AWS Launches First Space Tech Accelerator Program in India

neub9
By neub9
3 Min Read

Amazon Web Services (AWS) India Private Limited has launched the AWS Space Accelerator: India, aimed at providing startups in the space technology sector with technical, business, and mentorship opportunities. The program is being supported by T-Hub and Minfy.

The 14-week accelerator program is designed to offer India-based startups access to dedicated business resources, expertise, and guidance in technology and business capabilities, as well as help them utilize AWS to build, grow, and scale their missions.

This program is open to both early-stage and mature startups based in India that support the space sector, require a technology platform for their ideas, and are seeking to accelerate their growth and investment opportunities.

Space tech startups operate in a high-risk environment, requiring significant capital investment, access to a skilled workforce, and undertaking significant technology development and testing.

The accelerator program aims to address these challenges by providing space tech startups with the opportunity to build and test their solutions using simulation technologies on AWS before making capital investments. This allows startups to experiment at a low cost and enhance their solutions before launching and scaling them.

Startups qualifying for the program will receive benefits including up to US$100,000 in AWS credits, as well as guidance from experts at ISRO, IN-SPACe, and AWS, and business and technology support from T-Hub and Minfy. Additionally, startups will have the opportunity to learn about space domain technologies and applications, and how to leverage space data and build scalable solutions using cloud computing, data analytics, and machine learning.

Clint Crosier, Director, Aerospace and Satellite at AWS Inc., emphasized the importance of cloud computing and its role in powering the future of the space industry. He underlined the transformative opportunities for space-tech through technologies such as generative AI.

Shalini Kapoor, Director and Chief Technologist, Public Sector at AWS India Private Limited, highlighted the significance of the space accelerator program in supporting the Indian space industry and nurturing space-tech innovation in the country through collaboration with ISRO, IN-SPACe, T-Hub, and Minfy.

T-Hub will provide startups with insights into essential aspects such as business establishment, fundraising strategies, and finetuning pitch presentations, while Minfy will run a series of sessions by its technical experts, covering foundational AWS knowledge, advanced cloud architecture, aligning with the AWS Well-Architected Framework, and securing workloads, enabling startups for accelerated development.

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