Indian Space Research Organisation (ISRO) and Microsoft recently signed an MoU to fuel the growth of space-tech startups in India. The MoU seeks to empower space tech startups across the country with technology tools and platforms, go-to-market support and mentoring to help them scale and become enterprise ready.
The collaboration seeks to strengthen ISRO’s vision of harnessing the market potential of the most promising space tech innovators and entrepreneurs in India. Through this tie-up, the space-tech startups identified by ISRO will be onboarded onto the Microsoft for Startups Founders Hub platform, that supports startups at every stage of their journey-from idea to unicorn.
Speaking about the partnership, Anant Maheshwari, President, Microsoft India, said, “Space-tech startups in India are playing a significant role in advancing the country’s space capabilities with the power of technology. We are pleased to collaborate with ISRO to accelerate this transformation of what’s possible in space. Through our technology tools, platforms and mentorship opportunities, we are deeply committed to empowering space-tech startups in the country to drive cutting edge innovation and accelerate scientific discovery.”
S Somanath, Chairman, ISRO, said, “ISRO’s collaboration with Microsoft will greatly benefit space tech startups in their analysis and processing of vast amounts of satellite data for various applications, using cutting-edge methods like AI, Machine Learning and Deep Learning. The Microsoft for Startups Founders Hub is a useful platform for bringing together startups and providers of technology solutions to support the national space technology ecosystem. We are pleased to work together to assist and support entrepreneurs, to in turn benefit the Indian economy as a whole.”
Beyond access to technology, Microsoft will provide mentoring support to space tech 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 tailored startup centric training content and programs to help them build connections with the industry and potential customers.