ISRO, NIT Rourkela Collab To Establish Space Technology Incubation Centre

Heralding academic innovation, the Indian Space Research Organisation (ISRO) and the National Institute of Technology (NIT) Rourkela have jointly signed a memorandum to instate a Space Technology Incubation Centre. Reportedly, ISRO will render Rs 2 crore per year Grant-in-Aid for two years as seed capital, while NIT-R proffers its outstanding laboratories and faculties. The collaboration unlocks new avenues for research and product development in space technology, besides inspiring startups in the sector.