ISRO, IN-SPACe, and NSIL Sign 75 Technology Transfer Agreements with NGEs

Current Context: ISRO, IN-SPACe, and NSIL have achieved a significant milestone by signing 75 Technology Transfer Agreements (TTAs) with Non-Governmental Entities (NGEs).

• This initiative is part of India’s space reforms aimed at boosting private sector participation in the space industry.
• The latest batch of five TTAs was signed on September 20, 2024, with companies including Anabond Ltd., Salvo Industries Pvt Ltd., Micropack Pvt Ltd., and Astra Microwave Products Ltd.
• These agreements allow private players to access ISRO’s advanced technologies, promoting innovation and commercial applications across various sectors such as agriculture, energy, infrastructure, defence, telecommunications, and cybersecurity.
• Dr. Pawan Goenka, Chairman of IN-SPACe, highlighted that this milestone reflects efforts to empower India’s space private sector and foster a thriving space economy.

Question:

1 Which organizations have signed 75 Technology Transfer Agreements (TTAs) with Non-Governmental Entities (NGEs) as part of India’s space reforms?

• A) ISRO, DRDO, and HAL
• B) ISRO, IN-SPACe, and NSIL
• C) ISRO, BARC, and CSIR
• D) ISRO, NASA, and ESA

Answer: B) The Indian Space Research Organisation (ISRO), Indian National Space Promotion and Authorization Center (IN-SPACe), and NewSpace India Limited (NSIL) have signed 75 TTAs with NGEs to boost private sector participation in the space industry.