New Space Policy to be released shortly

The Indian Space Association hosted the first-of-its-kind meeting, “Space Track,” between the defence and space sector experts at the “GeoIntelligence 2022” conference in order to drive public-private partnerships in the Indian space industry.

As the country’s space policy is likely to be finalized soon, India is on the verge of a huge change in the private space industry, as evidenced by massive investments of about INR 700 crore in Indian space start-ups.

GeoIntelligence 2022, ISpA Space Track Leaders from the Indian armed services and the private space sector were in attendance at the occasion.

Air Marshal BR Krishna, Lt. Gen. MU Nair, Air Vice Marshal M Ranade, Air Vice Marshal DV Khot from the military services, and Kranthi Chand, Head Strategy, Dhruva Space, and Rohan Verma, CEO & Executive Director, MapmyIndia from the private space sphere, presented the keynote remarks.

Lt. Gen. AK Bhatt, Director General of the Indian Space Association, remarked during the event, “It is an honor for us to host a first-of-its-kind meeting with executives from the defense and private space industries.

We expect the New Space Policy to be released shortly, and we assume that discussions on the Space Activity Bill will begin in a few months after the policy is released, with the Department of Space aiming to release the bill by the end of the year.

Because space plays such an important part in defense activities, there is a greater necessity for collaboration.”

Air Marshal BR Krishna, “Currently, there are space programs in place in more than 70 countries. Along with the benefits that space provides, it also raises risks due to increased space congestion.

India has long been a prominent space country, and it is imperative that we create our own space security policy, space infrastructure, and strong defense capabilities to prevent forces seeking to usurp our space sovereignty.”

Lt. Gen. MU Nair, “Space is a realm rich in both difficulties and opportunity.

Our military, army-specific networks are still insufficient today, and we are in the midst of deploying a spectrum network known as Project Kranti, which will allow information to flow in a smooth manner.

The problems of space-based monitoring and guidance are all puzzles for which we require answers.

We must build a collaborative one-nation strategy in which the Indian private space industry and the military work together more closely.”

Air Vice Marshal M Ranade, “Space security is a high-priority topic that requires our continuous and concentrated attention.

Our country has made significant progress in utilizing space technologies, particularly for civilian applications.

The military’s use of space has increased dramatically, and the recent opening of the space market to the commercial sector has injected new vitality and enthusiasm.

The correct application into multiple avenues would pave the path for the sector through regular dialogues with various space agencies, specialists from academia, R&D institutes, and business.

Redundancies against any act of denial of space resources will be enabled by the integration of dual-use capabilities for exploitation by civil and military players in space-based assets.”

Air Vice Marshal DV Khot, “Our reliance on what travels in space, such as transportation systems, irrigation, energy grids, the internet, and IoT, is growing as commercial space services penetrate every part of our lives.

Another technology with disruptive potential is the entry of the cyber world and information through SATCOM into everyday life.

Data analytics, AI/ML, and automation are examples of new generation technologies that need to be embedded in a bigger civil-military fusion environment where academics, business, start-ups, scientists, and military personnel all work together to create some of these things.”

Kranthi Chand, Dhruva Space’s Head of Strategy, added, “The New Space Policy will be critical for private companies wishing to launch satellites.

Rocket science is expensive, and Indian start-ups in the space sector have spent over INR 700 crore to develop their first product.

For investments to flow, we need mass manufacture of satellites, as well as an overhaul of the defense procurement process.

The start-up relaxations for defense and space companies need to be extended so that we may continue to promote the development of innovative procurement technologies.”

“We’ve deciphered hundreds of issue statements on how businesses should use geospatial intelligence.

I’m impressed with Defence Space’s formation.

From a defense standpoint, we request that the adoption and dissemination of maps and technology within the defense sector be accelerated so that our country can combat its adversaries “MapmyIndia’s CEO and Executive Director, Rohan Verma, stated. TDPel Media