New Delhi: India’s leading space association, SIA-India and Brazil’s prominent Satellite Communications Association, ABRASAT forged a partnership through a memorandum of understanding (MoU) on March 28. This collaboration aims to enhance cooperation and progress in the space sector of both countries.
The mutual commitment of both associations signifies the strengthening of their strategic collaboration in space. It lays the groundwork for innovative projects and technological collaboration. This partnership is anticipated to facilitate business expansion and mutual cooperation between India and Brazil across various domains such as satellite communication, rocket launches, payload development, and ground instrumentation.
Highlighting the longstanding alliance between India and Brazil, Dr Subba Rao Pavuluri, President of SIA-India, stated the potential for deeper cooperation in satellite communication, encompassing a wide range of technologies and services, from broadband connectivity to emergency response systems.
Acknowledging the successful history of space collaboration between Brazil and India, exemplified by the launch of the Amazonia 1 satellite, Mauro Wajnberg, President of ABRASAT, viewed the MoU as a significant step forward in strengthening ties and unlocking new opportunities for collaboration.
Commending India’s progressive FDI policy in the space sector, which allows 100 percent FDI, Anil Prakash, DG of SIA-India sees it as a catalyst for job creation, technological advancement, and self-reliance, aligning with India’s initiatives for innovation and economic empowerment.
Head of international business development at ABRASAT, Fábio Alencar highlighted the successful policies of the Brazilian government in digital inclusion and satellite technology promotion that has led to a positive environment for the development of satellite services, including the exploration of Brazilian orbital slots.
Offering vast commercial opportunities, the growing space sectors of India and Brazil with private-driven activities and satellite deployments is witnessing a surge. The MoU between SIA-India and ABRASAT aims to explore new market dynamics, infrastructure development, and private investments, providing a platform for industry players to capitalise on emerging prospects.
