Sonam Rana updated Content Curator updated
Content Curator updated
The Indian Institute of Technology (IIT), Madras has decided to develop technologies for development, commercialisation of space, and deep space.
The IIT Madras Pravartak Technologies Foundation will collaborate with five start-ups to develop technologies for ecosystem development and commercialisation of space and deep space. The consortium is called ‘Indian Space Technologies and Applications Design Bureau’ (I-STAC.DB), which will develop next-generation applications.
The consortium of 5 start-ups, ‘Indian Space Technologies and Applications Design Bureau’, will develop an end-to-end Atmanirbhar ecosystem for technologies like rapid launch capability and 6G@IndiaDST #AtmaNirbharBharat
— IIT Madras (@iitmadras) September 30, 2021
Aim of I-STAC.DB
The main aim of the consortium is
- to build an end-to-end Atmanirbhar ecosystem for space technologies from on-demand access to data and space,
- including rapid launch capability,
- satellite design and assembly,
- sensors,
- future generation communication such as 6G,
- security of satellites, ground stations,
- data processing, assimilation for communication
- geo spatial application sectors.
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Professor Satya Chakravarthy, Head, I-STAC.DB, and Faculty, Department of Aerospace Engineering, IIT Madras, said that in today’s fast-paced world, collaboration and partnership is the mantra as its not possible for a company to do all at once that requires for the end customer of space applications. Further, the consortium will naturally gravitate to all such key stakeholders.
The Chief Executive Officer, IIT Madras Pravartak Technologies Foundation, MJ Shankar Raman, said that the IIT-M Pravartak is extremely excited to have dynamic and young entrepreneurs to synergize their thoughts and efforts towards the Indian based space ecosystem through the consortium platform.
It is possible because of the expression of these entrepreneur's deep commitment and conviction that made this happen, he said.
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Under the National Mission on Interdisciplinary Cyber Physical Systems and hosted by IIT Madras, the IIT Madras (IIT-M) Pravartak Technologies Foundation is a section 08 company funded by the Department of Science and Technology.
IIT-M Pravartak Technologies Foundation is also taking part in conducting advanced research in various fields of technologies and participating in global standardization of the technologies in partnership with primary stakeholders in the market across industry.
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