BENGALURU: Isro, Indian National Space Promotion and Authorisation Centre (IN-SPACe) and space PSU NewSpace India Limited (Nsil) have achieved a milestone by signing 75 Transfer of Technology (ToT) agreements with Non-Governmental Entities (NGEs) since the implementation of space reforms. The Centre announced the space reforms in mid-2020.
The latest batch of five ToTs was signed Friday, pushing the total count to 75.The agreements were inked with private companies including Anabond Ltd., Salvo Industries Pvt Ltd., Micropack Pvt Ltd., and Astra Microwave Products Ltd.
These agreements are part of a broader initiative to grant private players access to Isro’s advanced technologies, fostering innovation and commercial applications across various sectors, IN-SPACe said.
The technology transfer programme extends beyond space-related applications to areas such as agriculture, energy, infrastructure, defence, telecommunications, and cybersecurity.
Pawan Goenka, chairman, IN-SPACe, highlighted the significance of this achievement and said: “The milestone of 75 ToTs marks a significant step forward in empowering India’s space private sector. This reflects our effort at IN-SPACe in facilitating successful collaborations between Isro, Nsil and non-governmental entities, supporting them in driving innovation and contributing to the growth of a thriving space economy in India.”
The initiative aligns with India’s space reforms, which aim to boost private sector participation in the space industry. By encouraging collaboration between government agencies and private entities, the country seeks to accelerate innovation, expand its space capabilities, and strengthen its position in the global space ecosystem.
The latest batch of five ToTs was signed Friday, pushing the total count to 75.The agreements were inked with private companies including Anabond Ltd., Salvo Industries Pvt Ltd., Micropack Pvt Ltd., and Astra Microwave Products Ltd.
These agreements are part of a broader initiative to grant private players access to Isro’s advanced technologies, fostering innovation and commercial applications across various sectors, IN-SPACe said.
The technology transfer programme extends beyond space-related applications to areas such as agriculture, energy, infrastructure, defence, telecommunications, and cybersecurity.
Pawan Goenka, chairman, IN-SPACe, highlighted the significance of this achievement and said: “The milestone of 75 ToTs marks a significant step forward in empowering India’s space private sector. This reflects our effort at IN-SPACe in facilitating successful collaborations between Isro, Nsil and non-governmental entities, supporting them in driving innovation and contributing to the growth of a thriving space economy in India.”
The initiative aligns with India’s space reforms, which aim to boost private sector participation in the space industry. By encouraging collaboration between government agencies and private entities, the country seeks to accelerate innovation, expand its space capabilities, and strengthen its position in the global space ecosystem.
Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
