This area is about spaceship challenges. These are:

challenge 1 - defeat the thug ships
wave 1 - 25 ships
wave 2 - 25 ships

When you finish the waves, you get a transmission. It's a collect call from the ninja to the thug leader. The Ninja fires the thug. You trace the message to Canal City.

challenge 2 - 30 space wasps in 2 minutes
Prize: 5500 bolts
Fly at the mass of red and just circle in the group shooting. It's pretty straightforward.

challenge 3 - fight ace thug ships
Prize: 6500 bolts
10 ships - use missiles wisely and barrel roll

challenge 4 - race through asteroids
Prize: 8000 bolts
traditional follow the ring trail tho these are nice and sparkly. It lteads through two asteroid tunnels adn so on - counts rings you missed and ends the race if you miss too many.

Ratchet and Clank 2 Going Commando Walkthrough