| | JULY 20259· EU aims to lead quantum tech by 2030, reducing reliance on the US and China.· Only 5% of global private quantum investments reach Europe, prompting focus on private funding.· Quantum Act proposed for 2026 to bolster research, startups, and dual-use applications.In a significant step toward enhancing private sector participation in India's space ecosystem, the Indian National Space Promotion and Authorization Centre (IN-SPACe) has facilitated the transfer of ten advanced ISRO-developed technologies to six Indian companies.This initiative, following Hindustan Aeronautics Ltd (HAL)'s ?511-crore deal to own, operate, and market ISRO's Small Satellite Launch Vehicle (SSLV), aims to promote indigenization and reduce reliance on imported systems across upstream, midstream, and downstream space technology segments."ISRO has a flourishing repository of R&D in space technologies, and it is time we leverage that to the optimum to strengthen India's space industrial ecosystem. In that effort, industry-led innovation will play a key role," said Dr. Pawan Goenka, Chairman, IN-SPACe.In the upstream segment, Zetatek Technologies Pvt. Ltd., Hyderabad, has acquired two advanced inertial sensors from ISRO's Inertial Systems Unit: the Laser Gyroscope and the Ceramic Servo Accelerometer, critical for precise navigation and control in space applications.The midstream segment uses three technologies of ground station operations that have been transferred to Avantel and Jisnu Communications, both communications solution providers in the space and the defense field based in Hyderabad and developed by ISRO. These are the S X Ka tri-band dual circular polarized monopulse feed, tri-axis antenna control servo system, the Ku/C/L and S-Band Cassegrain feed systems which have bolstered the capacities of the satellite communication infrastructure structureFor the downstream segment, Amnex Info Technologies, Ahmedabad, has received two geospatial models from ISRO's Space Applications Centre (SAC). These models will support precision farming by aiding agricultural decision-making and crop protection efforts.Additionally, Jalkruti Water Solutions Pvt. Ltd., Ahmedabad, has acquired a compact, multi-parameter, portable bathymetry system from ISRO's National Remote Sensing Centre (NRSC). Designed for UAV-based integration, this system will enable efficient water resource monitoring and data collection for inland water management.Lastly, Ramdev Chemicals, Ahmedabad, has obtained a ceramic-based flame-proof coating technology from the Vikram Sarabhai Space Centre (VSSC), originally developed for launch vehicles, enhancing safety and durability in space applications.The Technology Transfer Agreements (TTAs) were formalized through tripartite agreements signed between NewSpace India Limited (NSIL), the recipient companies, and IN-SPACe at its Ahmedabad headquarters, marking a milestone in fostering industry-led innovation in India's space sector. The European Union is growing its efforts to lead in quantum technology by 2030, with a focus on attracting private investment to reduce reliance on the United States and China, according to EU tech Chief Henna Virkkunen. She highlighted the transformative potential of quantum technology, which McKinsey estimates could be worth trillions of dollars within a decade due to its ability to process data significantly faster than conventional computing, impacting every sector of the economy.In the last five years, the European Commission and EU member states have spent more than 11 billion euros (13 billion dollars) on this public funding of quantum technology. But Virkkunen insisted the necessity of strengthening of private investment, noting, "Only 5% of the global private investments on quantum are now coming to Europe. So we will especially work on the private funding part in the coming months."She emphasized the fact that public funding in Europe is strong but needs the support of private capital in order to remain competitive.The EU quantum strategy also demands countries to cooperate through the sharing of expertise and resources in research, quantum infrastructure and the startup ecosystem, especially in the field of dual uses in the areas of security and defense.Virkkunen underscored the vulnerability of European quantum startups, stating, "European quantum startups, they are vulnerable to being bought by foreign entities or moving to areas with better funding, and this is why it is crucial to act now." In order to facilitate this plan, the European Commission plans to propose a Quantum Act in 2026 to further strengthen the framework. EU SEEKS PRIVATE INVESTMENT TO ADVANCE QUANTUM TECH GOALSIN-SPACE TRANSFERS 10 ISRO TECHS TO FIRMS AFTER HAL SSLV DEAL
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