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ISRO to Launch Incubators for Grooming Space Startups

13Aug By Gauri SinghNo Comments

BUSINESS

ISRO to Launch Incubators for Grooming Space Startups

Indian Space Research Organisation (ISRO) is planning to launch incubators across the country for the purpose of grooming the startups that build fresh solutions in rocketry, communication satellites and applications from remote sensing data. The basic motive is to assist the space startups to establish themselves and also create a strong local commercial space ecosystem in the country. As of now, ISRO has got involved with various startups through its commercial arm Antrix Corp. Some of these companies include Bellatrix Aerospace, Aniara Communications and Exseed Space. At present, the research organization is looking forward to incubate startups that would set up applications, offer services and products which it can use internally and help them grow. “We are looking at multipl...

Unicorn India Makes its Sixth Investment in Kerala in Inntot Technologies

The early-stage investors Unicorn India Ventures have declared their latest funds investment in a Kerala-based Software Defined Radio (SDR) startup called ‘Inntot Technologies’. Unicorn India Ventures is a Bengaluru-based firm that provides funds to the startups at the very critical and initial stages, who have the potential and are ambitious to expand in the market. The company claims that they invest both, time as well as money, in the budding entrepreneurs who are passionate to bring a difference. Whereas, Inntot Technologies is a non-government tech-oriented company which offers software solutions for digital radio receivers to make it cost-effective. It was founded by Rajith Nair and Prasanth Thankappan in 2014. Inntot Technologies claims that it has raised funds to augment m...

Saudi Arabia bans produce from Kerala fearing Nipah Virus Spread

Saudi Arabia has reportedly put a ban on processed and frozen fruit and vegetable imports from Kerala amidst severe concerns over the deadly Nipah Virus outbreak. The Nipah virus can result in a dangerous swelling of the brain called-encephalitis and its common symptoms can vary from a cough, headache, high fever, shortness of breath to confusion, reported the Gulf News on Monday. The virus resides naturally in fruit bats across South and Southeast Asia and can spread to humans through contact with the animals’ bodily fluids. The difficult part is that it has no vaccine and no cure. The virus is listed by the W.H.O. as a high priority for research. About 100 tonnes of fruits and vegetables fresh produce that was to be imported from Kerala was prohibited from entry as per orders fr...