Overview

• IN-SPACe and the Karnataka government have signed MoUs to develop a Centre of Excellence for Space Technologies and a public-private Space Manufacturing Park in Bengaluru.
• These initiatives aim to enhance Karnataka's role as India's leading commercial space hub, aligning with the Indian Space Policy, 2023.
• The Centre and park will focus on advancing satellite, propulsion systems, and deep-space technology development and manufacturing.
• Karnataka's existing ecosystem, including ISRO, DRDO, and a growing network of private space startups, provides a strong foundation for these projects.
• The agreements reflect a strategic collaboration to foster innovation, strengthen the NewSpace ecosystem, and position India as a global space economy leader.