39 | Looking ahead: Bill Nye at SpaceCom | | 17:07 | Jennifer anticipates further industry breakthroughs | | 17:58 | Alice on space-based data centers | | 19:51 | Maria on Artemis II and her space science wishlist | | 21:30 | Public perception inflection point (Alice) |
The conversation is collegial, enthusiastic, supportive, and occasionally humorous. The team’s camaraderie is clear, particularly in segments about their shared experiences and hopes to meet their heroes (“We are going to meet Bill Nye the Science Guy…”), and their willingness to laugh and reminisce about inside jokes (e.g., “Jen on a Stick”).
The T-Minus Space Daily team wraps up 2025 with gratitude for each other, their audience, and the rapid momentum in the space industry. All look forward to a 2026 defined by new milestones: Artemis II, burgeoning commercial space competition, the rise of space-based data centers, scientific revelations, and ongoing public engagement. Their blend of industry insight and personal enthusiasm makes this year-in-review both informative and uplifting for listeners of all backgrounds.