Science & Tech

SpaceTech Innovation Network (SpIN) by ISRO

In order to create the SpaceTech Innovation Network, the Indian Space Research Organization (ISRO) and Social Alpha, a multistage innovation curation and venture development platform, have signed a memorandum of understanding (SpIN).

SpaceTech Innovation Network (SpIN)

  • SpIN is the first platform specifically designed in India for innovation, curation, and business development in the developing space entrepreneurial ecosystem.
  • The main objective of SpIN will be to support space technology entrepreneurs in three different innovation areas: geospatial technologies and downstream applications; enabling technologies for space & mobility; and aerospace materials, sensors, and avionics.

Key initiative

  • For the purpose of creating solutions in the fields of mapping, surveying, urbanisation, and land and sea transportation, SpIN has announced its inaugural innovation challenge.
  • According to the current regulations, the chosen start-ups and innovators will have access to the infrastructure and resources of both Social Alpha and ISRO.
  • They will receive active guidance in crucial areas, such as access to testing and validation facilities, product design, and intellectual property management.
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