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Banner featuring a night scene with a futuristic rocket standing tall on the left, under a star-filled sky. The middle of the banner shows the logos of AkashaLabdhi and SpaceX prominently displayed against the dark backdrop. The right side of the image transitions into an expansive view of the cosmos, including a visible planet and the Milky Way galaxy, symbolizing the boundless possibilities of space exploration. The lower right corner of the banner features a subtle curl, giving a sense of a page being turned.

AkashaLabdhi to Launch Expandable Space Habitats with SpaceX by 2027

India's space technology is advancing with Bengaluru-based startup AkashaLabdhi, planning to launch "expandable space habitats" by 2027. Incubated at IIT Roorkee, AkashaLabdhi is developing these habitats for space tourists, astronauts, and researchers, emphasizing sustainable space living. The core project, Antariksh HAB, features an expandable shell for protection against orbital debris and radiation. It supports microgravity experiments, satellite maintenance, and long-term lunar exploration. CEO Siddarth Jena stated the habitat will take seven days to fully inflate in orbit. AkashaLabdhi is negotiating with SpaceX for a launch slot, highlighting India's technological prowess and potential for global space collaborations.

Image of Ajay Kumar, former defence secretary of India, with a backdrop featuring a satellite in space and a tree growing money on Earth, symbolizing his new venture capital firm, Mounttech Growth Fund, focused on defence, aerospace, and deeptech startups.

Ajay Kumar Launches Rs 250 Cr Fund for Defence, Aerospace, Deeptech Startups

Ajay Kumar, former defence secretary of India, has launched Mounttech Growth Fund, a Rs 250 crore venture capital firm focusing on early-stage startups in defence, aerospace, and deeptech sectors. Approved by Sebi, the fund has received subscriptions worth Rs 280 crore and plans to use the green-shoe option for an additional Rs 250 crore. The fund’s first scheme is named Kavach, with Suryakant Dalmia of Dalmia Securities as the primary sponsor. Mounttech Growth Fund includes retired top armed forces officers as advisors and aims to capitalize on increased opportunities in defence and aerospace sectors, spurred by government initiatives like iDEX. The fund plans to make its first investment in the space sector soon and will collaborate with other VC firms and incubators at institutions like IIT Kanpur and IISc Bengaluru.

The image shows a satellite orbiting Earth with the AWS logo prominently displayed. The satellite is positioned on the right side of the image, while the Earth's curvature and atmosphere dominate the background. The AWS logo, featuring its distinctive orange swoosh, is placed on the left side, partially overlaid on the Earth. The scene highlights the connection between AWS and space technology.

AWS Launches India's First Space Accelerator, Welcomes 24 Innovative Startups

AWS has inaugurated its first space accelerator in India, partnering with ISRO and IN-SPACe to select 24 pioneering startups for a comprehensive 14-week program. This initiative aims to drive innovation in space technology by providing technical expertise, specialized AWS training, and mentorship. The participating startups will benefit from up to $100,000 in AWS credits and support in building scalable solutions using advanced technologies like AI, machine learning, and data analytics. The accelerator will also offer guidance on go-to-market strategies, fundraising, and essential business practices, fostering a robust ecosystem for space tech advancements in India.

An astronaut floating in space between the American flag on the left and the Indian flag on the right, set against a starry night sky background.

US-India Human Spaceflight Cooperation Advances: Indian Astronaut to Fly to ISS

The governments of the United States and India have announced their ongoing cooperation in human spaceflight, which includes plans for an Indian astronaut to fly to the International Space Station (ISS). This initiative was highlighted in a fact sheet released after the U.S.-India initiative on Critical and Emerging Technology (iCET) meeting in New Delhi. While specific details about the astronaut, mission carrier, and flight timeline are still being finalized, the collaboration marks a significant milestone in space exploration for both nations.

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Topic - SpaceTech | Everything Startups