London is the beating heart of global finance. Its banks, insurers and investors command influence far beyond our shores; its centers of research generate ideas of world-class quality. Yet when it comes to national security, which to a great extent depends on space, the city has largely remained on the sidelines. Its reservoirs of capital are deep, but its attitude towards defense is hesitant. This has to change.

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Air Marshal Andrew Turner CB CBE, former Deputy Commander of the Royal Air Force and a key figure in the creation of UK Space Command, is CEO of Space4Sight and sits on industry advisory boards, including at NewSpace Capital.

Mark Wheatley is the founder of Delano Wheatley Consulting, a multi-stream advisory business which guides clients on matters from strategy to sensitive senior recruitment, and a sister company DWC Technology. He also serves as a local politician in the...