The Indian Space Research Organisation (ISRO) has signed an MoU with Social Alpha to launch SpaceTech Innovation Network (SpIN).
- Social Alpha is a multistage innovation curation and venture development platform for science and technology startups.
About SpaceTech Innovation Network (SpIN)
- SpIN is India’s first dedicated platform for innovation, curation, and venture development for the burgeoning space entrepreneurial ecosystem.
- The tie up is one of akind public-private collaboration for startups and SMEs in the space industry.
- SpIN will primarily focus on facilitating space tech entrepreneurs in three distinct innovation categories: Geospatial Technologies and Downstream Applications; Enabling Technologies for Space & Mobility; and Aerospace Materials, Sensors, and Avionics.
- Innovative technologies are expected to bring a paradigm shift in utilising the space applications to maximise the economic, social, and environmental benefits for the larger society.