ISRO and Microsoft agreement to boom space tech startups, know what will be the changes.
New Delhi: The Indian Space Research Organization (ISRO) and Microsoft have signed an MoU to promote the development of space technology startups in India. Both the institutes aim to strengthen space tech startups across the country with technology tools and platforms. Along with this, they have to get mentorship and help them to become enterprise ready to get market support and expand.
The ISRO-Microsoft partnership further strengthens ISRO’s vision to harness the market potential of the most promising space tech innovators and entrepreneurs in India. As a result of this collaboration, space tech startups identified by ISRO will be linked to the Microsoft for Startups Founders Hub platform, which supports startups at every stage of their journey from idea to unicorn.
Through the Microsoft for Startups for Founders Hub, founders of space-tech startups in India will have free access to the technology, tools and resources they need to grow and run their businesses. This includes technical support to grow and scale the business on Azure, best-in-class developer and productivity tools including GitHub Enterprise, Visual Studio Enterprise, and Microsoft 365, and access to smart analytics with Power BI and Dynamics 365.
ISRO Chairman S Somnath said that our alliance with Microsoft will benefit space tech startups in the analysis and processing of large amounts of satellite data for various applications with the help of state-of-the-art tools such as AI, machine learning and deep learning. Microsoft for Startups Founders Hub is a platform to bring together various startups and technology solutions providers with the objective of supporting the national space technology ecosystem. We are very happy to work together to help and support entrepreneurs, and this will also benefit the Indian economy as a whole.
Microsoft India President Anant Maheshwari said that space tech startups in India are playing an important role in advancing the country’s space capabilities with the power of technology. We are honored to partner with ISRO to accelerate this transformation of what is possible in space. Through our technology tools, platforms and mentorship opportunities, we are deeply committed to empowering space tech startups in the country to foster cutting edge innovation and accelerate scientific discovery.
Beyond technology access, Microsoft will provide consulting support to spacetech entrepreneurs in areas ranging from space engineering to cloud technologies, product and design, fundraising, and sales and marketing. In addition, founders will have access to Microsoft Learn for on-demand startup-focused training materials and programs to help build relationships with industry and potential customers. The partnership will support founders with go-to-market strategies, technical support and opportunities to sell their solutions through Microsoft channels and marketplaces.