Karnataka Boosts SpaceTech with IN-SPACe Partnership

• The Indian National Space Promotion and Authorisation Centre (IN-SPACe) inked two pacts with the Karnataka government, aiming to enhance the state's spacetech ecosystem.
• The agreements focus on establishing a space technologies Centre of Excellence in Bengaluru and a space manufacturing park to advance satellite and launch vehicle production.
• This collaboration aims to bolster Karnataka's position as a hub for private space ventures, backed by major entities like ISRO, HAL, and BEL.
• IN-SPACe's initiatives align with the Indian Space Policy 2023, which encourages private sector collaboration in the space industry.
• The move coincides with IN-SPACe's efforts to promote spacetech startups, including a recent satellite bus-as-a-service programme and a technology adoption fund.

Source: Inc42