In an interview to CNBC-TV18, Niewinski emphasised that while venture capital-backed space tech startups secured $6 billion in funding in 2024, the amount is poised to increase significantly in the near future.
“The number for 2024, it’s not that big. I believe it’s going to be much bigger soon,” Niewinski stated. He pointed out that space tech is as crucial as artificial intelligence, with both fields playing a vital role in…