One year in, the Australia-United Kingdom-United States technology sharing agreement, or AUKUS, has yielded few discernible results. Although anchored by an ambitious effort to build nuclear submarines (SSN) in Australia, the agreement also includes technology exchange across a broad set of other areas from quantum computing and electromagnetic warfare to unmanned systems and hypersonic weapons. Analysts in and out of government are finding few paths to building Australian SSNs before the late 2030s. But AUKUS could accelerate other opportunities to create sovereign Australian power projection capabilities within the next decade, such as with bombers, long-range missiles, dual-crewed US-built SSNs, or large undersea or airborne uncrewed vehicles. Please join Hudson Institute Senior Fellow Bryan Clark for a discussion on these topics and more with Mark Gunzinger of the Mitchell Institute for Aerospace Studies and Marcus Hellyer of the Australian Strategic Policy Institute.