India’s space sector promoter IN-SPACe has announced a Rs 1 crore grant for startups and MSMEs to explore application of artificial intelligence (AI) in diverse areas of space activity.The announcement of the ‘AI INSPIRED (Innovating Space Performance with Intelligent Resilient Engines Development) Opportunities in Space Sector’ was made by Vinod Kumar, Director, Promotion Directorate, Indian National Space Promotion and Authorisation Centre (IN-SPACe).The funding support will be provided as grant-in-aid under the IN-SPACe Seed Fund Scheme, a statement from IN-SPACe said.”We will support selected entities with proposal development, access to resources, mentorship, skills, and solution building support. We are keen to see how non-government entities use this opportunity to develop solutions that serve national priorities over the long term,” said Kumar. The AI INSPIRED Opportunities in Space Sector programme is designed to support the integration of AI with space exploration and applications, with a total outlay of up to Rs 6 crore with a maximum of Rs 1 crore to each selected grantee.”Up to six grantees will be selected, with each eligible to receive grant-in-aid support of up to Rs 1 crore to advance their projects,” said Kumar. IN-SPACe seeks proposals that apply AI across key areas of space activity, including… Read MoreYourStory RSS Feed
