IN-SPACe

Technology Adoption Fund: India’s opening of the space sector to private players has been aggravated by one motive – to grow our space sector both technologically as well as commercially while reducing our dependence on imports for various space activities. Today, IN-SPACe has taken a significant step in this regard. I’m delighted to announce the launch of the Technology Adoption Fund (TAF) for enabling industry to transform early stage R&D or innovations into viable commercial outputs. The fund will offer financial support of up to 60% of the project cost for startups and MSMEs, and 40% for larger industries, with a maximum funding cap of ₹25 Crores per project. With such an expenditure module, the fund will help innovators effectively navigate the road from early-stage development and commercialization. This support will enable companies to refine their technologies, enhance production processes, and meet market demands both within India and abroad, while significantly reduce the financial risk with Government funding. Our focus is on enabling practical solutions that can be quickly integrated into the space ecosystem. With Vikshit Bharat taking charge and India’s projections for a USD 44 billion space economy by 2033, TAF is one such initiative that would help India reduce import-dependence and promote domestic research and development. IN-SPACe is also committed to offer technical guidance and mentoring opportunities to startups under the fund. IN-SPACe ISRO - Indian Space Research Organization

IN-SPACe, in collaboration with NRSC ISRO - Indian Space Research Organization, is organizing a virtual workshop on "Bhuvan NextGen: Enabling the Geospatial Economy" on February 3, 2025, from 10:00 Hrs. to 13:00 Hrs. The workshop will explore how Bhuvan NextGen is expanding the geospatial ecosystem and unlocking economic opportunities across sectors, in alignment with the National Geospatial Policy (NGP) 2022. Experts will provide insights into the capabilities of the Bhuvan Geo-Portal and Web Services, the latest value-added geospatial products and services, and the commercial opportunities available for NGEs. This session offers a valuable opportunity to understand how geospatial technology is transforming industries and creating new avenues for innovation and growth. To participate in this workshop please register here: https://lnkd.in/gSn5mXRJ Pawan Goenka

Huge congratulations to Dr. Pawan Goenka on being awarded the Padma Shri! This prestigious honor recognizes your outstanding contributions the Indian space and automotive industry and your visionary leadership in shaping the future of commercial space sector. #PadmaAwards

An interesting article by Dr Pawan Goenka Chairman IN-SPACe on: How strategic vision and innovation is boosting India’s space economy. Please click link below to read the same: https://lnkd.in/enc_p4ZS Pawan Goenka

IN-SPACe is pleased to announce the Assam Space Application Adoption Workshop in collaboration with Assam State Space Application Centre to revolutionize how we leverage space technology for efficient governance and societal development. The workshop Objectives are to: - Demonstrate space data solutions tailored for Assam's geographical landscape - Demonstrate Space-Tech applications & NGE capabilities across agriculture, disaster management, urban development, forestry, border management and other relevant areas. - Create a collaborative platform for problem-solving and innovation - Accelerate adoption of Space Tech solutions for the Assam Government through joint projects and solution development. The event is scheduled as : - 📅 Date: January 29, 2025 - 🕙 Time: 09:15 Hrs. – 17:30 Hrs. - 📍 Venue: Assam Water Centre, Guwahati An opportunity for NGEs to interact with the user departments for project proposals discussion is also planned on January 30, 2025 from 10:00 - 13:00 Hrs. The registration link for the workshop is: https://lnkd.in/gtRbYJ3w Physical presence is highly recommended to maximize networking, interaction and collaboration opportunities. Pawan Goenka

IN-SPACe is glad to announce signing of MoU with Semi-Conductor Laboratory (SCL), Ministry of Electronics & Information Technology, to collaborate for the development of indigenous semiconductor design and manufacture capability among the Indian space industries. Through this MoU, we aim to empower Indian space industries, start-ups, and academia by fostering skill development and promoting innovation in semiconductor design and manufacturing. India’s local capabilities shall be leveraged to strengthen the semiconductor manufacturing ecosystem. This collaborative endeavour is a step towards realizing self-reliance in space technology, contributing to the nation's broader technological and economic goals. It will also offer an opportunity to test and fly indigenously developed SCL products viz. processors and electronics, etc. on the NGE mission. The development comes amidst recent space sector reforms and wider participation of private sector in space activities. We are confident of bringing significant changes in the domain of indigenous semiconductor design and manufacturing. Pawan Goenka

The Indian space sector is poised for significant growth, with the potential to generate $44 billion in revenue by 2033, contributing ~8% to the global space economy. This ambitious goal requires a substantial investment of ~$22 billion to drive innovation, expand manufacturing capabilities, and accelerate the development of new space technologies. To foster this growth, IN-SPACe, in partnership with IIMA Ventures, is launching "InveSt Space," a unique platform designed to connect promising space-tech startups with a network of over 50 carefully selected Indian investors. This initiative aims to bridge the gap between the sector's vision and the necessary investment to realize its full potential. To facilitate access to finance "InveSt Space is being held on January 17, 2025 from 11:00 AM at IIM Ahmedabad New Campus, Ahmedabad, Gujarat. Who should attend InveSt Space: 🌌 Gain insights into the global and Indian space economy. 🚀 Explore segments like Launch Systems, Satellite Manufacturing, Ground Stations, Space Applications, and In-orbit Services. 💡 Learn from early investors’ perspectives on the space sector. 🤝 Network one-on-one with investors and VCs eager to explore opportunities in space-tech. Join us at this unique event to build strong partnerships and drive the growth of India’s space sector. The registration link for in-person participation: https://lnkd.in/dXB25Suk The registration link for virtual participation: https://shorturl.at/3paN7    Pawan Goenka #IN-SPACe #IIMAVentures #SpaceTech #ISRO #SpaceStartups #Investors #IndiaSpaceTech #Innovation #SpaceEconomy

IN-SPACe in association with ISRO and Academia is pleased to announce registration for yet another unique Short-Term Skill Development Course on “Space Law, Policy, Economics and Benefits”. This unique course is designed for the benefit of NGEs and Academia to provide the participants with basic understanding of the evolving legal and regulatory framework governing space activities. For registration and further details, please visit www.inspace.gov.in Pawan Goenka #SpaceLaw #SpacePolicy #SapceEconomics #SkillDevelopment

IN-SPACe in its endeavor to promote use of space technology organised a planery session during National Symposium on Remote Sensing for Sustainable Future: A Roadmap for Vikshit Bharat by #ISRS at Lucknow. During the session twelve promising Indian space stratups presented their capabilities in downstream applications covering various aspects including precision agriculture, water management, edge computing etc. Nice to see the enthusiasm of UP State Government officials in promoting the use of space technology for the benefit of common man. Additionally, an impressive space startup pavilion is planned by IN-SPACe during the symposium. #AgCane #ARMS4AI fab'rik #HarvestGlobal GalaxEye Meerut Institute of Engineering and Technology(MIET) mistEO SatSure Suhora @VassarLab TakeMe2Space Pawan Goenka

The Indian National Space Promotion and Authorization Centre (IN-SPACe) has been officially recognized as Awarding Body and Assessing Body (Dual Category) by the National Council for Vocational Education and Training (National Council for Vocational Education and Training (NCVET), MSDE, Government of India), Ministry of Skill Development & Entrepreneurship, Government of India. This recognition empowers IN-SPACe to award NCVET certificates to trainees completing NCVET-approved qualifications developed by IN-SPACe. This marks a significant milestone in advancing skill development in the space sector. The recognition allows IN-SPACe to deliver specialized training programs across critical areas of space technology, including but not limited to: ·      Essentials of Satellite Manufacturing ·      Space Technology in Agriculture ·      Mission Design and Avionics Development for Launch Vehicles ·      Orbital Mechanics, Attitude Dynamics, and Navigation ·      Advances in Propulsion Systems for Space Missions ·      Space Data Products and Services Pawan Goenka ISRO - Indian Space Research Organization National Council for Vocational Education and Training (NCVET), MSDE, Government of India MSDE Skill India