IN-SPACe Supports Indigenous Earth Observation Data
On Friday, Indian National Space Promotion and Authorization Centre (IN-SPACe) announced its support for indigenous earth observation (EO) data by non-government entities (NGEs). This innovative initiative will be conducted under a public-private partnership (PPP) model, with NGEs responsible for managing space-based EO systems and the ground segment.
During the 17th Australian Space Forum in Adelaide, a delegation from IN-SPACe represented Indian space startups and signed two Memorandums of Understanding (MoUs). The MoUs were related to in-orbit refuelling technology demonstration and the establishment of a platform for researchers and students to test and run their models.
This move underscores India's commitment to creating a self-reliant and sustainable EO system equipped with advanced imaging technologies. The partnership with private Indian entities aims to foster greater involvement of the private sector in various aspects of the space industry, bolstering India's space technology sector.
Moreover, this announcement aligns with the Indian government's efforts to boost space technology development through the allocation of a Rs. 1000 crore fund, as declared in the Space Budget 2024. The fund's objective is to amplify the space economy by five times and provide support to over 180 space technology startups. The Economic Survey 2023-24 highlighted noteworthy progress in India's space sector, showcasing successful contracts and collaborations with non-governmental entities.
In addition, the integration of space entrepreneurship into the 100-Cube startup initiative at IIT Bhubaneswar's Research and Entrepreneurship Park reflects a concerted effort to foster space entrepreneurship among school students. This move emphasizes the significance of startups and entrepreneurship for wealth generation, as noted by Shreepad Karmalkar, the director of the institute.
Overall, IN-SPACe's support for indigenous earth observation data by non-government entities represents a significant step forward for India's space industry, heralding new opportunities for partnerships and advancements in space technology.
Original article: https://timesofindia.indiatimes.com/city/ahmedabad/in-space-supports-indigenous-earth-observation-data-by-non-government-entities/articleshow/112072088.cms
