We study spaces of natural transformations between homogeneous functors in
Goodwillie’s calculus of homotopy functors and in Weiss’s orthogonal calculus. We
give a description of such spaces of natural transformations in terms of the
homotopy fixed point construction. Our main application uses this description in
combination with the Segal Conjecture to obtain a delooping theorem for
connecting maps in the Goodwillie tower of the identity and in the Weiss tower
of BU(V ). The interest in such deloopings stems from conjectures made
by the first and the third author [Filtered spectra arising from permutativecategories, J. Reine Angew. Math. 604 (2007) 73-136] that these towers provide a
source of contracting homotopies for certain projective chain complexes of
spectra.