
#space sector

Nation
ADB open to funding space sector in India, says VP Bhargav Dasgupta
ADB's Vice President Bhargav Dasgupta announced the bank's readiness to fund India's space sector alongside its climate finance focus. While ADB has undertaken satellite projects in the Asia Pacific, it has yet to assist India's space sector.
• May 03 2024
International
US Intuitive machines’ Odysseus becomes first privately owned spacecraft to land on the moon
This marks the first U.S. landing on the lunar surface in over half a century and represents a groundbreaking milestone as the first-ever lunar landing achieved by the private sector.
• Feb 23 2024
Economy
Govt allows 100% FDI in space sector
The Ministry of Commerce and Industry stated that, "The increased private sector involvement will stimulate job creation, facilitate technology transfer, and fortify India's position in the global space economy, It is anticipated that the policy reforms will incentivize companies to establish manufacturing facilities within the country, aligning with the government's 'Make In India' and 'Atmanirbhar Bharat' initiatives"
• Feb 22 2024
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