Space tech start-ups take wing
The Morning Standard|January 22, 2023
Govt in 2020 initiated space sector reforms, formed IN-SPACe to boost space economy
UMA KANNAN
Space tech start-ups take wing

NOVEMBER last year, when space tech start-up Skyroot Aero space successfully launched the country’s first privately made rocket --- Vikram-S -- they probably triggered a revolution of sorts in the country’s space technology sector.

The space sector, which until not long ago remained inaccessible to the private sector, is all set for an overhaul, helped by the government.

Just around the time when Skyroot became the country’s first private sector player to launch a rocket in space, another start-up Agnikul Cosmos also test fired its 3D-printed rocket engine. Many more to follow in 2023.

The government in June 2020 initiated space sector reforms and established the Indian National Space Promotion and Authorisation Centre (IN-SPACe) to boost the space economy within the country. In June 2022, IN-SPACe was formally inaugurated.

IN-SPACe Chairman Pawan Goenka at Bengaluru Tech Summit held in November said there is a tremendous opportunity in the space sector and that the Indian government is hand-holding the space start-ups.

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