The Union Minister for Science and Technology Jitendra Singh on Monday said the Indian startups would soon launch space satellites as well as satellite constellations and try their rockets.
Speaking at the India Space Conclave here on the occasion of the first anniversary of the Indian Space Association, ISpA, Jitendra Singh said the "revolutionary and out of box decision" of PM Modi to unlock the space sector for private industry in June 2020 changed the very nature of space ecosystem of the country.
The Minister also informed that five PSLVs are being domestically produced by L&T and HAL, while OneWeb is all set to launch their satellites through ISRO and NSIL.
Singh said space reforms have unleashed the innovative potentials of startups and within a short span of time, "from a couple of space start-ups three-four years back, today we have 102 startups working in cutting-edge areas of space debris management, nano-satellite, launch vehicle, ground systems, research etc."
With the integration of R&D, academia and industry with equal stake, it is safe to say that a Space Revolution led by ISRO along with the private sector and startups is on the horizon, the minister said.
Singh said that the strength and innovative potential of the country's young and private industrial enterprise will take a lead in the global space technology disruption in times to come. He expressed hope that India's young technology wizards shall breach new barriers in the field of space technology while they set out to address the limitless opportunities offered by the space domain.
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