What is SpaceTech Innovation Network (SpIN)?

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What is SpaceTech Innovation Network (SpIN)? Blog Image

Overview:

ISRO inks MoU with Social Alpha to establish SpaceTech Innovation Network.

About Space tech Innovation Network:

  • SpIN is India’s first dedicated platform for innovation, curation, and venture development for the burgeoning space entrepreneurial ecosystem.
  • The tie-up is a one-of-a-kind public-private collaboration for start-ups and SMEs in the space industry.
  • SpIN will primarily focus on facilitating space tech entrepreneurs in three distinct innovation categories:
    • Geospatial Technologies and Downstream Applications;
    • Enabling Technologies for Space & Mobility;
    • Aerospace Materials, Sensors, and Avionics.

 

Social Alpha

  • Social Alpha is a multistage innovation curation and venture development platform for science and technology start-ups that address the most critical social, economic, and environmental challenges through the power of entrepreneurship and market-creating innovations.
  • Since its inception in 2016, Social Alpha has supported more 200 start-ups including 60+ seed investments.

 


Q1) What is Avionics?

Avionics is a category of electronic systems and equipment specifically designed for use in aviation.

Source: The Hindu