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The space technology sector is on the verge of a massive funding boom, according to Adam Niewinski, Co-Founder of OTB Ventures.
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…
