Space Technology Startups

OpenAI is in early talks to raise new funding at a valuation at or above $100 billion, making the firm one of the most valuable startups in the world, and second to Elon Musk's Space Exploration Technologies in valuation in the US, according to CBInsights data.

Amazon Web Services (AWS) has signed a memorandum of understanding with ISRO and IN-SPACe to support space-tech innovations through cloud computing. It plans to give space startups, research institutes and students access to cloud technologies through AWS Activate for new solutions in the space sector.

The Central government will soon launch an information technology server and IT hardware production linked incentive (PLI) scheme, and also offer additional incentives for manufacturers that incorporate Indian-designed intellectual property into their products, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday.

Microsoft CEO Satya Nadella on Thursday highlighted the crucial role of the developer community in creating products and solutions to transform organisations, stating that Indian innovation was transforming the lives of people around the world. Nadella, who is visiting India after three years, also met with Prime Minister Narendra Modi and External...

Microsoft and the Indian Space Research Organisation (ISRO) on Thursday announced a new partnership to help support space technology startups in the country. As part of the new collaboration, space tech start-ups identified by ISRO will be onboarded onto the 'Microsoft for Start-ups Founders Hub platform', which supports start-ups at every stage of...

The Indian Space Research Orgnisation (ISRO) has for the first time supplied a rocket system to support a private launch vehicle built in the country. Chennai-based space technology startup Agnikul Cosmos received its first flight termination system (FTS) on November 7 from ISRO.

Space technology startups have seen a fall in venture capital investment, as investors evaluating their investment strategies and focussing on companies with viable products in the market. Investments have fallen as VC backers turn to safer bets due to the current economic turmoil caused by decades-high inflation, rapidly rising interest rates and ...

The Indian startups would soon launch space satellites as well as satellite constellations and try their rockets, the Union Minister for Science and Technology Jitendra Singh said. He added that the space reforms have unleashed the innovative potentials of startups.

The next Rocket that ISRO builds after the GSLV-MK3 could be a reusable rocket, said ISRO Chairman S Somanath. The space agency has been working on various technologies including the Inflatable Aerodynamic Decelerator (IAD). By combining the new technologies, the space agency would like to join hands with industry, startups and its commercial arm ...

The Indian Space Promotion and Authorisation Centre (IN-SPACe) has started authorising Indian private firms, marking the beginning of private space sector launches in India.

Yamaha's Moto Business Service India (MBSI) has partnered with Bengaluru-based Malbork Technologies to foray into the 4-wheeler EV segment. MBSI provides services to tech startups that focus on the shared mobility space in the country.

The Department of Space (DoS) has entered into a Framework MoU with aerospace startup Agnikul Cosmos for access to ISRO facilities and expertise towards the development and testing of subsystems/systems of space launch vehicles.

It was an historic week for India's technology industry. In the space of four days, the country minted at least six new startups with a valuation of $1 billion or more.

Elon Musk, the world's richest man, is donating $100 million toward a prize for the "best carbon capture technology."

A team of scientists at Riga Technical University is working on technology that could one day stop asteroids from smashing into Earth. The high-precision timers being built by hand in the lab of Latvian startup Eventech are currently being used to track satellites.

OpenAI is in early talks to raise new funding at a valuation at or above $100 billion, making the firm one of the most valuable startups in the world, and second to Elon Musk's Space Exploration Technologies in valuation in the US, according to CBInsights data.

Amazon Web Services (AWS) has signed a memorandum of understanding with ISRO and IN-SPACe to support space-tech innovations through cloud computing. It plans to give space startups, research institutes and students access to cloud technologies through AWS Activate for new solutions in the space sector.

The Central government will soon launch an information technology server and IT hardware production linked incentive (PLI) scheme, and also offer additional incentives for manufacturers that incorporate Indian-designed intellectual property into their products, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Tuesday.

Microsoft CEO Satya Nadella on Thursday highlighted the crucial role of the developer community in creating products and solutions to transform organisations, stating that Indian innovation was transforming the lives of people around the world. Nadella, who is visiting India after three years, also met with Prime Minister Narendra Modi and External...

Microsoft and the Indian Space Research Organisation (ISRO) on Thursday announced a new partnership to help support space technology startups in the country. As part of the new collaboration, space tech start-ups identified by ISRO will be onboarded onto the 'Microsoft for Start-ups Founders Hub platform', which supports start-ups at every stage of...

The Indian Space Research Orgnisation (ISRO) has for the first time supplied a rocket system to support a private launch vehicle built in the country. Chennai-based space technology startup Agnikul Cosmos received its first flight termination system (FTS) on November 7 from ISRO.

Space technology startups have seen a fall in venture capital investment, as investors evaluating their investment strategies and focussing on companies with viable products in the market. Investments have fallen as VC backers turn to safer bets due to the current economic turmoil caused by decades-high inflation, rapidly rising interest rates and ...

The Indian startups would soon launch space satellites as well as satellite constellations and try their rockets, the Union Minister for Science and Technology Jitendra Singh said. He added that the space reforms have unleashed the innovative potentials of startups.

The next Rocket that ISRO builds after the GSLV-MK3 could be a reusable rocket, said ISRO Chairman S Somanath. The space agency has been working on various technologies including the Inflatable Aerodynamic Decelerator (IAD). By combining the new technologies, the space agency would like to join hands with industry, startups and its commercial arm ...

The Indian Space Promotion and Authorisation Centre (IN-SPACe) has started authorising Indian private firms, marking the beginning of private space sector launches in India.

Yamaha's Moto Business Service India (MBSI) has partnered with Bengaluru-based Malbork Technologies to foray into the 4-wheeler EV segment. MBSI provides services to tech startups that focus on the shared mobility space in the country.

The Department of Space (DoS) has entered into a Framework MoU with aerospace startup Agnikul Cosmos for access to ISRO facilities and expertise towards the development and testing of subsystems/systems of space launch vehicles.

It was an historic week for India's technology industry. In the space of four days, the country minted at least six new startups with a valuation of $1 billion or more.

Elon Musk, the world's richest man, is donating $100 million toward a prize for the "best carbon capture technology."

A team of scientists at Riga Technical University is working on technology that could one day stop asteroids from smashing into Earth. The high-precision timers being built by hand in the lab of Latvian startup Eventech are currently being used to track satellites.