MoUs have been inked by the Karnataka government and India’s space regulator and promoter, Indian National Space Promotion and Authorization Centre (IN-SPACe), “to accelerate state’s rise as India’s foremost commercial-space launch-pad.”
IN-SPACe signed the Memorandums of Understanding (MoUs) with the department of electronics, IT-BT & S&T, for the establishment of a Centre of Excellence (CoE) for space technologies in Bengaluru and for a public-private space manufacturing park that would serve as the foundation for the manufacture of next-generation satellites and launch vehicles.
“The MoUs will enable and support the state’sNewSpace ecosystemtowards the national vision as per the Indian Space Policy, 2023 and promote innovation in the sector,” IN-SPACe said in a statement.
Additionally, it stated that the MoUs support its objective of igniting regional aspirations that complement the comprehensive national forecasts, while Karnataka chief secretary Shalini Rajneesh, said: “The MoUs mark a new chapter in Karnataka’s space journey creating a seamless talent and value chain with the regulatory support required to compete globally.”
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