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Home»Startups»AWS India Announces First Space Accelerator to Support 24 Space Tech Startups
Startups

AWS India Announces First Space Accelerator to Support 24 Space Tech Startups

prosperplanetpulse.comBy prosperplanetpulse.comJune 28, 2024No Comments4 Mins Read0 Views
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A rocket and sustainable satellite startup from Thoothukudi, Tamil Nadu; an advanced geospatial analytics startup from Port Blair, Andaman and Nicobar Islands; and a satellite technology based precision agriculture startup from Ahmedabad, Gujarat. These are just some of the 24 startups shortlisted to participate. AWS Space Accelerator: IndiaA technology, business and mentorship opportunity designed to develop startup companies focused on space technology.

The 14-week program is AWS’ first space accelerator program in India and aims to provide specialized technical knowledge, specialized AWS training, and mentorship from space domain and technology experts. AWS signs Memorandum of Understanding (MoU) with Indian Space Research Organisation (ISRO) and Indian National Space Propulsion and Authorisation Centre (IN-SPACe) Together, they will support the growth and development of Indian space startups in 2023.

This marks the fourth consecutive year that AWS has run the Space Accelerator program, but the first time it has been tied to a specific country.

Clint Crocier

Director of Aerospace and Satellite Business, AWS

Crocier added, “We chose to host the first India-focused space accelerator in India because we see extraordinary growth opportunities in India’s space sector. A record number of space startups have been founded in India and the strong support from the Government of India is evident through the MoUs with ISRO and IN-SPACe. India also has one of the most educated and skilled space technology talents in the world. We are pleased to have so many talented space startups participating in this exciting program.”

Finalist startups will also receive up to $100,000 in cumulative AWS credits and support to build and scale their solutions. The accelerator is supported by T-Hub, an innovation hub and ecosystem enabler, and Minfy, an AWS Premier Partner.

Applications for the program were evaluated based on the uniqueness and innovation of the startups’ solutions, product-market fit, innovation and sustainability, creative application of AWS technology, and the team’s ability to realize their vision.

AWS Space Accelerator: India Program 2024 Cohort

Startups selected for the AWS Space Accelerator: India 2024 program operate across multiple space domains, including spacecraft propulsion, orbital and launch vehicles, satellite imaging, geospatial applications, weather analysis, and space tourism.

Figure 1: Space segments

Figure 1: Space segments

Figure 2: Application areas

Figure 2: Application areas

The 24 startups selected for the accelerator will have the opportunity to explore how to make the most of space data. They will also learn how to build secure, scalable solutions using AWS technologies, including generative artificial intelligence (AI), machine learning, and data analytics. But that’s not all: the accelerator will also provide the startups with know-how on go-to-market strategies, fundraising, and business fundamentals, equipping them with the knowledge and tools they need to succeed in the competitive space tech sector.

AWS Space Tech Startups

Figure 3: Startup size

AWS Space Tech Startups

Figure 4: Startup Maturity

The shortlisted startups (in alphabetical order) are Advick Agventure (Ahmedabad, Gujarat), AERO2ASTRO (Chennai, Tamil Nadu), Aeroin SpaceTech Pvt. Ltd. (Chennai, Tamil Nadu), Agnihotri Aerospace (Mangaluru, Karnataka), AkashaLabdhi Pvt. Ltd. (Roorkee, Uttarakhand), Brahmaandco Spacetech (Mumbai, Maharashtra), Blurs AI (Bengaluru, Karnataka), CoralComp Pvt. Ltd. (Hyderabad, Telangana), Cosmicport (Thoothukudi, Tamil Nadu), Cosmo Crawler (Chennai, Tamil Nadu), Expanse Cosmos (Delhi), GISKernel Technologies Pvt. Ltd. (Pune, Maharashtra), Inbound Aerospace (Chennai, Tamil Nadu) and Insight360.ai (Port Blair, Andaman and Nicobar Islands), KosmosOne (Suryatra, Maharashtra), Omspace Rocket and Exploration (Gandhinagar, Gujarat), Onnes Cryogenics Pvt. Ltd. (Hyderabad, Telangana), Pramatra Space (Bangalore, Karnataka), Satlabs Space Systems (Bangalore, Karnataka), Sisir Radar (Kolkata, West Bengal), Space Aura (Mumbai, Maharashtra), SpanTrik (Hyderabad, Telangana), Taramandal (Visakhapatnam, Andhra Pradesh) and Thrustworks Dynetics (Pune, Maharashtra).

Demo Day

The AWS Space Accelerator: India program will culminate with an event in July/August 2024 where 24 startups will present their innovative solutions to AWS, T-Hub, Minfy, and leaders in the space sector. The event will provide a platform for startups to showcase their innovations and generate awareness among key stakeholders and potential investors.

To learn more, see AWS Space Accelerator: India. Program site.





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