India's space program has come a long way from transporting rocket parts by bicycles to now competing at the forefront of the global space economy. The country's space tech sector is experiencing exponential growth, set to reach a market opportunity of over 77 billion USD by 2030, with a 10% share of the global space economy. The Indian government's decision to open up the space sector to private companies in 2021 marked a turning point, facilitating rapid innovation and unlocking new market opportunities. The sector is now home to over 200 space tech companies. With a bright future ahead, the space tech sector in India is poised for continued success, driven by innovation, entrepreneurship, and government support. #SpaceTech #Space #ISRO #Future #IndianNationalCommitteeForSpaceResearch #INCOSPAR Read the full article here - https://lnkd.in/gYsG86yr Bhaskar Majumdar | Anil Joshi | Bikram Mahajan | Ratun Lahiri | Chhavi Dang | Bhagyashree Rana | ISRO | Dhruva Space | AgniKul Cosmos | Pixxel | Astrogate Labs | OrbitAID Aerospace | NewSpace India Limited (NSIL) | Prof Dr Amarendra Sahoo
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Did you know that there is a growing number of private-sector players in the Indian space industry? ISRO is synonymous with India’s space industry today, for its prowess and position on the world stage. But in the past few years, a lot of private companies and start-ups have come up to add value and foster innovation in the country. Here’s a quick rundown of some of the top players: Skyroot Aerospace: Founded in 2018, Skyroot is working on developing a range of small satellite launch vehicles. Their mission is to make space access more affordable and reliable. Their launch vehicles are named after the pioneer of the Indian space program, Vikram Sarabhai, and had their first successful launch in 2022. Bellatrix Aerospace: Founded in 2015, Bellatrix specializes in developing advanced propulsion systems for space missions. They are working on innovative chemical propulsion technologies to enhance the efficiency and performance of satellites. AgniKul Cosmos: Agnikul is another emerging player in the Indian space industry, focusing on small satellite launch vehicles. Their Agnibaan rocket is designed for dedicated launches of small payloads, aiming to provide flexible and cost-effective solutions. Dhruva Space Limited: Founded in 2012, the company is engaged in the development of small satellites in the commercial, governmental, and academic markets. It raised close to 123 crores in Series A funding last year. Check out the full video to know the complete story - https://lnkd.in/dJGUG32Z And also, don't forget to follow The Ripple Effect, for your daily dose of The India Story.
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#opinion | For some years, there has been a systematic effort towards evolving India’s private space sector. At present, apart from the Indian Space Research Organisation (#ISRO), there are two more agencies, that are known to be responsible for carrying forward the business agenda of the Department of Space (DoS) and they are #NewSpace India Limited (#NSIL) and the Indian National Space Promotion and Authorisation Centre (IN-SPACe). In addition, Hindustan Aeronautics Limited (#HAL) and several industrial stakeholders including startups could be viewed as a part of India’s space setup. In 2023, the Indian #SpacePolicy was announced, which educates the roles of all these three organizations. It could be viewed as India’s ‘statement’ towards expanding its space sector and enhancing capabilities through increased private involvement. ISRO - Indian Space Research Organization | NewSpace India Limited (NSIL) | Hindustan Aeronautics Limited #ISRO #FDI #Space #spacesector #InSpace https://lnkd.in/getmQpAE
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🚀 #IndiaJoinsSpaceElite India’s bold initiative to launch 50 satellites by 2028 marks a defining moment in space history. Witnessing India’s ascent in the global space race, i fondly remember my childhood dream of becoming a space scientist (someday) !! With this leap, India will become the fourth nation, after the United States, Russia, and China, to have over 50 satellites in orbit. Currently, the US leads with over 2,500 satellites, followed by China and Russia with over 400 and 170 satellites, respectively. India’s entry into this exclusive club signifies a major technological leap and strategic advancement. This expansion is not just about quantity; it’s about enhancing India’s capabilities in geo-intelligence, national security, and technological prowess. It’s a dream come true for every aspiring space scientist and a proud moment for India on the global stage. Do share this proud indian moment ! Its a big one ! #SpaceTech #ProudMoment 🌌🇮🇳🛰️
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🇮🇳 #India's Bold Leap Towards #Space Sovereignty 🚀 👩🚀 👨🚀 #India is setting its sights on becoming a space superpower with the launch of its own space station: #BharatiyaAntariksha. The country plans to deploy its first module by 2028, aiming for full completion by 2035... This ambitious project will place #India among an elite group of nations, alongside #Russia and the #US alongside with #Europe and #China, that have successfully developed and operated their own space stations. In 2008, former President of India APJ #AbdulKalam, a visionary in science and technology, played a pivotal role in advancing India's space initiatives, notably with the Chandrayaan-I, first Indian #lunar mission, which launched on October 22, 2008. I had peronaly the tremendous opportunity to attend an online official #conference by him at the École Militaire Interarmes in Paris, a defining moment that profoundly shaped my vision of Indian technological innovation! His insights, along with the growing enthusiasm for space programs already shown by Narendra Modi, then Chief Minister of #Gujarat, left a lasting impression on me. Today, the vision of Narendra Modi, actual Prime Minister, recently articulated with the #BharatiyaAntariksha initiative, exemplifies India's relentless drive to lead in cutting-edge space exploration. As part of the #Gaganyaan program initiated in 2018, India is now preparing for its first human spaceflight mission in low Earth orbit. It clearly testify the nation's ambition in space. With Bharatiya Antariksha, #India's position as a global leader in space technology will be even strenghtened. This is not just a technological feature but a testament to the resilience, innovation, and forward-thinking nature of the Indian people. The sky is no longer the limit! #India #Space #Spacestation ISRO - Indian Space Research Organization Source of the video : CNN News 18
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India, a key player in space exploration, is witnessing a transformative shift with increased involvement of the private sector. Historically reliant on ISRO for space endeavors, India is now experiencing a surge in private initiatives, driven by government reforms. Startups like Skyroot Aerospace, co-founded by former ISRO scientist Pawan Chandana, are at the forefront of commercialising the nation's space sector. As per the reports SkyRoot is planning to send people in Space inspired by Elon Musks idea of sending people to Marsh. Having successfully launched India's first private rocket in 2022, Skyroot Aerospace is gearing up to deploy India's inaugural privately launched satellites with its Vikram-1 rocket. With ambitious national goals like establishing a space station by 2035 and sending an Indian astronaut to the moon by 2040, India's space aspirations are soaring. Skyroot Aerospace aims to capitalise on the burgeoning small satellite market by offering customised launches, paving the way for innovative space solutions. However, challenges lie ahead. While India is now home to nearly 200 space startups, securing profitability remains a hurdle. Despite raising substantial funds, demonstrating consistent orbit reach is essential for scaling operations. As Indian space startups mature, collaboration with the government is expected to drive further growth, enabling India to compete globally. However, adequate funding from the Indian government is crucial for sustaining momentum and rivalling global space markets, emphasising the need for continued support and investment. https://lnkd.in/drZbqvsv #SpaceExploration #IndianSpaceProgram #PrivateSpaceInitiatives #SkyrootAerospace #ISRO #SpaceStartups #SpaceTechnology #CommercialSpaceflight #SpaceInnovation #SpaceIndustry
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Exciting times for India's space ambitions, and Tamil Nadu's rise as a global space hub! Thrilled to share that the foundation stone for the Kulasekaranpattinam Spaceport in Tamil Nadu was today laid by Prime Minister Modi. This new launchpad is a game-changer, poised to propel Tamil Nadu to the forefront of the global space industry. Here's what makes this project so significant: Increased launch capacity: Kulasekharapattinam will serve as India's second spaceport, significantly increasing the nation's ability to launch satellites and other spacecraft. Focus on small satellites: The launchpad is specifically designed for launching Small Satellite Launch Vehicles (SSLVs), catering to the growing demand for smaller, more cost-effective satellites. Economic and job opportunities: The project is expected to generate significant economic benefits for the region, creating numerous job opportunities in various sectors. This is a momentous occasion for India's space program, and I'm especially excited for the potential it unlocks for Tamil Nadu's emergence as a global space hub. #KulasekharapatnamSpaceport #ISRO #SpaceTech #India #TamilNaduSpaceHub
Kulasekarapattinam Will Bring Big Change in Space Industry: Former ISRO Director
etvbharat.com
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In 1979, it was the first time India used a homegrown launch vehicle to put a satellite into space. 🛰 When Dr. APJ Abdul Kalam took on the role of Project Director for SLV-3, India’s first satellite launch vehicle, he wasn’t an expert in every aspect of rocketry. In fact, the team faced immense challenges, from technical failures to budget constraints. The pressure was intense, and the stakes were high, this was a mission that would either put India on the map in space technology or set it back by years. The first launch attempt in 1979 was a failure. ❌ The satellite couldn’t be placed in orbit, and the project seemed to be on the brink of collapse. But instead of giving up, Dr. Kalam and his team used this failure as a learning experience. 💯 They analyzed every detail, figured out what went wrong, and kept pushing forward. In July 1980, after countless hours of work and relentless determination, the SLV-3 successfully launched the Rohini satellite into orbit, marking a significant achievement for India’s space program. 🚀 Dr. Kalam's experience with SLV-3 teaches us that expertise isn’t built overnight. You don’t need to have all the answers to begin. You just need the willingness to learn, adapt, and keep going, even when the journey is tough. Have you ever faced a challenge that required you to keep moving forward, even without all the expertise? #believeinyourself #DrApj #BeYourself #youcandoanything #mindsetiseverything #positivemindset #apjabdulkalam
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India’s share of the global space market is about $8 billion, a measly two per cent. The Indian National Space Authorization Centre has set a target to increase this to 8% by 2033 and 15% by the 100th year of Independence. The government believes that the key to this is the increased participation of the private sector, especially the larger players. However, despite the success of the Chandrayaan-3 mission and the introduction of a space policy in April 2023, a host of factors seem to make investment in the space sector a cautious prospect for private players. #chandrayaan3 #spaceexploration #spacetech #spaceindustry #space #isroindia #isro #startup ISRO ISRO - Indian Space Research Organization Deloitte Sreeram A. Bengaluru Tech Summit IT BT Department, Karnataka
Govt wants private sector to invest in space; companies wait to see commitment from govt
thehindu.com
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Revolutionizing Space Access: Space Zone India’s RHUMI-1 Pioneers Reusable Rocket Technology Introduction: In the ever-expanding realm of space exploration, innovation is the key to progress. The latest buzz in the Indian space sector revolves around Space Zone India, a promising startup based in Tamil Nadu, and its ambitious project, RHUMI-1. This revolutionary rocket, equipped with reusable technology akin to SpaceX's pioneering efforts, is poised to redefine satellite launches in India. Let's delve deeper into this groundbreaking development and its implications for the country's space endeavors. A Leap Forward in Indian Space Technology: RHUMI-1 stands as a testament to India's burgeoning prowess in space technology. Designed as a demonstrator, this rocket embodies a significant leap forward in the nation's space capabilities. Its innovative design, coupled with a reusable mechanism, holds the promise of transforming the landscape of satellite launches in India. Unlike traditional expendable rockets, RHUMI-1 offers a cost-effective and environmentally sustainable solution to accessing space. Read more: https://lnkd.in/g2uhuKtd #NewSpaceVentures #RocketTechInnovation #SpaceDisruption #CubeSatDeployment #CommercialSpace #SustainableSpace #SpaceTechAdvancements #LowCostLaunches #SpaceStartups #AerospaceEntrepreneurs #SpaceZoneIndia #RHUMI1 #ReusableRocket #IndianSpaceStartup #TamilNaduSpaceIndustry #SatelliteLaunches #AerospaceEngineering #SpaceExploration #InnovationInSpace #SustainableSpace
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🚀 India's space odyssey is at a transformative juncture, reflecting decades of growth and recent strides in the private sector. 🛰️ From #INCOSPAR in 1962 to #ISRO's Mars triumph in 2013 and the 2023 #Chandrayaan-3 launch, the journey has been steady. Notably, private players have fueled a surge in startups, growing from one in 2014 to over 190 in 2023, attracting over $200 million in investments. 🛰️ Excitingly, startups like Dhruva Space and Bellatrix Aerospace are set to launch payloads via ISRO's Polar Satellite Launch Vehicle in 2024. The government's Indian Space Policy 2023 provides a strategic framework, acknowledging the sector's vital role. ISRO's global collaborations, technology transfers, and supportive initiatives for academia highlight its pivotal role. As India's space ecosystem matures, fostering collaborations, addressing satellite imagery insights gaps, and boosting private player participation will be key for sustained growth, writes George Skaria: https://bit.ly/3NJBv90 #SpaceExploration #IndiaInSpace #Isro #SpaceEconomy #PolicyMatters
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