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Nine Indian startups, including Dhruva in the space business and Varaha in the climate arena, have made it to the World Economic Forum's latest list of new technology pioneers. Releasing the list, the WEF said these 100 early-stage startups from 23 countries are building the infrastructure for the next era of AI and are developing breakthrough technologies with the potential to transform industries and societies. "What sets this year's cohort apart is its focus on enabling the next era of Artificial Intelligence (AI). While recent advances have centred on models and consumer applications, many of the Tech Pioneers are building the software and physical infrastructure needed to AI at scale," the WEF said. The cohort also reflected the expanding geographies of frontier innovation. India has contributed nine companies, many focused on deep-tech and space innovation, while the Republic of Korea records its strongest representation to date across AI, robotics and quantum ...
A Chennai-based space startup is all set to demonstrate its technology that would allow re-fuelling of satellites orbiting the earth, extending their lifespan and help address the challenges of space debris. OrbitAid Aerospace is set to launch AyulSAT, a dedicated tanker-satellite, onboard the Polar Satellite Launch Vehicle (PSLV) on Monday to perform internal propellant transfer, power transfer and data transfer using its Standard Interface for Docking and Refuelling Port (SIDRP). "We will first demonstrate transfer of fuel from one tank to another within the satellite," Sakthikumar Ramachandran, founder and CEO, OrbitAID, told PTI. Sakthikumar said AyulSAT will be India's first commercial docking and refuelling interface deployed in-orbit. "We will soon have fuel stations in orbit that will enable life extension of satellites - both in low earth and geo synchronous orbits," he said. Sakthikumar said later this year OrbitAID will launch another satellite -- the designated chaser