The first accelerator program in India created specifically to support entrepreneurs in the spacetech industry, AWS Space Accelerator: India was recently introduced by the cloud giant’s India division, Amazon Web Services (AWS) India.
Cloud computing, according to Clint Crosier, Director of Aerospace and Satellite at AWS, is essential to the future of the space sector.
He said that it helps spacetech businesses to use high-performance computing resources to cut operational costs, accelerate time-to-market, and deploy at scale while carrying out extensive data analysis, applying machine learning models, and innovating in their missions.
AWS India and T-Hub and Minfy in Hyderabad have teamed up to offer a full range of business, mentorship, and technical support to help spacetech firms in the nation flourish.
An agreement was struck with ISRO and IN-SPACe in September of last year, which led to the alliance.
What advantages do startups have?
According to a statement from the firm, the 14-week accelerator program will provide India-based startups with a strong platform to develop, expand, and scale space-related missions, regardless of how established they are.
Up to $100,000 in credits, professional advice from ISRO, IN-SPACe, and AWS, as well as T-Hub and Minfy’s commercial and technological assistance, are all provided by AWS.
According to the company, it wants to address the particular difficulties faced by space tech entrepreneurs, such as the requirement for a sizable capital commitment, difficulty finding trained labor, and the necessity of developing and testing the technology in a hazardous environment.
The program is open for applications until March 17th, 2024.
According to AWS, the program intends to teach startups about space domain technology and applications in addition to giving them access to the required tools and resources.
The business will give the startups the tools they need to use space data and create scalable solutions with cloud computing, machine learning, and data analytics. This will allow them to significantly impact a variety of industries, such as climate change, aviation, agriculture, and more.
