Inspired by Elon Musk and Jeff Bezos, India’s startup space sector is set for lift-off

#News(General) [ via IoTForIndiaGroup ]

“Space: the final frontier” may have held true in Star Trek, but Elon Musk and Jeff Bezos have made the world think differently with their SpaceX and Blue Origin space ventures. Once the preserve of government agencies around the world, space technology is now attracting startups and the private sector.

ISRO’s giant strides saw it landing a craft, Chandrayaan, on the moon in 2008. Like ISRO, government agencies ruled the roost in most countries, be it NASA (US), Roscosmos (Russia), CNES (France), European Space Agency, or Israel Space Agency. But no more.

This strong ecosystem built in India over the last 50 years is now witnessing the mushrooming of startups keen to venture into space. Space is emerging as a viable commercial field as costs have come down significantly and satellites have many more applications than before.

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