\"<p>Though
Though a funding squeeze at Indian startups continues , the space technology based firms are set for a roll due to the policy. According to the Delhi-based association, India’s space technology startup industry has received a cumulative investment of $250 million in the last 2-3 years, and a slowdown in funding is unlikely. India has over 100 space startups.<\/span><\/figcaption><\/figure>NEW DELHI: The Indian Space Association (ISpA) has asked the government to clearly spell out foreign direct investment norms for the sector to help attract global investors since details on that front are yet to be announced, while startups expect funding in them to create global standard companies.

After opening the doors to private entities for undertaking end-to-end activities in the sector, the Central Government's space policy<\/a>, however, became silent on its position on FDI in the Indian space industry<\/a>.

“We are waiting for the FDI policy to also come which will further incentivise these fundings coming from abroad. Even some kind of government support would be welcomed by the space industry,\" Lt. Gen. AK Bhatt, Director General, ISpA, told ETSatcom.

The Indian Space Association is an industry body for domestic space and satellite manufacturing companies.

He said the policy augurs well for the all-round development of the space industry be it for established companies or Startups. .

\"The
Indian Space Policy<\/a> 2023 will pave the way for wider participation of non-government entities, including space technology startups<\/a>, in satellite communications (satcom<\/a>), satellite manufacturing and ground station establishment and other domains\".

“...even before the policy (was announced), the government and the Department of Space and ISRO have been giving sanctions to start-ups on a case-to-case basis through IN-SPACe for either launching a rocket or manufacturing a satellite and testing it,” Bhatt stated adding, \"so that has already been going on.”

Indian National Space Promotion and Authorisation Centre (IN-SPACe) is a single-window, independent, nodal agency to enable and facilitate the participation of private players.

The policy clearly delineated the roles of each space organisation.

ISRO, as the national space agency, will now focus primarily on the research and development of new space technologies and applications and on expanding the human understanding of outer space and will carry out applied R&D of newer systems so as to maintain India's edge in the sector in the areas of space infrastructure, space transportation, space applications, capacity building and human spaceflight.

It will transition out from the existing practice of being present in the manufacturing of operational space systems.

IN-SPACe will function as an autonomous government organisation, mandated to promote, handhold, guide and authorise space activities in the country.

In all dimensions of space communication, space including remote sensing, SSA (space situational awareness), now startups can operate and work, Bhatt added.

The new policy, announced on April 20 says non-governmental entities (NGEs) shall be allowed to undertake “end-to-end activities in the space sector through establishment and operation of space objects, ground-based assets and related services, such as communication, remote sensing, navigation”.

It allows private low-earth orbit (LEO) and medium-earth orbit (MEO) satellite constellation operators to launch their space broadband services in the country.

According to Bhatt, the Department of Space has been providing all the required support to space start-ups.

Read also<\/h4>
<\/a><\/figure>
New space policy OKs LEOs\/MEOs to offer satcom services, silent on FDI<\/a><\/h5><\/div>
<\/a><\/figure>
IN-SPACe role clarity to help speed up key clearances, but spectrum allotment mode crucial: Satcom industry<\/a><\/h5><\/div><\/div><\/div>
Space technology startups expect boom time amidst funding crunch in general
<\/strong>
Though a funding squeeze at Indian startups continues, the space technology-based firms are set for a roll due to the policy. According to the Delhi-based association, India’s space technology startup industry has received a cumulative investment of $250 million in the last 2-3 years, and a slowdown in funding is unlikely. India has over 100 space startups.

\"India has tremendous potential to leverage ISRO’s expertise and experience for its private ecosystem. We’ll see many more space companies being created that can compete globally,” said Awais Ahmed, CEO, of Bengaluru-based
Pixxel<\/a>, a hyperspectral imagery space technology startup.

“With clarity around policy, more investors in India and abroad will likely invest more money into space technology startups. More companies will come up,” Ahmed said.

Chennai-based
Space Kidz<\/a> India said that the government of India has been actively encouraging the development of the space industry through the Indian Space Research Organisation (ISRO), IN-SPACe, and NewSpace India Limited (NSIL).

“...provisions that allow for greater FDI in the spacetech sector could be particularly beneficial for startups. This could provide them with access to larger amounts of capital and expertise from global investors and partners,” Srimathy Kesan, Founder, Space Kidz India, told ETSatcom.

Kesan added that regulatory support in the form of streamlined licensing and permitting processes can reduce compliance costs and make it convenient for startups to operate in this sector.

“Funding in the form of government grants, loans, and venture capital can provide startups with the necessary capital to invest in research and development, manufacturing, and marketing,” she said.

“We have startups in all domains. In the global space economy, more money is in the applications. And as more and more startups work in the domain of applications, more and more use cases and opportunities can be there,” said Bhatt.

In the downstream segment, he added, space startups can take data from Indian or international companies, including open-source platforms, to create an application suited for a specific scenario.

For instance, Bengaluru-headquartered space technology startup GalaxEye will launch its first multisensor satellite in Q1 2024 and eventually have a constellation of 15 satellites, its co-Founder and CEO Suyash Singh told ETSatcom. In December 2022, it raised $3.5 million in a seed round.

“We are intending to build a micro-satellite that will go into space and perform imaging of the Earth's surface across the globe. We want to identify anomalies in infrastructures such as utilities, oil and gas pipelines, agriculture and aquaculture domains as well. We want to produce satellite imagery to help industries make the right decisions,” Singh said.

The senior ISpA official also believes that Space Technology Parks (STPs) could widen the scope for collaborations amongst space technology startups with expertise in various domains.

“A space park becomes an incubator where they can collaborate and also have testing facilities.”

As per ISpA, Gujarat, Tamil Nadu, Telangana, and Kerala have been working to develop space parks, as well as Uttar Pradesh. “These space parks will really help startups because they will have the readily available infrastructure.
<\/body>","next_sibling":[{"msid":99671467,"title":"IN-SPACe role clarity to help speed up key clearances, but spectrum allotment mode crucial: Satcom industry","entity_type":"ARTICLE","link":"\/news\/portal-in-portal\/satcom\/in-space-role-clarity-to-help-speed-up-key-clearances-but-spectrum-allotment-mode-crucial-satcom-industry\/99671467","category_name":null,"category_name_seo":"portal-in-portal\/satcom"}],"related_content":[],"msid":99687198,"entity_type":"ARTICLE","title":"Pvt companies seek clarity on FDI norms in new space policy, startups expect more funds from investors","synopsis":"\u201cWe are waiting for the FDI policy to also come which will further incentivise these fundings coming from abroad. Even some kind of government support would be welcomed by the space industry,\" Lt. Gen. AK Bhatt, Director General, ISpA, told ETSatcom.","titleseo":"portal-in-portal\/satcom\/pvt-companies-seek-clarity-on-fdi-norms-in-new-space-policy-startups-expect-more-funds-from-investors","status":"ACTIVE","authors":[{"author_name":"Ashutosh Kumar","author_link":"\/author\/479254781\/ashutosh-kumar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479254781.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479254781,"author_name":"Ashutosh Kumar","author_seo_name":"ashutosh-kumar","designation":"Digital Content Producer","agency":false}}],"analytics":{"comments":0,"views":619,"shares":0,"engagementtimems":2916000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2023-04-22 13:34:38","lastupd":"2023-04-22 13:34:40","breadcrumbTags":["space policy","Satcom","Prime","Industry","space technology startups","Space Kidz","Pixxel","spacetech startups funding","Indian Space Policy","Spacetech Startups"],"secinfo":{"seolocation":"portal-in-portal\/satcom\/pvt-companies-seek-clarity-on-fdi-norms-in-new-space-policy-startups-expect-more-funds-from-investors"}}" data-authors="[" ashutosh kumar"]" data-category-name="" data-category_id="" data-date="2023-04-22" data-index="article_1">

Pvt企业寻求明确外国直接投资在新太空政策规范,公司期望更多的资金从投资者

“我们正在等待外国直接投资政策也将进一步激励这些资金来自国外。甚至一些政府支持将航天工业的欢迎,”中将AK Bhatt,总经理,当前,告诉ETSatcom。

Ashutosh库马尔
  • 更新于2023年4月22日下午01:34坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士
< p >虽然继续在印度创业资金紧缩,基于空间技术的公司正在为一卷由于政策。德里协会称,印度的太空技术创业产业已收到累计投资2.5亿美元在过去2 - 3年,和放缓的资金是不可能的。印度有超过100创业空间。< / p >
虽然在印度创业资金紧缩的继续,基于空间技术公司正在为一卷由于政策。德里协会称,印度的太空技术创业产业已收到累计投资2.5亿美元在过去2 - 3年,和放缓的资金是不可能的。印度有超过100创业空间。
新德里:印度空间协会(当前)已经要求政府清楚地阐明外商直接投资规范以来部门帮助吸引全球投资者在这方面细节尚未公布,尽管初创公司预计资金在其中创建全球标准的公司。

打开门后,私人实体进行端到端活动的部门,中央政府太空政策然而,成为沉默的立场上外商直接投资在印度空间行业

“我们正在等待外国直接投资政策也将进一步激励这些资金来自国外。甚至一些政府支持将航天工业的欢迎,”中将AK Bhatt,总经理,当前,告诉ETSatcom。

印度空间协会是一个行业组织对国内空间和卫星制造企业。

他说,政策前程似锦的全面发展航天工业是建立公司或创业。。

印度太空政策2023年将为更广泛的参与非政府实体,包括空间技术创业公司在卫星通信(卫星通信)、卫星制造和地面站建立和其他领域”。

“…之前的政策(宣布),政府和部门的空间和ISRO给初创企业在案例的基础上通过制裁太空发射火箭或制造卫星和测试它,“Bhatt说,“这已经发生了。”

印度国家太空促销和授权中心(太空)是一种单窗口,独立,节点代理启用和促进私营企业的参与。

每个空间组织的政策明确的角色。

ISRO国家航天局,现在将主要侧重于研究和发展新的空间技术和应用程序和扩展人类对太空的认识和开展应用研发的新系统,以保持印度的优势在该行业领域的空间基础设施,空间交通、空间应用、能力建设和载人航天。

它将转变从存在的现有实践生产的操作空间系统。

太空将函数作为一个自治政府组织,强制推广,握住,授权和指导空间活动。

在所有维度空间通信、空间包括遥感、SSA(空间态势感知),现在创业公司可以操作和工作,Bhatt说。

4月20日宣布的新政策,说非政府实体(中国大陆)不得进行“端到端活动空间部门通过建立和操作空间对象,地面资产和相关服务,如通信、遥感、导航”。

它允许私人低地球轨道(LEO)和地球轨道(MEO)卫星星座运营商推出他们的空间宽带服务。

Bhatt说,美国已提供所有必需的支持空间初创企业。

读也


空间技术创业公司期望繁荣的时间在资金紧缩

虽然在印度创业资金紧缩的继续,空间科技型企业为一卷由于政策。德里协会称,印度的太空技术创业产业已收到累计投资2.5亿美元在过去2 - 3年,和放缓的资金是不可能的。印度有超过100创业空间。

“印度有着巨大的潜力,利用ISRO的专业知识和经验为其私人的生态系统。公司被创造出来,我们将会看到更多的空间可以参与全球竞争,“Bengaluru-based Awais艾哈迈德说,首席执行官Pixxel高光谱图像的空间技术创业公司。

“周围有清晰的政策,在印度和国外更多的投资者可能会将更多的资金投入到创业空间技术。更多的公司将会出现,”艾哈迈德说。

常驻空间Kidz印度表示,印度政府一直积极鼓励发展的航天工业在印度空间研究组织(ISRO),太空,和印度新空间有限(NSIL)。乐动扑克

“…spacetech部门规定,允许更大的外国直接投资可能尤其对公司有益。这可能会为他们提供获取更多的资本和技术从全球投资者和合作伙伴,“Srimathy Kesan,创始人空间Kidz印度,告诉ETSatcom。

Kesan补充说,监管支持精简的形式授权和允许流程可以减少合规成本,使其方便初创公司在这个领域。

“融资形式的政府拨款、贷款、和风险资本可以为创业公司提供必要的资本投资于研究和开发,生产,和销售,”她说。

“我们已经在各个领域的创业公司。在全球经济空间,更多的钱在应用程序。随着越来越多的创业公司工作领域的应用,越来越多的用例和机会可以有,“Bhatt说。

在下游段,他补充说,空间初创公司可以把数据从印度或跨国公司,包括开源平台,创建一个应用程序适合一个特定的场景。

例如,Bengaluru-headquartered空间技术启动GalaxEye将首次推出多传感器卫星2024年一季度,最终有一个星座的15个卫星,其联合创始人兼首席执行官Suyash辛格告诉ETSatcom。2022年12月,它在种子轮募集了350万美元。

“我们正打算建立一个卫星进入太空并执行全球成像地球表面的。我们想确定异常等基础设施公用事业、油气管道、农业和水产养殖领域。我们想生产卫星图像来帮助企业做出正确的决策,”辛格说。

当前高级官员还认为,空间技术公园(stp)可以扩大合作的范围在空间技术创业与专业知识在各个领域。

“太空公园也成为一个孵化器,在那里他们可以协作和测试设施。”

建邦者根据当前,古吉拉特邦,泰米尔纳德邦,纳,和喀拉拉邦公园,一直在努力的发展空间以及北方邦。“这些太空公园将真正帮助初创公司,因为他们有现成的基础设施。
  • 发布于2023年4月22日下午01:34坚持
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\"&lt;p&gt;Though
Though a funding squeeze at Indian startups continues , the space technology based firms are set for a roll due to the policy. According to the Delhi-based association, India’s space technology startup industry has received a cumulative investment of $250 million in the last 2-3 years, and a slowdown in funding is unlikely. India has over 100 space startups.<\/span><\/figcaption><\/figure>NEW DELHI: The Indian Space Association (ISpA) has asked the government to clearly spell out foreign direct investment norms for the sector to help attract global investors since details on that front are yet to be announced, while startups expect funding in them to create global standard companies.

After opening the doors to private entities for undertaking end-to-end activities in the sector, the Central Government's space policy<\/a>, however, became silent on its position on FDI in the Indian space industry<\/a>.

“We are waiting for the FDI policy to also come which will further incentivise these fundings coming from abroad. Even some kind of government support would be welcomed by the space industry,\" Lt. Gen. AK Bhatt, Director General, ISpA, told ETSatcom.

The Indian Space Association is an industry body for domestic space and satellite manufacturing companies.

He said the policy augurs well for the all-round development of the space industry be it for established companies or Startups. .

\"The
Indian Space Policy<\/a> 2023 will pave the way for wider participation of non-government entities, including space technology startups<\/a>, in satellite communications (satcom<\/a>), satellite manufacturing and ground station establishment and other domains\".

“...even before the policy (was announced), the government and the Department of Space and ISRO have been giving sanctions to start-ups on a case-to-case basis through IN-SPACe for either launching a rocket or manufacturing a satellite and testing it,” Bhatt stated adding, \"so that has already been going on.”

Indian National Space Promotion and Authorisation Centre (IN-SPACe) is a single-window, independent, nodal agency to enable and facilitate the participation of private players.

The policy clearly delineated the roles of each space organisation.

ISRO, as the national space agency, will now focus primarily on the research and development of new space technologies and applications and on expanding the human understanding of outer space and will carry out applied R&D of newer systems so as to maintain India's edge in the sector in the areas of space infrastructure, space transportation, space applications, capacity building and human spaceflight.

It will transition out from the existing practice of being present in the manufacturing of operational space systems.

IN-SPACe will function as an autonomous government organisation, mandated to promote, handhold, guide and authorise space activities in the country.

In all dimensions of space communication, space including remote sensing, SSA (space situational awareness), now startups can operate and work, Bhatt added.

The new policy, announced on April 20 says non-governmental entities (NGEs) shall be allowed to undertake “end-to-end activities in the space sector through establishment and operation of space objects, ground-based assets and related services, such as communication, remote sensing, navigation”.

It allows private low-earth orbit (LEO) and medium-earth orbit (MEO) satellite constellation operators to launch their space broadband services in the country.

According to Bhatt, the Department of Space has been providing all the required support to space start-ups.

Read also<\/h4>
<\/a><\/figure>
New space policy OKs LEOs\/MEOs to offer satcom services, silent on FDI<\/a><\/h5><\/div>
<\/a><\/figure>
IN-SPACe role clarity to help speed up key clearances, but spectrum allotment mode crucial: Satcom industry<\/a><\/h5><\/div><\/div><\/div>
Space technology startups expect boom time amidst funding crunch in general
<\/strong>
Though a funding squeeze at Indian startups continues, the space technology-based firms are set for a roll due to the policy. According to the Delhi-based association, India’s space technology startup industry has received a cumulative investment of $250 million in the last 2-3 years, and a slowdown in funding is unlikely. India has over 100 space startups.

\"India has tremendous potential to leverage ISRO’s expertise and experience for its private ecosystem. We’ll see many more space companies being created that can compete globally,” said Awais Ahmed, CEO, of Bengaluru-based
Pixxel<\/a>, a hyperspectral imagery space technology startup.

“With clarity around policy, more investors in India and abroad will likely invest more money into space technology startups. More companies will come up,” Ahmed said.

Chennai-based
Space Kidz<\/a> India said that the government of India has been actively encouraging the development of the space industry through the Indian Space Research Organisation (ISRO), IN-SPACe, and NewSpace India Limited (NSIL).

“...provisions that allow for greater FDI in the spacetech sector could be particularly beneficial for startups. This could provide them with access to larger amounts of capital and expertise from global investors and partners,” Srimathy Kesan, Founder, Space Kidz India, told ETSatcom.

Kesan added that regulatory support in the form of streamlined licensing and permitting processes can reduce compliance costs and make it convenient for startups to operate in this sector.

“Funding in the form of government grants, loans, and venture capital can provide startups with the necessary capital to invest in research and development, manufacturing, and marketing,” she said.

“We have startups in all domains. In the global space economy, more money is in the applications. And as more and more startups work in the domain of applications, more and more use cases and opportunities can be there,” said Bhatt.

In the downstream segment, he added, space startups can take data from Indian or international companies, including open-source platforms, to create an application suited for a specific scenario.

For instance, Bengaluru-headquartered space technology startup GalaxEye will launch its first multisensor satellite in Q1 2024 and eventually have a constellation of 15 satellites, its co-Founder and CEO Suyash Singh told ETSatcom. In December 2022, it raised $3.5 million in a seed round.

“We are intending to build a micro-satellite that will go into space and perform imaging of the Earth's surface across the globe. We want to identify anomalies in infrastructures such as utilities, oil and gas pipelines, agriculture and aquaculture domains as well. We want to produce satellite imagery to help industries make the right decisions,” Singh said.

The senior ISpA official also believes that Space Technology Parks (STPs) could widen the scope for collaborations amongst space technology startups with expertise in various domains.

“A space park becomes an incubator where they can collaborate and also have testing facilities.”

As per ISpA, Gujarat, Tamil Nadu, Telangana, and Kerala have been working to develop space parks, as well as Uttar Pradesh. “These space parks will really help startups because they will have the readily available infrastructure.
<\/body>","next_sibling":[{"msid":99671467,"title":"IN-SPACe role clarity to help speed up key clearances, but spectrum allotment mode crucial: Satcom industry","entity_type":"ARTICLE","link":"\/news\/portal-in-portal\/satcom\/in-space-role-clarity-to-help-speed-up-key-clearances-but-spectrum-allotment-mode-crucial-satcom-industry\/99671467","category_name":null,"category_name_seo":"portal-in-portal\/satcom"}],"related_content":[],"msid":99687198,"entity_type":"ARTICLE","title":"Pvt companies seek clarity on FDI norms in new space policy, startups expect more funds from investors","synopsis":"\u201cWe are waiting for the FDI policy to also come which will further incentivise these fundings coming from abroad. Even some kind of government support would be welcomed by the space industry,\" Lt. Gen. AK Bhatt, Director General, ISpA, told ETSatcom.","titleseo":"portal-in-portal\/satcom\/pvt-companies-seek-clarity-on-fdi-norms-in-new-space-policy-startups-expect-more-funds-from-investors","status":"ACTIVE","authors":[{"author_name":"Ashutosh Kumar","author_link":"\/author\/479254781\/ashutosh-kumar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479254781.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479254781,"author_name":"Ashutosh Kumar","author_seo_name":"ashutosh-kumar","designation":"Digital Content Producer","agency":false}}],"analytics":{"comments":0,"views":619,"shares":0,"engagementtimems":2916000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2023-04-22 13:34:38","lastupd":"2023-04-22 13:34:40","breadcrumbTags":["space policy","Satcom","Prime","Industry","space technology startups","Space Kidz","Pixxel","spacetech startups funding","Indian Space Policy","Spacetech Startups"],"secinfo":{"seolocation":"portal-in-portal\/satcom\/pvt-companies-seek-clarity-on-fdi-norms-in-new-space-policy-startups-expect-more-funds-from-investors"}}" data-news_link="//www.iser-br.com/news/portal-in-portal/satcom/pvt-companies-seek-clarity-on-fdi-norms-in-new-space-policy-startups-expect-more-funds-from-investors/99687198">