Indian Space Research Organisation (ISRO) Chairperson S Somanath on Thursday said about 100 start-ups were registered with them and were working closely in various domains of the space sector.
Addressing a plenary session on Thursday here at the Bengaluru Tech Summit 2022 on ‘R&D of India – Innovation for Global Impact’, the chairman said ISRO had signed MoUs with companies to work closely which included handholding in space technology and building processes from the start to finish. He said a significant number of companies have the potential to become big players in the space sector and ISRO is playing the role of facilitator and helping in building technologies. He said out of 100 start-ups, at least 10 of them were working on developing satellites and rockets.
Somanath announced that Chandrayaan III mission would be in orbit in a few months, adding that ISRO is working closely with NASA in space technology areas. He said the computer that was used in the rocket was made in India.
In his brisk presentation, he said space tourism has picked in the world with start-ups evincing interest in various applications which impact the day-to-day activities. He said ISRO is playing an important role in smart city projects and smart manufacturing processes.(ANI)