“Space policy is in the works. That will change the space sector,” said Mr. Sood, who assumed office on April 25. In 2022, the space sector is witnessing what the information technology sector experienced in the 1990s. SpaceX, founded by Elon Musk in 2002, is a private space transportation company that designs, manufactures and launches advanced rockets and spacecraft. That is the theme — connect the unconnected — that will happen when we open up the space sector,” Mr. Sood said.

Source: The Hindu June 04, 2022 03:30 UTC