ISRO, IN-SPACe and NSIL have achieved the significant milestone of 75 Technology Transfer Agreements being signed with NGEs. Five Technology Transfer Agreements (TTAs) were signed on September 20, 2024 at IN-SPACe, Bengaluru bringing the total number of TTAs signed post space reforms to seventy-five.
The five TTAs signed today were with M/s Anabond Ltd., M/s Salvo Industries Pvt Ltd., M/s Micropack Pvt Ltd., and M/s Astra Microwave Products Ltd.
Post space reforms in India, a significant number of collaborations have taken place between ISRO and various Non-Governmental Entities (NGEs). The Technology Transfer Agreements (TTAs) aim to give private players the opportunity to access the developed technologies available with ISRO, enabling them to use space-related technology for commercial applications in space as well as other sectors such as agriculture, energy, infrastructure, defence, telecommunications, and cybersecurity.
Dr Pawan Goenka, Chairman, IN-SPACe said, “The milestone of achieving 75 Technology Transfer Agreements marks a significant step forward in empowering India’s space private sector to harness cutting-edge space technologies for not just commercial applications, but also applications beneficial to society. This reflects our effort at IN-SPACe in facilitating successful collaborations between ISRO, NSIL and non-governmental entities, supporting them in driving innovation and contributing to the growth of a thriving space economy in India. Our focus will continue to be on enabling greater participation, fostering new ventures, and strengthening India’s position in the global space ecosystem.”
This move reflects India’s growing focus on promoting private participation in the space sector, encouraging innovation, and boosting the development of a robust space industry ecosystem. It highlights the increasing collaboration between the government and private players, contributing to advancements in space technology and expanding opportunities in sectors like satellite communication, launch services, and space exploration.
IN-SPACe was constituted in June 2020 following the Central Government’s decision to open up the space sector and enable the participation of the Indian private sector in the gamut of space activities. The Indian National Space Promotion and Authorization Centre (IN-SPACe), acts as a single-window, independent, nodal agency which functions as an autonomous agency in the Department of Space (DOS).
IN-SPACe is responsible for the promotion, enabling, authorization, and supervision of various space activities of the Non-Governmental Entities (NGEs) that include, among others, the building of launch vehicles & satellites and providing space-based services; sharing of space infrastructure and premises under ISRO; and establishment of new space infrastructure and facilities. The functions of IN-SPACe are being carried out by three Directorates viz., Promotion Directorate (PD), Technical Directorate (TD), Program Management and Authorization Directorate (PMAD), and Administration, Finance & Legal Wing.
