Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense. He previously worked as a journalist in Taiwan for eight years, covering semiconductor supply chains, defense and geopolitics. Prior to that he was based in Shanghai for five years covering the technology and hospitality sectors. He is proficient in Mandarin Chinese and French. Matthew holds a Master of International Affairs from the School of International and Public Affairs at Columbia University and a BA in History from Kenyon College.
India has established a $58 million state-backed fund for space startups, the latest sign of its determination to become a major player in commercial space.
Analysts’ estimates of the exact amount of investment vary given that there is not a universal definition for what constitutes a defense technology startup.
