ISRO Missions and Discoveries

ISRO to establish SpaceTech Innovation Network (SpIN)

Note4Students

From UPSC perspective, the following things are important :

Prelims level : SpaceTech Innovation Network (SpIN)

Mains level : Commercial space activities in India

spin

The Indian Space Research Organisation (ISRO) has signed a MoU with Social Alpha, a multistage innovation curation and venture development platform, to launch SpaceTech Innovation Network (SpIN).

SpaceTech Innovation Network (SpIN)

  • SpIN is India’s first dedicated platform for innovation, curation, and venture development for the burgeoning space entrepreneurial ecosystem.
  • SpIN will primarily focus on facilitating space tech entrepreneurs in three distinct innovation categories:
  1. Geospatial Technologies and Downstream Applications;
  2. Enabling Technologies for Space & Mobility; and
  3. Aerospace Materials, Sensors, and Avionics.

Key initiative

  • SpIN has launched its first innovation challenge for developing solutions in areas of maritime and land transportation, urbanization, mapping, and surveying.
  • The selected start-ups and innovators will be able to access both Social Alpha’s and ISRO’s infrastructure and resources as per the prevailing guidelines.
  • They will be provided active hand-holding in critical areas, including access to product design, testing and validation infrastructure, and intellectual property management.

 

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