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Home»Startups»AWS: 24 startups join AWS Space Accelerator Program | Bengaluru News
Startups

AWS: 24 startups join AWS Space Accelerator Program | Bengaluru News

prosperplanetpulse.comBy prosperplanetpulse.comJune 29, 2024No Comments3 Mins Read0 Views
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BENGALURU: Amazon Web Services (AWS) India has selected 24 promising space technology startups as part of the country’s first-ever space accelerator program. The 14-week program, called AWS Space Accelerator: India, will provide technical expertise, specialized training, and mentorship to foster innovation in the space sector. The initiative stems from a memorandum of understanding signed in 2023 between AWS, Indian Space Research Organisation (ISRO), and India’s National Space Propulsion and Authorisation Centre (IN-SPACe), and aims to foster the growth and development of space startups across India. “This is the fourth consecutive year that AWS has run the Space Accelerator program, but this is the first time that we have been tied to a specific country,” said Clint Crosier, director (aerospace and satellite business) at AWS. “…We see extraordinary growth opportunities in India’s space sector,” Crosier said, citing a record number of startups, strong government support, and the country’s highly skilled workforce in space-related technologies. The selected startups represent various space domains including spacecraft propulsion, orbital and launch vehicles, satellite imagery, geospatial applications, and space tourism. Participants include a launch vehicle and sustainable satellite startup from Thoothukudi, an advanced geospatial analytics startup from Port Blair, and a satellite technology-based precision agriculture startup from Ahmedabad. In addition to mentorship and training, shortlisted startups will be provided with up to $100,000 in cumulative AWS credits to help them build and scale their solutions. The accelerator program is supported by T-Hub, an innovation hub and ecosystem enabler, and Minfy, an AWS Premier Partner. “Applications were evaluated based on factors including the uniqueness of the solution, innovation, sustainability, and creative use of AWS technologies,” AWS said.

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AWS India selects 24 startups under its first-ever space accelerator

I am based in Ahmedabad, a satellite technology based precision agriculture startup that has been selected for AWS Space Accelerator: India. This 14-week program will support 24 startups like mine, providing technical expertise and mentorship to drive innovation across various space domains.

Space startups to grow 200 times in two years: Union Minister Jitendra Singh

The meeting highlighted the mushrooming of space startups and the Ministry of Space’s action plan. Our focus was on ISRO projects, private sector engagement, technology transfer and increasing India’s share in the global space economy, emphasizing innovation and growth.

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