The graying mandarins of the space industry participate in a little-known extreme sporting event: the quadrennial World Radiocommunication Conference. That groan emanating from your regulatory counsel’s office means that we are now officially in the run-up to the monthlong treaty-making forum where your company’s use of spectrum will be disputed among 191 governments. What may not be obvious is that in a scant 18 months, the industry has an opportunity to deliver itself of a spectrum stimulus that will keep companies up and down the mobile satellite value chain in business for years to come.