In this age of information technology, new businesses and innovative entrepreneurs are emerging. Thus the Madurai youth Ajaykumar 25, can be said to have started sowing the seeds for the space business as a modern feature.
For Ajay Kumar at a young age, rocket and missile means loot. This is why he studied B.Tech., Aerospace. At the same time he received training in military helicopters. He later fell in love with ISRO and did rocket projects. His work is also featured on the US NASA portal. In 2019, the ‘Space Industry’ will be included in the self-employment industry under the federal government’s Atma Nirman Bharat program.
Ajay Kumar was also present when Prime Minister Modi spoke on video conferencing with companies involved in the industry. So Ajay Kumar, who is interested in this, sent his proposal to ISRO. Earlier satellites sent by the government would weigh tons. Currently produced in weights of 50 g to 50 kg. These can be used by universities, multinational companies and pharmaceutical companies for their business. You have to pay for it.
Focusing on this, Ajay Kumar has started a company called ‘Velan Space’. His company employs more than 20 retired ISRO scientists and programmers. For this, the company has started a laboratory at the Kodaikanal campus in Coimbatore. Tamil Nadu Chief Minister Stalin Coimbatore praised his work at the exhibition when he came to the investor conference.
With such encouragement, he wonders if he will be able to set up a platform like the next space research lab and help businesses from there, with unimaginable industry details. He said: By 2020, 2700 of our satellites will be in orbit. This number is likely to increase to over 30,000 by 2030 due to commercial use. The business is currently worth $ 350 billion. Will increase to one trillion by 2040.
We will prepare and send missiles to send small satellites. We will take them through balloon technology, release them into the Earth’s orbit and assist companies in their use. Companies do not need as much space on this platform as they do on Earth. This business will also grow in the future as the cost of product research and production will go down there, he said. Congratulations to info@vellon.in
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