Microsoft and the Indian Space Research Organization (ISRO) have signed a Memorandum of Understanding (MoU) to fuel the growth of space-tech startups in India.
This partnership will empower space tech startups in India with go-to-market support, technology tools & platforms, and mentoring to help them scale and become enterprise ready.
The space-tech startups identified by ISRO will be onboarded onto the Microsoft for Startups Founders Hub platform to support startups at every stage of their journey from idea to a unicorn.
S Somanath, Chairman, of 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.”
Anant Maheshwari, President, of 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.”