Wednesday, December 22, 2021

Tata Trusts-backed Social Alpha sets up aerospace accelerator and incubation platform

Social Alpha, an initiative supported by Tata Trusts, along with the National Research Development Corporation (NRDC) and CSIR-National Aerospace Laboratories (NAL), a constituent of the Council of Scientific and Industrial research (CSIR), on Wednesday announced the launch of is set to be the first Public-Private Partnership in India focused on accelerating innovations in Aerospace. will develop a support eco-system for nurturing start-ups in aerospace and allied engineering housed at a dedicated state-of-the-art centre in the CSIR-NAL campus in Bangalore, with a vision to expand its reach to new geographies in the future.

Speaking on the launch, Ratan N Tata, Chairman -Tata Trusts said in a statement, “I hope a number of high impact and scalable solutions emerge from this initiative, creating a new wave of technology entrepreneurship in the country.”’s focus will lie in the fields of aviation, defence, space exploration and climate action among others. Its “lab-to-market” model will act as a catalyst to accelerate innovations and entrepreneurship while promoting start-ups and SME’s in sectors of national strategic importance. will leverage innovations to build solutions for some of our toughest challenges with the help of advanced systems and frontier technologies like Robotics, AI/ML/Data Science, Nanotech, Material Science, Advanced Manufacturing, Cryogenics etc.

22/12/21 Economic Times

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