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DeepNewz, mobile.
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India's space industry is experiencing a significant boost due to the involvement of startups that are leveraging technology to reduce the cost of rocket launches. This surge in innovation and cost-effectiveness is attracting substantial funding. The Indian Space Research Organisation (ISRO) is playing a crucial role by mentoring these startups and facilitating technology transfers. While ISRO is praised for its cost-effective projects, such as developing a moon launch vehicle for $70 million compared to the billion-dollar projects in the US, there are still significant risks involved in the private sector's space endeavors.
20 Soaring Aerospace Companies & Startups In 2024 Featuring: - @astroscale_HQ - @CesiumAstro - @AgnikulCosmos - @boomaero #startups #aerospace https://t.co/Ou2QLsLHXe
My column -- Broadsword -- in Business Standard today: "Private sector’s space lift-off" Space industry start-ups are gaining from Isro’s mentorship and technology transfer. However, significant risks remain. https://t.co/IHqEvcHw0g
Startups are giving India's space industry a boost with technology that aims to slash the cost of rocket launches, drawing a surge in funding. https://t.co/BuDEGhTnPw https://t.co/xAmhNLVsJ5