An Associate Professor from the Department of Mechanical and Aerospace Engineering at NC State University will attend a space economy conclave in India as a part of the “Space Technology: The Next Business Frontier” project, coordinated jointly by the Indian Institute of Technology Madras (IITM) and the U.S. Consulate General Chennai.
Dr. Venkat Narayanaswamy will attend this 3-day, invitation-only, conclave this coming weekend, Oct. 15 through 17, at IIT Madras, Chennai. The Indian Space Association (ISpA) will be co-organising this event along with IIT Madras. Dr. Narayanaswamy will be participating in the Inaugural session and Thematic plenary session.
According to IIT’s website, the conclave aims to bring together major stakeholders in the Space Technology sector to explore ways to optimize business opportunities and collaboration across the Indo-Pacific region. The conclave will center around four main themes: (1) Space Policy, (2) International Collaboration, (3) Scientific Research and Development, and (4) Space Entrepreneurship and Business
Representatives from more than 15 Indo-pacific countries including India, USA, Japan, Australia, New Zealand, Singapore, South Korea, Germany, Malaysia, Philippines, Indonesia and more will be participating at this conclave. These Groups include representatives from ISRO, NASA, JAXA, ASA and several other Governmental space agencies, industry organizations, and businesses. Attendees at the conclave will also include space technologists, entrepreneurs, investors, policy makers, venture capitalists and many others from different fields all affected by Space Economy.
Attendees will analyze the challenges, risks and opportunities for entrepreneurs investing in these sectors. The outcome of this conclave will be the establishment of the Association of Space Entrepreneurs in the Indo-Pacific (ASEIP) and a report on the consensus of the conclave that will be shared with stakeholders in India, the United States and other Indo-Pacific countries.