Amazon Web Services (AWS) will invest in Indian space start-ups and work with the Indian Space Research Organisation (ISRO) on space data management in an effort to take advantage of the multi-billion dollar opportunity in the Indian space sector.

In a first-of-its-kind space experiment, AWS stated at AWS re:Invent 2022 that it has successfully run a suite of AWS computing and machine learning (ML) software aboard an orbiting satellite.

The experiment, which has been running for the past 10 months in low Earth orbit (LEO), was created to examine a quicker, more effective way for users to gather and evaluate important space data directly on their orbiting satellites.

Customers can now automatically analyse huge volumes of raw satellite data in orbit and only downlink the most useful images for storage and additional analysis, cutting costs and enabling quick decision-making. This is possible thanks to the first deployment of AWS edge capabilities onboard an orbiting satellite.

Utilising AWS AI/ML services enables real-time inferences on-orbit and reduces image size by up to 42% for faster processing.

Two of AWS's international space partners, D-Orbit and Unibap, worked together to specifically address these issues as they relate to satellite operations. The tech giant is also considering using cloud technology to invest in and support the Indian space industry.

 According to the Director of AWS Aerospace and Satellite, India is a sizable market, and the country already leads the world in space launch missions. They wish to support the nation in the management of its space data. Due to the restricted data infrastructure in space, processing space data near to where it is collected can be difficult, but India can definitely use the cloud for its space missions, as mentioned by Clint Crosier.

According to Morgan Stanley, the global space economy is anticipated to reach over $1 trillion by 2040, offering enormous opportunities for businesses of all kinds to accelerate scientific advancement and enhance life on Earth. According to statistics provided by the Indian government, India's share is less than 3%. Jitendra Singh, the Union Minister of State (Independent Charge) for Science and Technology, MoS PMO, Space, and Atomic Energy, stated in October that Indian StartUps would soon test their rockets and launch space satellites as well as satellite constellations.