ISRO leads the way for start-ups in Space-tech frontiers

ISRO leads the way for start-ups in Space-tech frontiers

Posted by P. Charitha on October 4th 2017

Thanks to organizations such as the Indian Space Research Organisation –ISRO  has been the main torch bearer for space technology innovation in India. But this could evolve if other  private players also join the fray. Speaking at a discussion in the Red Brick Summit (RBS) at IIM-A, ISRO Chairman Mr. A S Kiran Kumar said that tremendous opportunities are opening up with fast-evolving technology, and there is scope for collaboration between public and private sectors. 
"There is a big demand for location-based services and geospatial technology for applications such as vehicle tracking," said Kumar. "We provide data and computational facilities from centres such as Hyderabad for geospatial data, and from Ahmadabad for weather-related data — without the limitation for product generation. Inputs are available as data but solutions have to be found by entrepreneurs." He said that opportunities can be developed through alternate applications on the basis of hardware developed by ISRO. "Entrepreneurs can also look at solving a particular problem by inventing suitable technology," he said. "For example, a Bengaluru company is developing a new thruster technology for us." 
On the role that management students can play in space technology, Kumar said that there are two avenues: enter the technology development field and provide solutions to ISRO in terms of launch vehicles, satellites, etc; or make use of developed technology to provide it to consumers. "The younger generation is ready to take up challenging work despite high risks," he said. 
He said that the agency is trying to push the launch frequency to reduce gap between capacity and requirement. He also talked about a project in which ISRO is devising mechanism for Indian Railways to improve safety. During his presentation, Kumar gave a snapshot of India's journey into space through different missions and their outcomes. The Mars Orbiter Mission (MOM) is a success, completing 1,000 days in the Mars orbit in June this year and with satellite launch vehicles such as PSLV and GSLV have evolved over the years to meet requirements and future plans. 
With the global situation changing fast and new opportunities in research and development in space exploration  evolving,it’s now time for the private players to explore the new frontiers in the space technology! Source:Times of India


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