Thailand has established a national project to nurture their startups in developing and eventually harnessing space technology. The incubation would also help the startups to quickly turn ideas into products and services so that they could go to market quickly and hopefully proliferate their products and services on the international market.
This is part of Thailand’s plan to venture into the space industry and develop a part of the country’s workforce to become space technology experts and hopefully turn the resulting benefits towards the betterment of the country in various aspects.
Thailand would be focussing on incubating and developing capabilities in the following: ground systems, data & satellites services, launch systems, space explorations, system infrastructure, satellites design & manufacturing, communication and also in non-space applications like advanced material and energy.
With this programme, the Thai startups would be able to access space industry experts for technology advice and business advisors for business model and technology consulting. Apart from this, startups would be able to gain access marketing and investment opportunities through a network of partner organisations and also would have opportunities to work with partners and government agencies to expand their products and services into the space economy.
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