Around 75 Space Startups Registered In Startup India Portal, Says Space Minister

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Jitendra Singh also revealed that the government has planned to allow FDI in the space sector to boost investment by foreign players

Around 75 start-ups have registered under space technology category in the Startup India portal, along with there more startups registered under other categories that are also involved in the space domain, Union Minister Jitendra Singh informed the Parliament.
Singh also revealed that the government has planned to allow FDI in the space sector to boost investment by foreign players.

In a written reply to a question in the Lok Sabha, the minister said that to facilitate private sector participation in space activities, the department of space is revising existing policies in space domain and a new policy framework is being drafted to address various space sector categories such as SpaceCom, remote sensing, technology transfer, navigation, space transportation, space exploration and space situational awareness.

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Provisions are also being factored in the policy framework for the development of the private sector, including MSMEs and startups, in the space sector. In order to address the necessary legal framework, the department is also in the process of enacting a national legislation.

The draft Space Activities Bill has completed public and legal consultations and will be processed for further approvals for inter-ministerial consultations.

On the issue of Isro’s plan to develop an Indian space telescope, Singh informed that the space agency has already realised X-ray and visible/ultraviolet telescopes. In the coming years, Isro has plans to develop space telescopes dedicated to UV and visible/IR astronomy. The planned UV telescope will be made up of a 1-metre mirror and will provide deepest images in UV.

Singh also informed the LS that technology development projects are going on in Isro centres spanning the areas of scientific instrumentation, communication, navigation, remote sensing etc.

Moreover, disruptive technologies based on quantum mechanical principle that includes satellite-based quantum communication, quantum radar have been initiated.

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