The Indian Space Research Organization (ISRO) and the National Institute of Technology (NIT), Rourkela have signed the Design Technology Space Technology Incubation Center (S-TIC). The MoU was signed on Thursday after ISRO agreed to establish a Space Technology Incubation Center (S-TIC) at NIT Rourkela. The partnership with ISRO will open up new opportunities for research and development and start-up space, a Nour official said, Rourkela said.
S-TIC will develop young scholars with new research skills for research and product development in the field of space technology and application. INIT Rourkela will provide its state of the art laboratory, facilities and professional skills to meet this goal.
There is no doubt that S-TIC at NIT Rourkela will assist, encourage, and promote the development of skills, innovation and research activities throughout the Eastern region of our country including Odisha, West Bengal, Bihar, Jharkhand, and Andaman and Nicobar. This S-TIC will enable startup order
builds applications and products that can be used in future space travel, they say.
It will also provide an excellent opportunity for academics to partner with industry and contribute to Aatmanirbhar Bharat Abhiyan in the field of Space Technology initiated by ISRO. ISRO will provide annual financial support of Rands. 2 crore two years in NIT-R as seed money to set up STIC. The seed money will be used to expand the area to do research projects and product development taken from ISRO.
Chairman, ISRO and Secretary of the Department of Atmospheric Dr K Sivan congratulated NIT Rourkela on the event. He also pointed out that research related to space technology and products from STIC will be used in future space travel and will help build nation through