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Satellite Communications: However, satcom will likely be a small market for consumers like mobile services but will play a significant role in segments such as defence, aviation, maritime and government sectors. Startups will play a major role in creating and developing a set of new use cases for the satcom sector. ....
When Indian entrepreneur Awais Ahmed founded his satellite startup in Bangalore in 2019, his country was still a year away from opening the space industry to the private sector.- Modest budget - Prior to the 2020 opening up of the sector, "all Indian space activity was under the supervision of the ISRO space agency, which managed absolutely everything," said Isabelle Sourbes-Verger, an Indian space sector expert at France's National Scientific Research Centre. ....
There are now 190 Indian space start-ups, twice as many as a year earlier, with private investments jumping by 77 percent between 2021 and 2022, according to Deloitte consultancy. ....
Space Industry: There are now 190 Indian space start-ups, twice as many as a year earlier, with private investments jumping by 77 percent between 2021 and 2022, according to Deloitte consultancy. ....
Companies that were primarily vendors to Isro have started warming up to the idea of investing in technology and making bigger bets in the space sector, especially after the success of the Chandrayaan-3 mission ....