ISRO Signs MoU With Microsoft, Aims To Support Indian SpaceTech Startups
Through this tie-up, the space tech startups identified by ISRO will be onboarded onto the Microsoft for Startups Founders Hub platform
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Indian Space Research Organisation (ISRO) on Thursday today signed a Memorandum of Understanding (MoU) with Microsoft to fuel the growth of space technology startups in India.
The MoU seeks to empower SpaceTech 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 will look 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.
Through Microsoft for Startups Founders Hub, SpaceTech startup founders in India will have free access to the tech tools, and resources they need to build and run their business. This includes technical support to build and scale 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.
In a statement, 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 providing access to technology, Microsoft will extend mentoring 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 tailored startup centric training content and programs to help them build connections with the industry and potential customers.
Microsoft and ISRO will also jointly organise knowledge sharing and thought leadership sessions for the startups with space industry experts. In addition, the collaboration will support founders with go-to-market strategies, technical support and opportunities to sell their solutions via Microsoft channels and marketplace.
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