VCs are literally pouring money into spacetech now 😳

my friend from college, ex-Deloitte, just raised $1.4M to build actual satellites. not an app. not AI. literal satellites for navigation and communication. bro went from consulting decks to rockets.

idk man, indian startup scene has entered a different orbit. and it makes me wonder, are we finally at that point where deeptech is becoming the new SaaS for India? or is this just hype before reality kicks in?