Space Tech: Vikram Sarabhai Centre and K Space ink pact
POWER & RENEWABLE ENERGY

Space Tech: Vikram Sarabhai Centre and K Space ink pact

In the presence of Chief Minister Pinarayi Vijayan, the Vikram Sarabhai Space Centre (VSSC) and Kerala Space Park (K Space) inked a memorandum of agreement for the operation of the space park. According to a release from the Chief Minister's Office, VSSC scientists will be part of K Space's governing advisory committees and will offer direction and technical assistance for the development of the space park as part of the MoU. According to the statement, K-Space will take the required actions to draw in fresh capital and support the growth of the space industry.
According to a statement, it was noted that the collaboration would serve as a catalyst for advancing the Indian space sector by facilitating the manufacturing and servicing of high-quality and complex products. Additionally, it was mentioned that they would work together with potential investors to bring innovative ideas to commercial fruition.
The statement further indicated that Vijayan welcomed the development, emphasising that the space park would facilitate new initiatives through the partnership between ISRO and K Space.
At the ceremony, ISRO Chairman S Somnath, serving as the chief guest, expressed his belief that the space park would greatly benefit industries involved in space technology. He noted, as per the statement, that due to its proximity to VSSC, the space park held immense potential.
The Memorandum of Understanding (MoU) was signed on behalf of VSSC by Director S Unnikrishnan Nair and on behalf of K Space by Ratan U Kelkar, who serves as Chairman of the Executive Council and Secretary of the Electronics and Information Technology Department, the statement added. K Space is a strategic initiative of the Kerala government aimed at promoting the establishment of industries in key strategic domains such as space, aviation, and defence.   

In the presence of Chief Minister Pinarayi Vijayan, the Vikram Sarabhai Space Centre (VSSC) and Kerala Space Park (K Space) inked a memorandum of agreement for the operation of the space park. According to a release from the Chief Minister's Office, VSSC scientists will be part of K Space's governing advisory committees and will offer direction and technical assistance for the development of the space park as part of the MoU. According to the statement, K-Space will take the required actions to draw in fresh capital and support the growth of the space industry.According to a statement, it was noted that the collaboration would serve as a catalyst for advancing the Indian space sector by facilitating the manufacturing and servicing of high-quality and complex products. Additionally, it was mentioned that they would work together with potential investors to bring innovative ideas to commercial fruition.The statement further indicated that Vijayan welcomed the development, emphasising that the space park would facilitate new initiatives through the partnership between ISRO and K Space.At the ceremony, ISRO Chairman S Somnath, serving as the chief guest, expressed his belief that the space park would greatly benefit industries involved in space technology. He noted, as per the statement, that due to its proximity to VSSC, the space park held immense potential.The Memorandum of Understanding (MoU) was signed on behalf of VSSC by Director S Unnikrishnan Nair and on behalf of K Space by Ratan U Kelkar, who serves as Chairman of the Executive Council and Secretary of the Electronics and Information Technology Department, the statement added. K Space is a strategic initiative of the Kerala government aimed at promoting the establishment of industries in key strategic domains such as space, aviation, and defence.   

Next Story
Infrastructure Transport

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Next Story
Real Estate

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Next Story
Real Estate

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement