NewSpace is starting to brew in India. Space startups are doing everything from sending a rover to the Moon to claim the Google Lunar XPrize, building a satellite constellation in Low Earth Orbit (LEO) to provide internet from space to rural India, providing crop risk management and for making agriculture predictable and profitable. The question is how is this different from what the government is already doing with the space agency Indian Space Research Organsiation (ISRO)?
The answer is simply trying to do what NewSpace stands for. Building independent B2B, B2C solutions leveraging space/satellites as medium/tools to provide services. Of course, this is an ecosystem that is being supported by the presence of a vendor base, manpower base that has a combined experience of dealing with space for the past five decades.… Click here to read the complete article