AWS Launches First Space Tech Accelerator Program in India with 24 Startups
- ByStartupStory | June 28, 2024
Amazon Web Services (AWS) has announced the launch of its first space tech accelerator program in India, named Space Accelerator: India. The initiative has shortlisted 24 innovative startups from across the country to participate in a comprehensive 14-week program designed to provide technical expertise, specialized AWS training, and mentoring from space domain and technical experts.
The program is a result of a Memorandum of Understanding (MoU) signed between AWS, the Indian Space Research Organization (ISRO), and the Indian National Space Promotion and Authorization Centre (IN-SPACe) in 2023. Through this partnership, the selected startups will also receive up to US$100,000 cumulatively in AWS credits and support to build and scale their solutions. The accelerator is supported by T-Hub and Minfy, an AWS Premier Partner.
The startups selected for the accelerator operate in diverse segments, including spacecraft propulsion, orbital and launch vehicles, satellite imagery, geospatial applications, weather analysis, and space tourism. Throughout the program, they will explore how to leverage space data and build solutions using AWS technologies such as Generative Artificial Intelligence (AI), Machine Learning, and data analytics.
“This is the fourth consecutive year that AWS has run a Space Accelerator program, but the first one we’ve tied to one specific country,” Clint Crosier, Director of the Aerospace and Satellite business at AWS, said in a statement. “We specifically chose to hold this first country-focused space accelerator in India because we see extraordinary growth opportunities in the India space sector,” he added.
The 24 shortlisted startups include notable names such as Aero2Astro (Chennai), Agnihotri Aerospace (Mangaluru), Brahmaandco Spacetech (Mumbai), CoralComp (Hyderabad), Insight360.ai (Port Blair), and Cosmicport (Thoothukudi). Five startups hail from Tamil Nadu, five from Maharashtra, and four from Karnataka.
The AWS Space Accelerator: India program will culminate with a final event in July/August 2024, where the 24 startups will present their innovative solutions to leaders from AWS, T-Hub, Minfy, and the space sector.