diff --git a/README.md b/README.md
index 6b74190..babdd16 100644
--- a/README.md
+++ b/README.md
@@ -150,6 +150,29 @@ newest value and its arrival time; `Watch` gives dynamic consumers (an HTTP
 handler, an SSE stream) latest-wins updates that may skip intermediate values
 but can never stall the publishers.
 
+Code outside the runtime can project a channel through the same constructor the
+runtime uses:
+
+```go
+updates := make(chan printerState, 1)
+latest := backplane.NewLatest((<-chan printerState)(updates))
+
+updates <- printing
+```
+
+The caller owns `updates`: `NewLatest` reads it but never closes it. Closing the
+channel projects any buffered values, retains the final one, and then closes all
+watchers. The projection runs asynchronously, so a completed send or close is
+not a read-after-write barrier for `Load`; wait for `Watch` when synchronisation
+matters. Passing a nil channel panics. `Latest` itself deliberately has no
+`Publish` or `Close` method, so passing it to a module does not also hand that
+module control of the source.
+
+Runtime-owned projections use a private one-value, latest-wins input so they do
+not add backpressure to the topic. Topic completion waits for that input to be
+drained, preserving the guarantee that `Load` sees the final accepted value
+after `Run` returns.
+
 ## What backplane is not
 
 - **Not a message broker** — no persistence, cross-process transport, or QoS.
diff --git a/doc.go b/doc.go
index 16bab53..acc9483 100644
--- a/doc.go
+++ b/doc.go
@@ -76,6 +76,8 @@
 // [Latest] is the deliberate boundary between streams and state: it retains
 // the newest value and its arrival time, and its watchers get latest-wins
 // delivery that may skip intermediate values but never backpressures the
-// topic. Use a subscriber when every value matters, a Latest when only the
-// current value does.
+// source. Use a subscriber when every value matters, a Latest when only the
+// current value does. The runtime projects topics through [NewLatest]; callers
+// outside the runtime can use the same constructor with a channel they own,
+// without gaining write or close methods on Latest itself.
 package backplane
diff --git a/example_test.go b/example_test.go
index 46f4223..80dd1c0 100644
--- a/example_test.go
+++ b/example_test.go
@@ -118,3 +118,17 @@ func ExampleLatest() {
 	// Output:
 	// printer-1 is idle
 }
+
+func ExampleNewLatest() {
+	updates := make(chan string, 1)
+	latest := backplane.NewLatest((<-chan string)(updates))
+
+	updates <- "ready"
+	close(updates)
+
+	for state := range latest.Watch(context.Background()) {
+		fmt.Println(state)
+	}
+	// Output:
+	// ready
+}
diff --git a/latest.go b/latest.go
index 3d19dc3..1146868 100644
--- a/latest.go
+++ b/latest.go
@@ -9,12 +9,49 @@ import (
 
 var latestProjectionType = reflect.TypeFor[latestProjection]()
 
-// latestProjection is the untyped view of a *Latest[T] used by the runtime to
-// detect the parameter, feed it values, and close it when its topic completes.
+// latestProjection is the untyped view used to recognise *Latest[T] during
+// signature inspection.
 type latestProjection interface {
 	messageType() reflect.Type
-	publish(value reflect.Value, receivedAt time.Time)
-	close()
+}
+
+// latestFactory bridges signature reflection back into a method where T is
+// known, allowing the runtime to use NewLatest rather than constructing or
+// mutating a projection through a second path.
+type latestFactory interface {
+	newLatest() (latestProjection, latestInput)
+}
+
+// latestInput is the runtime-owned write side of the channel consumed by a
+// Latest. It is deliberately private: modules only receive the projection.
+type latestInput interface {
+	offer(reflect.Value)
+	closeAndWait()
+}
+
+type typedLatestInput[T any] struct {
+	updates chan T
+	done    <-chan struct{}
+}
+
+func (input *typedLatestInput[T]) offer(value reflect.Value) {
+	update := value.Interface().(T)
+	select {
+	case input.updates <- update:
+	default:
+		// Runtime inputs hold one pending value. Replace it instead of
+		// backpressuring the topic; this projection is latest-wins by design.
+		select {
+		case <-input.updates:
+		default:
+		}
+		input.updates <- update
+	}
+}
+
+func (input *typedLatestInput[T]) closeAndWait() {
+	close(input.updates)
+	<-input.done
 }
 
 // Latest is a lossy, latest-wins projection of a topic: it retains the most
@@ -22,19 +59,46 @@ type latestProjection interface {
 // instead of <-chan T when it needs current state, or change notifications
 // that must never backpressure the topic.
 //
-// The runtime creates one Latest per topic and hands the same instance to
-// every module that declares it. The zero value holds no value and stays
-// empty forever; only the runtime populates a Latest.
+// The runtime creates one Latest per topic with [NewLatest] and hands the same
+// instance to every module that declares it. External callers can use NewLatest
+// to project a channel they own. Latest itself exposes no operation that can
+// publish a value or complete the projection. The zero value holds no value and
+// stays empty forever.
 type Latest[T any] struct {
 	mu         sync.Mutex
 	value      T
 	receivedAt time.Time
 	hasValue   bool
 	closed     bool
-	done       chan struct{} // created on first Watch, closed with the topic
+	done       chan struct{} // created by NewLatest or first Watch, closed with the source
 	watchers   map[chan T]struct{}
 }
 
+// NewLatest projects updates from a channel into a Latest. It starts a
+// goroutine that consumes updates until the channel closes. Each value is
+// timestamped when that goroutine receives it; closing updates closes every
+// watcher after all buffered values have been projected. NewLatest never closes
+// the supplied channel.
+//
+// Projection is asynchronous: a send or close returning does not by itself
+// guarantee that Load has observed the value. Use Watch when synchronisation is
+// required. NewLatest panics if updates is nil.
+func NewLatest[T any](updates <-chan T) *Latest[T] {
+	if updates == nil {
+		panic("backplane: NewLatest called with nil update channel")
+	}
+
+	latest := &Latest[T]{done: make(chan struct{})}
+
+	go func() {
+		for value := range updates {
+			latest.store(value, time.Now())
+		}
+		latest.close()
+	}()
+	return latest
+}
+
 // Load returns the most recent value, its arrival time, and whether any value
 // has been observed yet.
 func (l *Latest[T]) Load() (value T, receivedAt time.Time, ok bool) {
@@ -46,9 +110,11 @@ func (l *Latest[T]) Load() (value T, receivedAt time.Time, ok bool) {
 // Watch returns a channel that converges on the most recent value: the
 // current value (if any) is delivered immediately, and each newer value
 // overwrites any undelivered one, so a slow watcher misses intermediate
-// values rather than backpressuring the topic. The channel closes when the
-// topic completes or ctx is cancelled, whichever comes first. Watching after
-// the topic has completed yields the final value, then a closed channel.
+// values rather than backpressuring the source. The channel closes when the
+// source completes or ctx is cancelled, whichever comes first. For a runtime
+// projection the source completes with its topic; for a projection made with
+// NewLatest it completes when the updates channel closes. Watching after the
+// source has completed yields the final value, then a closed channel.
 func (l *Latest[T]) Watch(ctx context.Context) <-chan T {
 	watcher := make(chan T, 1)
 
@@ -91,18 +157,22 @@ func (*Latest[T]) messageType() reflect.Type {
 	return reflect.TypeFor[T]()
 }
 
-func (l *Latest[T]) publish(value reflect.Value, receivedAt time.Time) {
-	typedValue := value.Interface().(T)
+func (*Latest[T]) newLatest() (latestProjection, latestInput) {
+	updates := make(chan T, 1)
+	latest := NewLatest((<-chan T)(updates))
+	return latest, &typedLatestInput[T]{updates: updates, done: latest.done}
+}
 
+func (l *Latest[T]) store(value T, receivedAt time.Time) {
 	l.mu.Lock()
 	defer l.mu.Unlock()
 
-	l.value = typedValue
+	l.value = value
 	l.receivedAt = receivedAt
 	l.hasValue = true
 	for watcher := range l.watchers {
 		select {
-		case watcher <- typedValue:
+		case watcher <- value:
 		default:
 			// The watcher has an undelivered value: replace it. Nothing else
 			// sends on watcher, so after the drain the send cannot block.
@@ -110,7 +180,7 @@ func (l *Latest[T]) publish(value reflect.Value, receivedAt time.Time) {
 			case <-watcher:
 			default:
 			}
-			watcher <- typedValue
+			watcher <- value
 		}
 	}
 }
@@ -138,9 +208,11 @@ func latestMessageType(parameterType reflect.Type) (reflect.Type, bool) {
 	if parameterType.Kind() != reflect.Pointer || !parameterType.Implements(latestProjectionType) {
 		return nil, false
 	}
-	return newLatestProjection(parameterType).messageType(), true
+	projection := reflect.New(parameterType.Elem()).Interface().(latestProjection)
+	return projection.messageType(), true
 }
 
-func newLatestProjection(parameterType reflect.Type) latestProjection {
-	return reflect.New(parameterType.Elem()).Interface().(latestProjection)
+func newLatestProjection(parameterType reflect.Type) (latestProjection, latestInput) {
+	factory := reflect.New(parameterType.Elem()).Interface().(latestFactory)
+	return factory.newLatest()
 }
diff --git a/latest_test.go b/latest_test.go
index 1daa7c3..a6c41a2 100644
--- a/latest_test.go
+++ b/latest_test.go
@@ -26,6 +26,85 @@ func TestLatestZeroValueHoldsNothing(t *testing.T) {
 	}
 }
 
+func TestNewLatestRejectsNilUpdateChannel(t *testing.T) {
+	defer func() {
+		if recover() == nil {
+			t.Fatal("NewLatest accepted a nil update channel")
+		}
+	}()
+
+	backplane.NewLatest[int](nil)
+}
+
+func TestNewLatestProjectsChannelUpdates(t *testing.T) {
+	updates := make(chan int)
+	latest := backplane.NewLatest(updates)
+	defer close(updates)
+
+	ctx, cancel := context.WithTimeout(context.Background(), time.Second)
+	defer cancel()
+	watcher := latest.Watch(ctx)
+
+	sentAt := time.Now()
+	select {
+	case updates <- 42:
+	case <-ctx.Done():
+		t.Fatal("NewLatest did not receive an update")
+	}
+
+	select {
+	case got := <-watcher:
+		if got != 42 {
+			t.Fatalf("Watch() delivered %d, want 42", got)
+		}
+	case <-ctx.Done():
+		t.Fatal("Watch() did not deliver the channel update")
+	}
+
+	got, receivedAt, ok := latest.Load()
+	if !ok || got != 42 {
+		t.Fatalf("Load() = %d, %v; want 42, true", got, ok)
+	}
+	if receivedAt.Before(sentAt) || receivedAt.After(time.Now()) {
+		t.Fatalf("Load() arrival time = %v; want a time after the update was sent", receivedAt)
+	}
+}
+
+func TestNewLatestClosesAfterUpdateChannelCloses(t *testing.T) {
+	updates := make(chan string)
+	latest := backplane.NewLatest(updates)
+
+	ctx, cancel := context.WithTimeout(context.Background(), time.Second)
+	defer cancel()
+	watcher := latest.Watch(ctx)
+
+	select {
+	case updates <- "final":
+	case <-ctx.Done():
+		t.Fatal("NewLatest did not receive the final update")
+	}
+	select {
+	case <-watcher:
+	case <-ctx.Done():
+		t.Fatal("Watch() did not deliver the final update")
+	}
+	close(updates)
+
+	select {
+	case _, ok := <-watcher:
+		if ok {
+			t.Fatal("Watch() remained open after the update channel closed")
+		}
+	case <-ctx.Done():
+		t.Fatal("Watch() did not close with the update channel")
+	}
+
+	got, _, ok := latest.Load()
+	if !ok || got != "final" {
+		t.Fatalf("Load() = %q, %v; want final, true", got, ok)
+	}
+}
+
 func TestLatestRetainsTheFinalTopicValue(t *testing.T) {
 	type printerState string
 
diff --git a/topic.go b/topic.go
index 1f33937..6d441cc 100644
--- a/topic.go
+++ b/topic.go
@@ -5,7 +5,6 @@ import (
 	"reflect"
 	"slices"
 	"sync"
-	"time"
 )
 
 // topic carries every value published to one exact Go type from its
@@ -21,6 +20,7 @@ type topic struct {
 	inputs      []*publisherEndpoint
 	subscribers []subscription
 	latest      latestProjection
+	latestInput latestInput
 
 	mu        sync.Mutex
 	remaining int           // publisher endpoints not yet closed or returned
@@ -71,7 +71,7 @@ func (t *topic) addSubscriber(parameterType reflect.Type, moduleDone chan struct
 
 func (t *topic) addLatest(parameterType reflect.Type) reflect.Value {
 	if t.latest == nil {
-		t.latest = newLatestProjection(parameterType)
+		t.latest, t.latestInput = newLatestProjection(parameterType)
 	}
 	return reflect.ValueOf(t.latest)
 }
@@ -118,8 +118,8 @@ func (t *topic) pump(ctx context.Context) {
 			inputs = slices.Delete(inputs, chosen-2, chosen-1)
 		case cancelled: // cancellation interrupts delivery: drain and drop
 		default:
-			if t.latest != nil {
-				t.latest.publish(value, time.Now())
+			if t.latestInput != nil {
+				t.latestInput.offer(value)
 			}
 			cancelled = !t.deliver(value, contextDone)
 		}
@@ -151,10 +151,12 @@ func (t *topic) deliver(value reflect.Value, contextDone reflect.SelectCase) boo
 }
 
 func (t *topic) finish() {
+	// Finish the projection before closing subscribers so every observer agrees
+	// on the topic's final state when subscription completion becomes visible.
+	if t.latestInput != nil {
+		t.latestInput.closeAndWait()
+	}
 	for _, sub := range t.subscribers {
 		sub.channel.Close()
 	}
-	if t.latest != nil {
-		t.latest.close()
-	}
 }