US-China rivalry spurs investment in space tech
The race to get back to the moon is fuelling US investment in private sector space firms.
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The race to get back to the moon is fuelling US investment in private sector space firms.
Elon Musk's Starlink expected to receive approval to offer services in India, pending final meeting this month.
Potential last-minute issues could still cause delays. Once the GMPCS license is secured, additional approvals from government departments and the Department of Space will be required before Starlink can officially accept orders and proceed with operations. Other companies, including OneWeb, Jio, and Jeff Bezos' 'Project Kuiper,' are also expected to enter the Indian market.
Temasek-backed Vertex Ventures has raised $541 million to mark the final close of its Fund V, which will also focus on investing in women-led startups.
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