Suhora Technologies, a prominent space data analytics company based in India, has been awarded the prestigious IN-SPACe Seed Fund Grant-in-Aid for their innovative work in the marine sector utilizing space technology. The grant, part of the ‘Announcement of Opportunity for the Marine Sector using Space Technology,’ aims to drive growth in the blue economy through the power of space technology. Suhora Technologies was selected from a pool of 45 proposals by an expert committee of space luminaries, showcasing their commitment to revolutionizing Earth Observation and geospatial analytics.
The company’s platform integrates cutting-edge satellite imagery with advanced data analytics to deliver Satellite-as-a-Service solutions that enhance Maritime Domain Awareness. By offering seamless multi-sensor integration, automated analytics, and near real-time insights, Suhora Technologies plays a crucial role in ocean monitoring, maritime security, situational awareness, and disaster response efforts in coastal communities. Their AI-driven solutions optimize satellite orbit dynamics, provide smart tasking for precision monitoring, and detect anomalies like dark ships and illegal maritime activities.
Amit Kumar, COO & Co-Founder of Suhora Technologies, expressed gratitude for the recognition by IN-SPACe and highlighted the transformative potential of space technology in maritime operations. The IN-SPACe Seed Fund Scheme, introduced in December 2023, supports space start-ups and micro & small industries aiming to develop innovative space products and services. With the downstream space technology market projected to reach USD 610 billion by 2031, initiatives like the Seed Fund Scheme play a vital role in fostering the private space ecosystem and driving advancements in space technology for the benefit of society.
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