The SatCom Industry Association (SIAIndia) is organising a three-day India Space Congress, ISC 2022, in New Delhi from October 26 to 28. Speakers from 30 countries will participate in the event. The theme of ISC 2022 is ‘Leveraging Space to Power Next-Gen Communication & Businesses’. It will see several conferences to discuss the growth opportunities in India in the space sector.
The vision of the event "is to bring all the high-level stakeholders together from space agencies, industry and institutions around the world under one roof to swap insights, strategies and rising trends for collaborative development of the space ecosystem in India and to bring global and regional economic benefits."
ISC 2022 is supported by the Indian Space Research Organisation (ISRO), Ministry of Defence, Niti Aayog, In-Space, NewSpace India Ltd (NSIL) and the Department of Telecommunication.
"The three-day congress will not only pave the way for deliberations but will also provide a learning curve to stakeholders," Anil Prakash, DG, SIA India, told IANS.
As part of the congress, on October 27, 2022, five space tech startups will pitch their ideas to industry leaders and investors during the session ‘Pitch Right for Skyrocketing Startups’. The startups will participate in a specially curated mentorship programme with senior executives of leading companies.
Microsoft will reportedly announce partnerships with 15 space startups as an extension to its Founders Hub programme. Under the programme, 15 startups can apply for free Azure credits worth up to $150,000.
Various smart solutions, IoT/M2M connectivity and new-generation applications will see a spike in demand in various sectors, including agriculture, defence, air-terrestrial traffic management, railways, fintech and healthcare. The future of communication solutions will be powered by space technologies to enhance productivity.
According to the ISC 2022 website, SatCom will make a significant contribution to end-to-end solutions for satellite networks within the convergent 5G and 6G environments. With a view to nurture the growing interest of deep space tech startups in India, India Space Congress, 2022 (ISC'22) announced a number of initiatives to showcase excellence by engaging with 'iDEX 75 Space Challenges' which was announced by Prime Minister during the Defence Expo, partnering with Microsoft to extend Founders hub benefits to the 15 shortlisted startups.
As part of the Founders hub program, 15 selected startups may apply to Founders Hub and avail up to $150,000 worth of free Azure credits. Five finalists of Space Tech startups will be pitching their ideas to the industry leaders and investors at the session 'Pitch Right for Skyrocketing Startups' on October 27, 2022. A specially curated mentorship engagement with senior executives of leading companies is in store for the startups.
Anil Prakash, DG - SIA-India said, "SIA-India welcomes these engagements to help startups to launch their ambition to the next orbit with sure chances of success. With iDEX and Microsoft onboard, we look forward to the beginning of a partnership that will reap benefits to the deep tech. These alliances will work towards fostering, incubating and hand holding promising startups."
He further added, "The India Space Congress will have on the same platform decision makers, industry stakeholders and policy makers. The three-day congress will not only pave way for deliberations but will also provide a learning curve to stakeholders."
The three-day India Space Congress 2022 is going to witness 500 plus delegates, 180 Speakers, 35 thematic sessions from 20 nationalities.
Source Credit : https://www.moneycontrol.com/news/india/india-space-congress-2022-opens-today-to-help-startups-tap-1-5-trillion-market-9392761.html
Edited by Ragul Senthil https://www.linkedin.com/in/ragulms
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