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AWS launches its first-ever space accelerator program in India to support spacetech startups

IndianStartupNews

IndianStartupNews · 1y ago

AWS launches its first-ever space accelerator program in India to support spacetech startups

Amazon Web Services (AWS) has launched its first space accelerator program in India. The program, named AWS Space Accelerator: India, aims to support and nurture innovation in the space technology sector. 24 startups have been selected to participate in the 14-week program, which offers technical expertise, AWS training, and mentorship. The startups cover various segments of the space industry, including spacecraft propulsion, satellite imagery, and space tourism. AWS signed a Memorandum of Understanding with the Indian Space Research Organization (ISRO) and the Indian National Space Promotion and Authorization Centre (IN-SPACe) to support the growth of space startups in India.

Related News

AWS Launches Its First Space Tech Accelerator Program, With T-Hub, And Minfy

OutlookIndia

OutlookIndia · 1y ago

AWS Launches Its First Space Tech Accelerator Program, With T-Hub, And Minfy

Amazon Web Services (AWS) India has introduced its first accelerator program called AWS Space Accelerator: India. The program aims to support start-ups in the space technology sector by providing technical expertise, business mentoring, and support from T-Hub and Minfy. This initiative follows the memorandum of understanding signed by AWS with ISRO and IN-SPACe last year to nurture start-ups and drive innovation in space-tech. The 14-week accelerator program offers dedicated resources, guidance, and up to $100,000 in AWS credits for qualifying start-ups. The program is open to early-stage and mature start-ups based in India until March 17th, 2024.

AWS partners ISRO, IN-SPACe to boost space-tech innovations in India

Economic Times

Economic Times · 1y ago

AWS partners ISRO, IN-SPACe to boost space-tech innovations in India

Amazon Web Services (AWS) India has signed a memorandum of understanding (MoU) with the Indian Space Research Organisation (ISRO) and the Indian National Space Promotion and Authorization Centre (IN-SPACe) to support space-tech innovations through cloud computing. The collaboration will provide space startups, research institutes, and students access to cloud technologies to accelerate the development of solutions in the space sector. AWS will offer tools, resources, and technical support to eligible space startups through the AWS Activate program and the AWS Space Accelerator program.

AWS shortlists 24 start-ups under its space accelerator programme

Business Today

Business Today · 1y ago

AWS shortlists 24 start-ups under its space accelerator programme

Cloud services giant AWS has selected 24 startups for its India-based space technology accelerator program, AWS Space Accelerator: India. Launched in 2023 in partnership with the Indian Space Research Organisation and the Indian National Space Promotion and Authorisation Centre, the 14-week programme aims to bolster space tech growth in India. The startups were chosen across various space sectors, including satellite imagery, geospatial applications, and space tourism, and will receive $100,000 in AWS credits and support. AWS will offer technical expertise, specialised training, and mentoring throughout the programme. Clint Crosier, Director of the Aerospace and Satellite Business at AWS, cited India's growth opportunities and highly skilled talent as reasons for the accelerator's location.

AIC T-Hub launches Space Tech incubation program for startups

IndianStartupNews

IndianStartupNews · 1y ago

AIC T-Hub launches Space Tech incubation program for startups

Hyderabad-based startup incubator T-Hub has launched a Space Tech Incubation Program in collaboration with Atal Innovation Mission (AIM). The program aims to revolutionize India's SpaceTech sector by nurturing 10 selected startups and providing them with grants, access to venture capitalists, mentorship from space industry experts, and insights from veteran spacetech entrepreneurs. The program also includes strategic partnerships with space agencies, investment bodies, and corporate companies to advance space technology in India.

PayU and AWS launches accelerator programme to help early-stage Indian fintech startups

YourStory

YourStory · 6m ago

PayU and AWS launches accelerator programme to help early-stage Indian fintech startups

PayU and Amazon Web Services (AWS) have launched InFINity 2.0, an accelerator program to support early-stage Indian fintech startups. The program is aimed at startups that have raised less than $10 million and are seeking seed to Series A funding. The selected cohort will benefit from mentorship sessions, funding opportunities, and access to exclusive resources such as AWS Activate credits and PayU Startup Program credits. The previous edition of the program resulted in a $5 million seed investment for a cross-border payments startup. Applications for InFINity 2.0 are open from December 12 to February 15.

AWS selects seven Indian Gen AI startups for global accelerator

YourStory

YourStory · 9m ago

AWS selects seven Indian Gen AI startups for global accelerator

Amazon Web Services (AWS) has chosen seven Indian Gen AI startups to participate in its AWS Global Generative AI Accelerator program. The selected companies are Convrse, House of Models, NeuralGarage, Orbo.ai, Phot.ai, Unscript AI, and Zocket. These startups have been recognized for their use of artificial intelligence and their potential for global expansion. They will have the opportunity to present their solutions at AWS' re:Invent event in Las Vegas. AWS has invested $230 million to support startups worldwide in developing generative AI applications. In India, AWS has supported generative AI startups through initiatives like the AWS GenAI Loft in Bengaluru.

PwC India launches programme to mentor 15 startups in blockchain, AI, other areas

Economic Times

Economic Times · 4m ago

PwC India launches programme to mentor 15 startups in blockchain, AI, other areas

PwC India has launched the 'Emerging Tech Startup Challenge,' an accelerator program to mentor 15 Indian startups in fields like AI, blockchain, and space tech. The program aims to drive innovation and support startups with mentorship, consulting, and strategic guidance. Selected startups will receive pro-bono consulting and mentorship over three months through a hybrid format. The initiative seeks to foster a sustainable tech ecosystem, drive economic growth, and encourage transformative solutions across various industries.

Twenty AI-first startups join the eighth cohort of Google for Startups Accelerator India

Economic Times

Economic Times · 1y ago

Twenty AI-first startups join the eighth cohort of Google for Startups Accelerator India

Twenty AI-first startups have been selected to join the eighth cohort of the Google for Startups Accelerator India program. The selected startups will receive tailored mentorship and support from Google's experts to help them scale and achieve their goals. The accelerator program aims to empower and boost the growth of startups in India's AI ecosystem.

AWS and Accel join forces to launch accelerator program for Generative AI start-ups

Business Today

Business Today · 1y ago

AWS and Accel join forces to launch accelerator program for Generative AI start-ups

AWS (Amazon Web Services) and Accel have partnered to launch an accelerator program for generative AI startups, as reported by Business Today. The program aims to support and nurture startups working in the field of generative artificial intelligence. Through this collaboration, selected startups will receive mentorship, resources, and guidance from industry experts to accelerate their growth and innovation in AI technology.

'AWS working with Indian startups to solve for world'

Economic Times

Economic Times · 1y ago

'AWS working with Indian startups to solve for world'

Amazon Web Services (AWS) is partnering with Indian startups to help them expand globally by exporting their innovative ideas. Gaurav Arora, the director and head of startup business in Asia Pacific and Japan at AWS, stated that India has the most mature startup ecosystem in the region and stands out for its ability to solve global problems. Over half of the startup founders on an AWS US GenAI delegation were Indian, highlighting India's strong presence in the startup space. AWS aims to support startups through its GenAI program, providing access to technology, customers, and global scalability opportunities.

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