Both seek to empower space tech across the country!
Bengaluru: On Thursday, 05 January 2023, Indian Space Research Organization or ISRO and Microsoft signed a Memorandum of Understanding (MoU) to initiate the growth of space technology start-ups in India.
The MoU seeks to empower space tech start-ups with technology tools and platforms, go-to-market support and mentoring to help them scale and become enterprise-ready.
This collaboration has come when Microsoft Chairman and CEO Satya Nadella is in Bengaluru to take part in Microsoft Future Ready Technology Summit.
The collaboration will strengthen ISRO's vision of harnessing the market potential of the most promising space tech innovators and entrepreneurs in India, Microsoft said in a release.
Through this tie-up, the space tech start-ups identified by ISRO will be boarded onto the 'Microsoft for Start-ups Founders Hub platform', that supports start-ups at every stage of their journey-from idea to unicorn, it said.
Noting that through the hub, space-tech start-up founders in India will have free access to the tech tools and resources they need to build and run their business, the release further said, 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.
ISRO Chairman S Somanath said the space agency's collaboration with Microsoft will surely benefit space tech start-ups in their analysis and processing of several satellite data for various applications, using cutting-edge methods like AI, Machine Learning and Deep Learning.
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