ISRO’s MoU with startups a game changer!
Simply expressed, the changes would allow the private sector and startups to engage in space operations like rocket and satellite development, spacecraft ownership and operation, and space and ground-based services. Given that space operations are financially demanding and technologically difficult to access, isro would allow startups to use their facilities to execute different procedures and functions, as well as provide mentoring to help the nascent businesses move closer to their orbital launch goals.
The MoUs are predicated on the heads of Skyroot Aerospace and Agnikul Cosmos, two space companies that will be supported by isro in their respective operations. These firms are responsible for testing all avionics and engine systems, as well as working on different elements and sub-domains of rocketry under the guidance of ISRO. New rocket designs and engine concepts need complex, one of a kind testing facilities, which only isro can provide in India.