#space sector

Overview of AST SpaceMobile and its Market Position AST SpaceMobile, a leading player in the satellite communications industry, is focused on providing cellular connectivity to underserved and remote areas around the globe. The company’s business model revolves around creating a network of low-earth orbit satellites, which are designed to work seamlessly with existing mobile devices. This…

1. India’s Space Sector Source: The HinduSyllabus: GS3 – Economy News India’s space sector has contributed approximately $24 billion (₹20,000 crore) to the country’s Gross Domestic Product over the past decade. Consistent investment, totaling $13 billion in the last decade, has positioned India as the 8th largest space economy globally in terms of funding. The 2024-25 Union Budget further…

Prime Minister Narendra Modi on Friday inaugurated the headquarters of the Indian Space Promotion and Authorisation Centre (IN-SPACe), set up to promote private investment and innovation in the space sector. The government has initiated reforms in the space sector and opened it up for private sector, Modi said, speaking at the inaugural event in Ahmedabad. “I am hopeful that like in the IT…

Airtel Chief Sunil Mittal Calls Space “The Next Frontier Of Communications”

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Airtel chief Sunil Mittal spoke about the future of communication at the India Mobile Congress (File)

New Delhi:

India is poised to derive full benefit of global investments on 5G standards and ecosystems in the coming two-three years, as equipment prices come down and devices become available, Chairman of Bharti Airtel, Sunil Mittal said today.

Terming space as the “next frontier…