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INSPACe fund to help turn nascent space tech to commercial products

Summary by The Print

New Delhi, Feb 19 (PTI) India’s space promoter on Wednesday said it would fund the private sector to convert early-stage space technologies developed by them into commercially viable products. The Rs 500 crore Technology Adoption Fund (TAF), launched by the Indian National Space Promotion and Authorization Centre (IN-SPACe), aims to encourage development of space technologies […]

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The Print

INSPACe fund to help turn nascent space tech to commercial products

3 days ago·New Delhi, India

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newsindiatimes.com

India's space regulator launches $58 million fund to boost startups, cut reliance on imports

FILE PHOTO: India’s Polar Satellite Launch Vehicle (PSLV) C45, carrying Electromagnetic Spectrum Measurement satellite ‘EMISAT’ and 28 other satellites, lifts off from the Satish Dhawan Space Centre in Sriharikota, India, April 1, 2019. REUTERS/P. Ravikumar/File photo BENGALURU (Reuters) – The Indian National Space Promotion and Authorisation Centre (IN-SPACe) on Wednesday launched a 5 billion rupee ($57.58 million) fund to help early-stage spac…

2 days ago

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Payload

India Launches $58M Space Fund

The Indian government office charged with promoting the country’s space industry is investing ₹5B ($57.7M) to accelerate the country’s commercialization of space and drive more homegrown businesses to compete on the world stage. The Technology Adoption Fund, established by the Indian National Space Promotion and Authorization Centre (IN-SPACe), is focused on providing Indian space startups with the capital to move from early-stage technologies t…

2 days ago

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Analytics India Magazine

IN-SPACe Launches ₹500 Crore ‘Technology Adoption Fund’ to Accelerate India’s Space Sector

The Indian National Space Promotion and Authorization Centre (IN-SPACe) has launched the Technology Adoption Fund (TAF) to support the growth of India’s space technology capabilities, with a total funding of ₹500 crore. The fund aims to transition early-stage space technologies developed by Indian companies into commercially viable products, reducing the nation’s dependence on imported solutions. The TAF will provide financial support to non-gov…

3 days ago

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awazthevoice.in

India emerging a global leader in space, health, biotech: Jitendra Singh

India is no longer just a follower, but is emerging as a global leader in sectors like space, health, and bioeconomy, said Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, on Wednesday.

3 days ago

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IndianWeb2.com

IN-SPACe Launches Technology Adoption Fund to Accelerate India's Space Sector

Indian National Space Promotion and Authorization Centre (IN-SPACe) today announced the launch of the Technology Adoption Fund (TAF) to nurture and support the growth of India’s space technology capabilities. This fund is designed to support the transition of early-stage space technologies developed by Indian companies into commercially viable products. By providing partial funding to Non-Government Entities (NGEs), the TAF will support the tran…

3 days ago

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