In a groundbreaking move to foster innovation in the Indian spacetech sector, Amazon Web Services (AWS) has launched its first-ever space accelerator program in India. AWS has committed $100K to support 24 promising spacetech startups through a comprehensive 14-week accelerator program. This initiative aims to empower early and growth-stage startups by providing them with technical expertise, specialized AWS training, and mentorship from industry experts.
Program Overview
The AWS Space Accelerator program is designed to nurture and accelerate the growth of spacetech startups by offering:
- Dedicated Technical Expertise: Startups will receive tailored technical guidance to build secure and scalable solutions.
- Specialized AWS Training: Access to advanced AWS technologies in areas like GenAI, machine learning, and data analytics.
- Mentoring: Insights and advice from space domain and technical experts.
- Business Training: Focused sessions on go-to-market strategies, fundraising, and business fundamentals.
Selection Criteria
Applications were evaluated based on the uniqueness and innovation of the solutions, product-market fit, sustainability, creative application of AWS technology, and the team’s capability to deliver on their vision.
Notable Statements
AWS’s Director of the Aerospace and Satellite Business, Clint Crosier, emphasized the strategic importance of launching this program in India. “We see extraordinary growth opportunities in the Indian space sector. With a record number of new Indian space startups and strong governmental support, the talent in India is world-class in technical areas encompassing space,” Crosier stated.
This initiative follows a year after Amazon signed an MoU with ISRO and IN-SPACe to support spacetech innovations through cloud computing, offering Indian startups access to cutting-edge technologies to accelerate their development.
Market Insights
According to Inc42’s Indian Spacetech Startup Landscape & Market Opportunity Report 2023, the spacetech sector in India is projected to reach $77 billion by 2030, growing at a 26% CAGR.
The 24 Selected Startups
Advick AgVenture
- Founded: 2023
- Founder: Nitesh K. Tank
- Location: Ahmedabad, Gujarat
- Focus: Satellite-based remote sensing for farmers.
AERO2ASTRO
- Founded: 2017
- Founder: Ted Solomon
- Location: Chennai, Tamil Nadu
- Focus: Aerospace manufacturing and private rocket launch programs.
Aeroin SpaceTech Pvt. Ltd.
- Founded: 2021
- Founder: M S Ragul
- Location: Chennai, Tamil Nadu
- Focus: Space engineering development and education.
Agnihotri Aerospace
- Founded: 2022
- Founder: Mahabaleshwar Bhat
- Location: Mangaluru, Karnataka
- Focus: Payload delivery and soft landing technologies.
AkashaLabdhi Pvt. Ltd.
- Founded: 2023
- Founder: Siddharth Jena
- Location: Roorkee, Uttarakhand
- Focus: Advanced aerospace technologies.
Blurgs AI
- Founded: 2020
- Founder: Roshan Raj
- Location: Bengaluru, Karnataka
- Focus: Marine data tracking solutions.
Brahmaandco Spacetech
- Founded: 2023
- Founder: Satish More
- Location: Mumbai, Maharashtra
- Focus: Lunar exploration and mining.
CoralComp Pvt. Ltd.
- Founded: 2017
- Founders: Bakthyaruddin Ahmed Syed, Hafsa Mohsina
- Location: Hyderabad, Telangana
- Focus: Weather analysis for aerospace.
Cosmicport
- Founded: 2023
- Founder: Liwaans Amuthan
- Location: Thoothukudi, Tamil Nadu
- Focus: Small Satellite Launch Vehicles and Earth Observation Satellites. Cosmo Crawler
- Founded: 2018
- Founder: Yoga Raj
- Location: Chennai, Tamil Nadu
- Focus: Reusable launch vehicles.
Expanse Cosmos
– Founded: 2023
– Founder: Mir Shaz Ali
– Location: Delhi
– Focus: Launch vehicles for small satellites.
GISKernel Technologies Pvt. Ltd.
– Founded: 2019
– Founder: Akshay Loya
– Location: Pune, Maharashtra
– Focus: Geospatial maps and datasets.
Inbound Aerospace
– Founded: 2023
– Founders: Aravind B, Vishal Reddy
– Location: Chennai, Tamil Nadu
– Focus: Spacecraft platform for in-space manufacturing.
Insight360.ai
– Founded: 2023
– Founder: R Om Prakash
– Location: Port Blair, Andaman and Nicobar Islands
– Focus: Geospatial Intelligence (GEOINT) solutions.
KosmosOne
– Founded: 2022
– Founder: Atharva Barbudhe
– Location: Suryatola, Maharashtra
– Focus: Autonomous space station development.
Omspace Rocket and Exploration
– Founded: 2020
– Founder: Ravindra Raj B. M.
– Location: Gandhinagar, Gujarat
– Focus: Small rockets for nano and cube satellites.
Onnes Cryogenics Pvt. Ltd.
– Founded: 2021
– Founders: Rama Krishna Prasad Aluru, Vikram Srinivasa Raghavan
– Location: Hyderabad, Telangana
– Focus: Cryogenic products for various industries.
Pramatra Space
– Founded: 2022
– Founders: Richa Hukumchand, Vinay Hukumchand
– Location: Bengaluru, Karnataka
– Focus: Data security with quantum technology.
Satlabs Space Systems
– Founded: 2023
– Founders: Saisree Eega, Sooraj Gopakuma
– Location: Bengaluru, Karnataka
– Focus: Data relay satellite constellation.
Sisir Radar
– Founded: 2022
– Founders: Tapan Misra, Soumya Misra, Urmi Bhambhani
– Location: Kolkata, West Bengal
– Focus: High-resolution Ground Penetrating Radars (GPR).
Space Aura
– Founded: 2017
– Founder: Aakash Porwal
– Location: Mumbai, Maharashtra
– Focus: Space tourism and human spaceflight.
SpanTrik
– Founded: 2022
– Founders: Hitendra Singh, Kajal Rajbhar
– Location: Hyderabad, Telangana
– Focus: Reusable rockets for satellite launch services.
Taramandal
– Founded: 2022
– Founder: Vineel Judson
– Location: Vishakhapatnam, Andhra Pradesh
– Focus: Sensors and controllers for orbital vehicles.
Thrustworks Dynetics
– Founded: 2023
– Founders: Manan Joshi, Kalyani Shinde
– Location: Pune, Maharashtra
– Focus: Propulsion systems for aerospace applications.
Results
The enormous potential and inventiveness in the Indian spacetech industry is demonstrated by the choice of these 24 firms for the AWS Space Accelerator programme. These startups are in a strong position to advance space technology and change the global spacetech scene thanks to the tools and assistance offered by AWS.
