Space technology accelerator to boost startup ecosystem launched in Tamil Nadu
Hindustan TimesVaanam, a first of its kind space tech accelerator in the private sector in India, was launched in Chennai on Wednesday with an aim to support the space startup ecosystem in the country with a particular focus on Tamil Nadu. “Accelerators are key when start ups are looking for funding and here the state government is giving a huge push to space tech and the union government is backing it,” said Rajaa in a fireside chat with Narayanan. “So whether start ups gave ideas of space junk capture, refuelling, the government will be supportive so this sector will see a huge jump.” Narayanan said that awareness increasing following the Chandrayaan mission in India. We need institutions to come forward similarly.” Narayanan also proposed the idea of an Asian Space Agency for financial support of space programs for future interplanetary travel.