A new orbit for India: Startups, innovation propel space ambitions | Current Affairs | Vision IAS

Daily News Summary

Get concise and efficient summaries of key articles from prominent newspapers. Our daily news digest ensures quick reading and easy understanding, helping you stay informed about important events and developments without spending hours going through full articles. Perfect for focused and timely updates.

News Summary

Sun Mon Tue Wed Thu Fri Sat

A new orbit for India: Startups, innovation propel space ambitions

2 min read

India's Advancements in Space Sector

India's space sector has seen significant achievements recently, led by the Indian Space Research Organisation (ISRO). Notably, ISRO completed its 100th rocket launch from Sriharikota and successfully conducted space docking under the "SpaDeX" mission. This achievement positions India as the fourth nation to master space docking, following the United States, Russia, and China.

Historical Context and Global Competition

  • Space docking was first demonstrated by Russia in 1967, the US in 1975, and China in 2011.
  • These nations have also advanced in developing space stations, reusable spacecraft, space tourism, and low Earth orbit constellations.
  • Space exploration has become a competitive arena where countries vie for technological and geographical dominance.

Opening of India's Space Sector

The Indian government opened the space sector in 2020, leading to increased participation from over 200 startups.

  • Satellite launch vehicle POEM has been instrumental in testing payloads from startups.
  • Progressive advancements are reflected in POEM missions, with an increasing number of payloads from startups.

Government Initiatives and Support

  • Launch of 75 space-related iDEX challenges during DefExpo 2022.
  • Establishment of IN-SPACe to facilitate private sector involvement.
  • Creation of a Rs 1,000 crore venture capital fund and allocation of SBS-3 program satellites to startups.

Startup Innovations and Achievements

Startups are leveraging modular designs and commercial supply chains to build affordable LEO satellites.

  • GalaxEye achieved the first-ever fusion of synthetic aperture radar with optical imagery in orbit.
  • Pixxel's Firefly constellation aims to become a leading hyperspectral satellite network.
  • Startups are turning to both ISRO's POEM and international launch vehicles for satellite deployment.

Economic Growth and State Initiatives

India's space sector is projected to grow significantly, potentially reaching $100 billion by 2030.

  • State governments are implementing space sector policies to attract startups and promote geospatial applications.
  • Karnataka aims to secure 50% of the national market share in the space sector.
  • There is a growing demand for skilled talent, highlighting the need for more space technology education institutions.

Conclusion

India's space sector is at the cusp of a transformative phase, driven by a robust startup ecosystem and supportive government policies. The nation is on a path to becoming a global leader in the space economy.

  • Tags :
  • Space Sector
  • Space docking
Subscribe for Premium Features