Saturday, July 24, 2021
Home Uncategorized Space technology incubation centre to be established at NIT Rourkela

Space technology incubation centre to be established at NIT Rourkela

The key outcomes envisaged from the S-TIC include research and innovation in space technology, product development, IPR, prototype development, space start-up and business incubation

Space technology incubation centre (S-TIC) will be set up by the Indian Space Research Organisation (ISRO) at the National Institute of Technology, Rourkela (NIT Rourkela) to carry out research and product development in space technology field.

Start-ups, capacity-building, innovations and research in space technology in Odisha, West Bengal, Bihar, Jharkhand and the Andamans shall be promoted by the incubation centre.

The related research and the products from the S-TIC will be utilized in future space missions, said K. Sivan, chairman of ISRO and secretary department of space.

“The key outcomes envisaged from the S-TIC include research and innovation in space technology, product development, IPR, prototype development, space start-up and business incubation,” both the organisations said in a statement.

For setting up the S-TIC, an annual grant-in-aid of two crore will be provided by ISRO for a period of up to two years to NIT Rourkela as seed money. The required infrastructure inside the campus will be provided by NIT Rourkela.

ISRO has even launched academic satellites into space and has been supporting academic institutions in space science. For India’s satellite and missile testing facilities, the two key destinations are Andhra Pradesh and Odisha.

Also read: Fortinet Announces AI-powered XDR for Fully Automated Threat Detection, Investigation, and Response

Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

khushbu
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -WhatsApp Image 2020 11 10 at 1.52.58 PMWhatsApp Image 2020 11 10 at 1.52.58 PMWhatsApp Image 2020 11 10 at 1.52.58 PMWhatsApp Image 2020 11 10 at 1.52.58 PM

Most Popular

Cyber-threats: US not prepared for the attacks growing in number and severity

Another top concern of cyber-threats is to vehicles and public transportation systems as they are becoming smarter and more interconnected and more vulnerable to...

Data compromised of Saudi Aramco after $50 million ransom demand

The oil company did not name the supplier or explain how the data were compromised After a cyber-extortionist claimed to have seized troves of its...

IOT start-up Atsuya Technologies receives grant from Tamil Nadu Government

  At the Investment Conclave 2021 in Chennai on Tuesday, Tamil Nadu Chief Minister MK Stalin handed over the Rs 60.40 lakh grant amount to the...

Automotive digital technology and innovation centre announced by Infosys in Germany

  Leveraging Infosys Cobalt, a combination of Infosys services, solutions and platforms that supports enterprises in accelerating their cloud journey, alongside other leading cloud providers,...

Recent Comments