News > Explained: What ISRO’s latest MoU with startups mean for India’s space industry

Explained: What ISRO’s latest MoU with startups mean for India’s space industry

India’s Department of Space, under which the state-run Indian Space Research Organization (ISRO) operates - signed a slew of Memoranda of Understanding in recent weeks with Indian private rocket startups.

Given that activities in the space domain are capital intensive and technologically not-so-easy to access, ISRO would be enabling startups to use their own facilities to perform various processes and functions, besides offering mentoring support, that would help the fledgling firms get closer to their orbital launch aspirations.