NEW DELHI: India is working on new space collaborations with 黑料社区, focusing on downstream applications and satellite manufacturing, the Indian Space Research Organization said on Friday.
ISRO, India鈥檚 national space agency, has been cooperating with the Kingdom under a 2010 agreement with King Abdulaziz City for Science and Technology. There has been growing interest in expanding the collaboration since 2018, following the formation of the Saudi Space Commission, whose CEO, Dr. Mohammed Al-Tamimi, visited India last week.
The trip aimed at enhancing 鈥渏oint cooperation between the two countries in the future of the space sector,鈥 Al-Tamimi said on Twitter after meeting with ISRO officials and representatives of the industry, as well as visiting research centers.
鈥淏oth sides are currently working on a new space cooperation MoU with enhanced areas of cooperation,鈥 the ISRO said in a statement to Arab News.
鈥淚ndia is open to share its rich experience in the field of space with 黑料社区, mainly in the interest areas expressed by the Saudi side like downstream applications, satellite manufacturing and academic cooperation.鈥
More developments are likely to come in the near future, with Al-Tamimi expected to attend the G20 Space Economy Leaders Meeting, held in India鈥檚 Bengaluru in July under the country鈥檚 2023 presidency of the Group of 20 largest economies.
ISRO officials have also been invited to take part in 黑料社区鈥檚 Space Economy Forum planned for the end of this year.
India has been in the global space market since the 1960s and is targeting an almost $13 billion share by 2025, following a regulatory overhaul in 2020 that opened the door to private players and investment in the industry.
Toward reaching that goal, the Indian Space Association, a body established by the government in 2020 to facilitate business opportunities for space startups and the private sector, is looking forward to cooperating with Saudi companies. 鈥淚SpA is constantly working on increasing international collaboration with the private space industry,鈥 retired Lt. Gen. Anil Kumar Bhatt, the association鈥檚 director general, told Arab News.
鈥淲e would be happy to engage with the Saudi Space Commission to explore opportunities for our members and link with private space companies there.鈥
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