Jeff Bezos – ‘Won a lottery with Amazon’ and want to use it fund my dream of an expansive human race working in space via creating an infrastructure for space economy today. Amazing parallels are drawn between internet and space on creating the underlying infrastructure.
We have taken over two decades to reap the real benefits of internet infrastructure in India. What should be our approach to space?
NewSpace is a movement of space entrepreneurs investing/getting backing private capital to create space products and services which are primarily targeted at B2B, B2C markets. This is different from traditional folks who target government mostly as their customer and try to hold the government as an anchor customer for them to kick-off and run their business.
The NewSpace India team has been a part of a new crowdsourced venture on tracking NewSpace companies around the world. HERE is an archive of 100s of NewSpace companies being tracked with different verticals (launch, satellite, analytics, etc.) across different geographies. Today there is evidence that there are more than 1000 NewSpace companies around the globe that have been kicked-off in the last 10 years.… Click here to read the complete article
The Indian Space Research Organisation is on a roll. From launching 104 satellites on a single rocket to aiming to spin off industry led ventures in building satellites and rockets, the momentum of space activities in the country is picking up.
We want to ask you your thoughts and recommendations on what ISRO/Policy makers can do to take space activities to the next level. To start off, here are some recommendations we’ve collected talking to some experts.
Establish a yearly independent study on the size of the space economy. Our interactions with institutional investors highlighted that they have no clue in figuring out what is the size of the markets in India in making their investment decisions.
With six decades of experience in exploring space for the benefit of its citizens, India has emerged as a major spacefaring nation with self-reliant capacity to undertake planetary and interplanetary missions. Having built up these capabilities while journeying through the most trying circumstances, India today stands at the crossroad: it can maximise its gains and build on its potential to build complex space missions. Several strategies are open for India’s policymakers, both short-term and long-term, to expand the utilisation of space assets and increase the overall size of the country’s space economy.
‘Space 2.0 India – Commerce, Policy, Security and Governance Perspectives’ gives insights by providing a glimpse into the past, while it connects with the present and delivers perspectives on the future dimensions of India’s space programme.… Click here to read the complete article
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
The fifth edition of the biennial Bangalore Space Expo, organised by the Indian Space Research Organisation (ISRO), its commercial arm Antrix Corporation Limited and Confederation of Indian Industry (CII) between 1 – 3 September 2016, saw delegates from 12 countries are attending the event. The event recorded an attendance of over 3200 business visitors besides with France as a partner Country for the first time.
On the opening day, Chairman ISRO said that the country has a constellation of 34 satellites on earth observation, communication, navigation, and other space sciences at the moment. However, he remarked that “this is significantly short, and we need to at least double the number of satellites to give reasonable service to the country.… Click here to read the complete article
India set a trend in exhibiting its space prowess to the international community by kicking off Asia’s only focused exhibition on Space Technologies, Products and Innovations in the form of the Bangalore Space Expo in 2008.
This year, the fifth edition of the Space Expo is scheduled from 1-3 September 2016 at BIEC, Bengaluru, India, will be showcasing the latest technological advancements, related products, and technical services while providing a platform for space agencies, specialists, entrepreneurs and space industry heavyweights to display their visions.
It may seem strange that when a government cancels a potentially scandalous contract in order to restrict possible losses to the exchequer, it still ends up paying.
And yet, this exactly what is happening with the continuing fallout of the controversial Antrix-Devas deal. As of Tuesday, two international arbitration mechanisms have ruled against the Indian government over the way it cancelled a contract between Antrix Corporation (ISRO’s commercial arm) and telecommunications firm Devas Multimedia.
The first arbitration outcome – which was conducted by the International Chamber of Commerce – resulted in the Indian government receiving a fine of nearly Rs. 4,500 crore ($672 million) for unilaterally terminating the contract with Devas.… Click here to read the complete article