What's the hard truth about building a space business?For years, the commercial space industry was defined by optimism. Lower launch costs, new investment, and ambitious founders created the belief that space companies could scale quickly. The reality has been far more complex.In this episode of the Cold Star Project, I sit down with Daniel Faber, founder of Orbit Fab, to discuss the hard lessons learned from building one of the commercial space industry's most recognized in-space logistics companies. We explore why commercial space moves more slowly than many expected, how government and private industry influence each other, what founders consistently underestimate, and what genuine success looks like in today's space economy.Whether you're building a startup, working in aerospace or defense, investing in emerging technology, or preparing for a career in the industry, this conversation offers practical insights that extend far beyond space.This conversation is especially relevant for:• Space and defense professionals• Startup founders and entrepreneurs• Aerospace engineers and technical leaders• Investors following the commercial space economy• College and university students interested in space, defense, and entrepreneurshipTopics include:• Building a commercial space business• Space entrepreneurship• Lessons from Orbit Fab• In-space logistics and orbital refueling• Startup execution and leadership• Venture capital and the commercial space economy• Government and commercial partnerships• Why hardware startups take longer than expected• Building companies in emerging industries• Advice for founders, engineers, and future industry leadersThe Cold Star Project features long-form conversations with leaders across the commercial space and defense industries, exploring strategy, entrepreneurship, operations, technology, and the future of national security.If you found this discussion valuable, please subscribe, leave a comment with your biggest takeaway, and share this episode with someone building the future of aerospace.ABOUT THE COLD STAR PROJECTThe Cold Star Project explores the technology, strategy, and economics shaping the future of space and defense.Executive Clarity Assessment: https://coldstartech.com/assessmentJason's latest Space industry book, for space startup founders - "The Evolution of Space Ownership": https://coldstartech.com/evospaceVISUAL MATERIALS AND ACKNOWLEDGEMENTSFair Use Disclaimer: https://coldstarproject.com/fairusePortions of this video reference the following works:NASA Image and Video Libraryhttps://images.nasa.govNASA Scientific Visualization Studiohttps://svs.gsfc.nasa.govOrbit Fabhttps://www.orbitfab.comLeoLabshttps://www.leolabs.spaceSelected visual materials include NASA imagery and video related to Earth observation, orbital operations, spacecraft assembly, mission control, the Space Communications and Navigation (SCaN) program, Space Launch System (SLS), and International Space Station operations.NASA images and videos are in the public domain courtesy of the National Aeronautics and Space Administration. NASA names, logos, insignia, and emblems remain protected under applicable federal law and NASA media usage guidelines.This program includes commentary, criticism, education, and analysis of the referenced material.REMUNERATION DISCLAIMERWe were not remunerated by the guest or their organization if any for this discussion. This show is for educational/commentary and entertainment purposes only and is not meant to be what is termed "professional advice".The Cold Star Project is sponsored in partnership by Cold Star Technologies and the Operational Excellence Society. Jason Kanigan is a member of the OpEx Society board of advisors.https://jasonkanigan.com