The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has introduced the Technology Adoption Fund (TAF) to provide financial assistance to the country’s space technology startups, helping them develop commercially viable products while reducing reliance on imported solutions.
Through TAF, IN-SPACe aims to support various outcomes, including the development of new space products and the creation of intellectual property that can drive future research and development.
Further, the fund is designed to promote advanced space technologies while contributing to job creation and economic growth. Beyond financial support, the initiative will also offer technical guidance and mentoring opportunities, enabling companies to overcome challenges during the product development phase.
