Amazon Web Services (AWS) has introduced the ‘AWS Space Accelerator: India,’ a 14-week program designed to support space-tech startups in India. In collaboration with T-Hub and Minfy, this initiative aims to provide startups with business resources, technical expertise, and up to $100,000 in AWS credits. Applications are open until March 17, 2024.
Program Details:
- Duration: The 14-week accelerator program.
- Support Offered: Dedicated business resources, technology guidance, and mentorship to help startups leverage AWS for development, growth, and scalability.
- Eligibility: Open to early-stage and mature startups focusing on the space sector.
Application Process:
Interested startups can apply until March 17, 2024, and will be evaluated based on criteria such as uniqueness and innovation, product-market fit, value to space-tech innovation, creative use of AWS technology, and the team’s ability to deliver on the identified opportunity.
Benefits for Qualified Startups:
Selected startups will receive the following:
- Up to $100,000 in AWS credits.
- Guidance from ISRO, IN-SPACe, AWS experts, and business/technology support from T-Hub and Minfy.
- Insights into space domain technologies, leveraging space data, and building scalable solutions using cloud computing, data analytics, and machine learning.
The objective of the Accelerator:
The program aims to address challenges faced by space-tech startups, including capital investment, access to a skilled workforce, and significant technology development and testing. It provides startups with an opportunity to build and test solutions using AWS simulation technologies, allowing rapid experimentation at a low cost.
Collaborative Support:
- ISRO and IN-SPACe will provide guidance and support through educational workshops and seminars for startups.
- T-Hub will offer insights into business establishment, fundraising strategies, and pitch presentation fine-tuning.
- Minfy will conduct technical sessions covering AWS knowledge, advanced cloud architecture, aligning with the AWS Well-Architected Framework, and securing workloads.
AWS’s Commitment:
AWS underscores the significance of cloud computing in powering the future of the space industry. It enables startups to harness high-performance computing resources for data analysis, machine learning, and innovation, ensuring lower operational costs, faster time-to-market, and scalability.
The ‘AWS Space Accelerator: India’ aligns with AWS’s commitment to supporting startup innovation globally in the space sector. As AWS collaborates with ISRO, IN-SPACe, T-Hub, and Minfy, the initiative aims to nurture space-tech innovation in India and contribute to the growth of the indigenous space industry.
