Starburst and ISpA team up to accelerate India’s space ecosystem
By MYBRANDBOOK
Starburst and the Indian Space Association (ISpA) are proud to announce a new strategic collaboration, dedicated to accelerating India’s burgeoning space industry and its integration into the global space ecosystem.
The expanding research and development landscape in India, marked by private sector-led initiatives and dual-use technology adoption, presents a fertile ground for entrepreneurship, particularly in the Defense and Space domain.
Starburst & ISpA share a vision of helping to ignite the emergence of a vibrant space ecosystem in India, facilitating enterprise creation & nurturing the rapid growth of innovative startups spinning out of the region.
The partnership between Starburst and Indian Space Association reflects the progress in the India-France Strategic Partnership in defense & space. Starburst’s entry into India also follows increased U.S.-India cooperation.
The partnership seeks to capitalize on research synergies to enhance sector investment. Specifically, it aims to collaborate on promoting investment and business opportunities, supporting space startups and entrepreneurship, advocating for policies, initiating joint research and development projects, and more.
"ISpA is looking forward to work with an ecosystem of accelerators to enable our space entrepreneurs to unleash their innovative potential in a focused manner so as to meet the requirements of an aspirational India. Towards this evolving a strong accelerator ecosystem dedicated to bringing market opportunities, funds, addressing cash flow challenges would be the most important target area for ISpA" mentioned ISpA’s Director General.
Lt Gen Anil Kumar Bhatt (Retd), Director General, Indian Space Association & Francois Chopard, Starburst’s CEO & Founder, formalized the collaboration with an official signing, held at Manekshaw Center, New Delhi on April 20, 2024.
“This marks the beginning of a long-term partnership between Starburst and ISpA. Together, we intend to build a powerful engine to drive the transformation of India’s space economy by creating startup clusters around India,” said François Chopard. “Starburst will equip local space startups with the necessary business tools to grow and scale their ventures to become future suppliers, attract external capital to de-risk investments, and accelerate development.”
Starburst and ISpA will work jointly to encourage the Indian space industry, including startups and Micro, Small, and Medium Enterprises as well as industry majors, to enhance research, expedite commercialization, and develop innovative solutions to meet defense capability requirements.
Microsoft to build a new data centre to support Thailand's tec
Microsoft has revealed intentions to construct a regional data centre as w...
SAP launches cloud services to help Indian scaleups innovate m
SAP at SAP unveils now "GROW with SAP for Scaleups," a new cloud service d...
Denodo and Sonata form alliance to unlock data-to-value creati
Denodo and Sonata Information Technology India Limited (SITL) have annou...
Google Play Store will now let users download two apps simulta
Google Play Store now lets users download two apps simultaneously. While a...
VVDN TECHNOLOGIES
BHARAT ELECTRONICS LTD.
DELL TECHNOLOGIES INDIA PVT. LTD.
BEETEL TELETECH LTD.
Technology Icons Of India 2023: Deepinder Goyal
Deepinder Goyal is the Founder and CEO of Zomato. Deepinder, or Deepi,...
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
Technology Icons Of India 2023: Shailender Kumar
Shailender Kumar is senior vice president and regional managing direct...
INDIANOIL helps reach precious petroleum fuels to every nook and corner of the country
IndianOil, a diversified, integrated energy major with presence in alm...
Leading company into fertilizers in the country
NFL is a dynamic organization committed to serve the farming community...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...
WPG C&C COMPUTERS & PERIPHERALS PVT. LTD.
WPG C&C Computers & Peripherals (India) was incorporated in 2008 and ...
REDINGTON INDIA LIMITED
Redington (India) Limited operates in the IT product distribution busi...