Home Tech news Isro To Support Space Startups With Incubation Programme

Isro To Support Space Startups With Incubation Programme

Follow us

Udit Agarwal
Startup/Tech News Correspondent, Responsible for gathering information on the tech companies working on IOT, AI, ML, Cloud, Mobile Technologies, Udit can be reached at [email protected]

In order to support the growing startups in India, Indian Space Research Organization (Isro) has announced its plans to set up incubators across the country to groom space startups. It will focus on startups building newer solutions in rocketry, communications satellites and applications leveraging remote sensing data.

This initiative will help Isro create a strong commercial ecosystem in the country to help the startups establish themselves and leverage their potential for commercial purposes.

Isro had previously engaged with several startups through its commercial arm Antrix Corps. The startup with which they had started engaged includes the Bellatrix Aerospace, a company building electric propulsion systems for satellites, Aniara Communications and Exseed Space, a part of a private consortium that assembles, integrates, and tests communications and remote sensing satellites, along with Satsure, an agri-analytics company.

Now that Isro is looking to incubate startups to help them scale and exploit global opportunities, it will also be considering taking a stake in those startups, but the decision on the model hasn’t been finalized yet.

Isro plans to open incubators in six cities, these are expected to be opened close to Isro’s facilities that are spread across the country. Kerala, the location of Isro’s rocket research facility, has expressed interest in an incubator. While, Karnataka, location for Isro’s headquarter, has already included support for space startups in its aerospace policy.

This initiative will help Isro further its goals of making satellite manufacturing hub, apart from launching them from its soil. It has been aimed to come into the community of private firms building remote sensing and communication infrastructure for services that include high-speed internet services in the remote parts of the world.

On a global scale, other space agencies have also been involved with startups to boost innovation. While European Space Agency’s (ESA) business incubation centre ESA Space Solutions has incubated more than 600 startups in the last 20 years, the US space agency NASA and UK space agency have also worked with a number of startups.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Stories

Eros Now announces a collaboration with Microsoft

Eros Now announces a collaboration with Microsoft to develop the next-generation online video platform

How IoT Healthcare Solutions are creating a Healthcare Revolution

Technology continues to amaze many by introducing effective solutions that otherwise seem impossible. One of the things...

How to Maintain a Home Security Camera

One of the reasons for purchasing a home security camera is to keep your property, possessions, and loved ones...

Cybereye to organise Asia’s largest conference in LoRaWAN

From smart agriculture to smart cities, Internet of Things has applications in every vertical. This revolutionary technology...

How Machine Learning Solutions Can Help Small And Medium Businesses

The field of machine learning analytics has completely transformed the traditional computing as machines are now capacitated...

8 Common Influencer Marketing Pitfalls, How to Avoid Them

Influencer marketing is the word marketing on steroids of yesterday. The web makes it possible for people just like...

IoT For Agriculture Shaping The Future Of Farming, India To Witness Remarkable Growth

It is no secret that the Internet of Things (IoT) is conquering every sector in its path....

More Articles Like This

Popular This week

Join our list

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

Join our list

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

Join our list

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.