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Searched Tag: space sector
A blaze of light streaks across the sky, but what is it?

Know the fireballs: Comet, rocket and more

May 12, 2025, 02:44 PM - 8 min read

While these objects have some similarities, there are crucial differences that can help us work out what just passed over our heads.

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Humans will soon be able to mine on the Moon

Humans will soon be able to mine on the Moon

December 31, 2024, 02:44 PM - 7 min read

Now is the time to create the rules and regulations that will protect humanity’s shared future in space and ensure the Moon remains a symbol and inspiration for generations to come.

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ADB open to funding space sector in India, says VP Bhargav Dasgupta

ADB open to funding space sector in India, says VP Bhargav Dasgupta

May 3, 2024, 04:46 PM - 2 min read

ADB's Vice President Bhargav Dasgupta announced the bank's readiness to fund India's space sector alongside its climate finance focus. While ADB has undertaken satellite projects in the Asia Pacific, it has yet to assist India's space sector.

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Lunar Lander Odysseus captured while floating in space.

US Intuitive machines’ Odysseus becomes first privately owned spacecraft to land on the moon

February 23, 2024, 08:42 AM - 2 min read

This marks the first U.S. landing on the lunar surface in over half a century and represents a groundbreaking milestone as the first-ever lunar landing achieved by the private sector.

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The Union Cabinet has allowed 100% foreign direct investment (FDI) in the space sector in a bid to attract potential investors to invest in Indian space companies. 

Govt allows 100% FDI in space sector

February 22, 2024, 12:43 PM - 2 min read

The Ministry of Commerce and Industry stated that, "The increased private sector involvement will stimulate job creation, facilitate technology transfer, and fortify India's position in the global space economy, It is anticipated that the policy reforms will incentivize companies to establish manufacturing facilities within the country, aligning with the government's 'Make In India' and 'Atmanirbhar Bharat' initiatives"

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