ENA Sectors 2024-05-02 16:24:49 <p><span style="font-size:14px"><strong>Hyderabad, May 2 (KNN)</strong> T-Hub unveiled the SIDBI-T-Hub Funding Programme, designed to provide financial support to emerging start-ups operating in defence and aerospace sectors at the recently held National Defence and Aerospace Innovation Summit (DIAS) on Wednesday.</span></p> <p><span style="font-size:14px">During the summit, T-Hub inked seven pivotal Memorandums of Understanding (MoUs) with key industry players, including KAVACHH, Bharat Dynamics Limited, the International Institute for Space Studies &amp; Research (IISSR) and others.</span></p> <p><span style="font-size:14px">These collaborations aim to foster knowledge exchange, facilitate technological advancements, and nurture a robust ecosystem for defence and aerospace innovation.</span></p> <p><span style="font-size:14px">Jayesh Ranjan, Special Chief Secretary, Industries &amp; Commerce and Information Technology Departments, Telangana government, emphasised the state's strategic focus on these sectors.</span></p> <p><span style="font-size:14px">He stated, Through collaborative initiatives like DIAS, we are positioning Telangana as a leader in defence and aerospace technology, drawing positive attention to our capabilities on national and global platforms. </span></p> <p><span style="font-size:14px">Mahankali Srinivas Rao, CEO, T-Hub, underscored the immense opportunities within the USD 440 billion global space market and the crucial role start-ups play as trailblazers of innovation.</span></p> <p><span style="font-size:14px"> At T-Hub, we envision an ecosystem where start-ups thrive, finding the support, mentorship, and collaboration needed to reach new heights, he said.</span></p> <p><span style="font-size:14px">Rao also highlighted the incubator's commitment to fostering an environment conducive to the development of cutting-edge solutions that address industry challenges.</span></p> <p><span style="font-size:14px">The summit provided an invaluable platform for start-ups to showcase their disruptive technologies and solutions, spanning weaponry, unmanned aerial vehicles, satellite technologies, and cybersecurity.</span></p> <p><span style="font-size:14px">Through interactive sessions, pitch competitions, and networking opportunities, start-ups engaged with industry leaders, investors, and potential collaborators, paving the way for future partnerships and expansion.</span></p> <p><span style="font-size:14px">With its strategic funding initiatives and collaborative efforts, T-Hub aims to drive innovation in the defence and aerospace sectors, aligning with the nation's vision of self-reliance and technological advancement.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 37650 https://knnindia.co.in/news/newsdetails/sectors/t-hub-launches-funding-program-strategic-alliances-to-drive-defence-aerospace-innovation 2024-05-02 16:24:49 knnindia.co.in