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First Indian startups picked for Indo-US defence programme, investor says (www.reuters.com)

submitted 2 weeks ago* (last edited 2 weeks ago) by [email protected] to c/[email protected]

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BENGALURU, Jan 17 (Reuters) - Seven Indian privately-held startups have been chosen for a first-of-its-kind India-U.S. space and defence collaboration programme, potentially unlocking a lucrative and strategic market for Indian firms, an investor who co-launched the project told Reuters on Friday.

The companies include space imaging company KaleidEO, rocket makers EtherealX and AI-driven company Shyam VNL. They will participate in a programme for defence and dual-use technology and explore opportunities to work with the U.S. Defense Innovation Unit, the Department of Defense and other government agencies on satellite observation and emerging space and defence technologies.

Indian investor Indusbridge Ventures and U.S.-based FedTech, which established the programme in September 2024, selected seven Indian companies and talks are underway about specific projects.

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[–] [email protected] 1 points 2 weeks ago* (last edited 2 weeks ago)

Pakistan has recently started moving away from the US again. The benefits Pakistan was expecting have not materialized.

They are constructing a giant naval base for China. https://www.dropsitenews.com/p/pakistan-promised-china-new-military-base