Startups have already shown interest in In-SPACe, says Isro Chairman

Private firms are allowed activities in launch vehicles, satellites, space faring services and in ground operations for system readiness. The startups have shown interest in all the four areas

Indian Space Research Organisation (Isro) said that In-SPACe (Indian National Space Promotion and Authorisation Centre), the new national nodal agency, which was approved by the Cabinet in the middle of the week, would take 6 months to start functioning and had seen interest from startups, while larger players were yet to come out with their proposals.

"Isro's projects including Chandrayaan 3 are in progress, but have been delayed due to the coronavirus (Covid-19) pandemic," said K Sivan, chairman of Isro.

Speaking to reporters, Sivan said, "We have not received proposals from big players, but have seen interest from the start ups for