Clarity on IPRs Key to Space Startup Success: Industry Leader

Clarity on intellectual property rights (DPI) is crucial for the success of startups in the space sector, an industry leader has said, even as the government prepares to unveil a new space policy. The space policywhich is expected to focus on the ease of doing business in the emerging sector, is in the final stages of consultations and is expected to provide a roadmap for the private sector to contribute to technology transfer, remote sensing and satellite communication.

Speaking at a meeting of startups and investors organized by Indian Space Association (ISpA) and Kalaari Capital here recently, ISpA President Jayant Patil also said that the policy will receive legal support for its implementation after the approval of the Space Bill by Parliament.

Patil said the issue of intellectual property rights was the biggest problem troubling the startup community in the space sector, which was opened up to private participation by the government about two years ago.

“Will you own the intellectual property (IP) or will the intellectual property belong to the government? government. on future space policy.

“As a government, you cannot own all of the intellectual property. If the intellectual property belongs to the government, it is of no use to the startup,” he said, adding that the concerns of the startup sector had been recognized by the government.

AS Kiran Kumar, the former Chairman of Indian Space Research Organization (ISRO) has asked startups to identify the end users or buyers of their products before embarking on any venture.

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He said there were plenty of opportunities in the space sector, but no clear prescription for success.

India’s share of the estimated $360 billion global space economy is about 2%, or about $7 billion.

Lieutenant General VG Khandare, a senior adviser to the Ministry of Defence, asked the startups to focus on areas such as space situational awareness (SSA) and processing data received from various space assets.

“We need to be able to manage big data, we also need to be able to cleanse that data, harmonize it with legacy data, and ensure the integrity of that data, store it properly cataloged and archived so it can be ready for artificial intelligence, says Khandare.

He said data ready for use by AI-enabled systems can be used to the best of their commercial ability.

Khandare also urged startups not to duplicate technologies already in use and to consider offering better solutions.

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