Vaanam: Pioneering Space Tech Accelerator Launched in Chennai
Vaanam, the first private space tech accelerator in India, was launched in Chennai to bolster the space startup ecosystem in Tamil Nadu. Spearheaded by entrepreneurs Hariharan Vedamurthy and Sameer Bharat Ram, the accelerator aims to support startups with mentorship from former ISRO scientist Nambi Narayanan. The initiative was inaugurated by Tamil Nadu industries minister TRB Raaja, highlighting the state's commitment to advancing space technology. With plans to establish a propellant park and a second rocket launchpad in Thoothukudi, Tamil Nadu is positioning itself as a hub for space innovation. Minister Rajaa emphasized the state and central government's support for space tech startups, highlighting the significance of accelerators in funding and development. Narayanan underscored the need for private sector involvement and proposed an Asian Space Agency to foster interplanetary travel and enhance trade relations in the region.