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Australian High Commissioner to <keyword id="19895063" type="General" weightage="20" keywordseo="India" source="keywords">India</keyword>, <keyword id="20307863" type="General" weightage="20" keywordseo="philip-green" source="keywords">Philip Green</keyword> OAM, on Wednesday, expressed Canberra's willingness to collaborate with New Delhi in the <keyword id="20242397" type="General" weightage="20" keywordseo="space-sector" source="keywords">space sector</keyword> and added that both nations are going ahead with the three collaborative space projects and signing the first Memorandum of Understanding (MoU) today. While speaking to ANI, Philip Green expressed <keyword id="19895799" type="General" weightage="20" keywordseo="Australia" source="keywords">Australia</keyword>'s interest in partnering with India in its <keyword id="19929542" type="General" weightage="20" keywordseo="space-exploration" source="keywords">space exploration</keyword> endeavours, adding that the Australian government has pledged a USD 18 million grant for <keyword id="22187831" type="General" weightage="20" keywordseo="joint-India-Australia-space-projects" source="keywords">joint India-Australia space projects</keyword>. "Here today we are saying that we are keen to be partners for India in its space journey. We're already strategic and quad partners with India and we want to do more with space and my government is backing it," said Philip Green. Today we're signing the first MOU of three that has been settled as a result of an USD 18 million dollar grant for my government specifically, for India-Australia space collaborations," he added. Further, the Australian envoy said they are excited about the <keyword id="20535850" type="General" weightage="20" keywordseo="Indian-space-sector" source="keywords">Indian space sector</keyword> and believe its different and complementary skills can benefit each other. "We're very excited about the Indian space sector and we're particularly excited about the fact that Australia has different and complementary skills," the Australian envoy said to ANI. "We're a very big continent with very few numbers of people, which means we have very dark skies. We have great abilities in terms of space tracking," he added. Congratulating PM Modi for his victory in the 2024 general elections, Philip Green said that Australia is looking to work even more closely in the future. He also disclosed during the interview that there could be high-level visits by Australia and India to galvanise the already strong partnership. "We congratulate Modi and his government on re-election. We look forward to working even more closely as we go forward. There are three powerful drivers in our bilateral relationship, our new strategic alignment, the very strong complementarity between our economies and what we call the human bridge, the more than a million people of Indian origin who now make Australia their home," said Philip Green. "We're planning visits I'm not going to announce them to you today, but I can assure you there will be high-level visits by Australia and India to galvanise what is already a strong partnership," he added On April 30, "the Australian Government announced funding for three collaborative space projects that will strengthen the space economy for the two partner nations," said the <keyword id="22187832" type="General" weightage="20" keywordseo="Australian-Space-Agency" source="keywords" meta.keywordsubtype="org" meta.entityname="Australian Space Agency" meta.hostid="261" meta.entityid="Australian Space Agency">Australian Space Agency</keyword> in an official statement. "The projects will receive a total of A$18 million (Rs 98 crore) as part of the International Space Investment India (ISI) Projects program," the statement added. Each project will include a number of Australian and Indian partners, who will help address climate change, boost manufacturing, and advance artificial intelligence, among other objectives.

"Keen to be partners with India in its space journey": Australian envoy on space collaboration projects

Paris [France], March 30 (ANI): Director General of the <keyword id="20681418" type="General" weightage="20" keywordseo="european-space-agency" source="keywords">European Space Agency</keyword> (<keyword id="191401" type="General" weightage="20" keywordseo="ESA" source="Orion">ESA</keyword>), <keyword id="21132866" type="General" weightage="20" keywordseo="josef-aschbacher" source="keywords">Josef Aschbacher</keyword>, has heaped praise on the <keyword id="19915130" type="General" weightage="20" keywordseo="indian-space-research-organisation" source="keywords">Indian Space Research Organisation</keyword> (<keyword id="6358064" type="General" weightage="100" keywordseo="ISRO" source="Orion">ISRO</keyword>) for its recent successful launches and said that India's accomplishments in space and especially in lunar exploration is 'astonishing'. Aschbacher posted an appreciation post on X, after ESA hosted its 323rd Council meeting in Paris which was attended by the ISRO Chairman, S Somanath. ESA Member States met in Paris, France, for the 323rd session of the ESA Council on March 26 and 27, 2024. The European scientist also underscored that the significance of strengthening ties and deepening cooperation with international partners cannot be underestimated. "What India is accomplishing in space - especially in Lunar exploration - is astonishing. We hosted ISRO's Chairman, Dr. S. Somanath at ESA Council today. It was a milestone occasion for Delegates to learn more about current and future plans for ESA-ISRO cooperation," he posted on X. "The strategic importance of strengthening ties and deepening cooperation with international partners cannot be underestimated," he added. <div type="twitter" handle="AschbacherJosef" handlename="AschbacherJosef" favoritecount="0" retweetcount="0" id="1773071288686264521"></div> Additionally, Astronaut <keyword id="20326710" type="General" weightage="20" keywordseo="thomas-pesquet" source="keywords">Thomas Pesquet</keyword> also shared about meeting with the ISRO chairman and the ESA Director and said that they witnessed enthusiastic exchanges between the two leaders. "Very proud to welcome ISRO chairman Shri. S. Somanath at ESA HQ in Paris yesterday, with our director Josef Aschbacher. Enthusiastic exchanges between the two men, and abounding cooperation opportunities between the two organisations. Let's co-travel to space together!" he posted on X. <div type="twitter" handle="Thom_astro" handlename="Thom_astro" favoritecount="0" retweetcount="0" id="1773399899498803577"></div> In a stellar display of prowess, India soared to new heights in 2023 with the successful soft landing of <keyword id="8011274" type="General" weightage="20" keywordseo="Chandrayaan-3" source="Orion">Chandrayaan-3</keyword> on the South Pole of the Moon and the launch of <keyword id="5998804" type="General" weightage="20" keywordseo="Aditya-L1" source="Orion">Aditya-L1</keyword>, India's first solar mission. These milestones not only secured India's standing in the global space economy but also fueled the engines for the private space sector in India. On August 23, 2023, the Chandrayaan-3 mission created history with the successful soft landing on Moon's surface. India is now the first nation to reach near the Moon's unexplored South Pole and ranks amongst the top four nations to carry out a soft landing on the lunar surface. Chandrayaan-3 is India's third lunar mission and the second attempt to land softly on the moon's surface. It's part of the Chandrayaan program, a series of missions developed by the Indian Space Research Organisation (ISRO) to explore the moon. The mission consists of a Vikram lunar lander, a Pragyan lunar rover, and a propulsion module that carries the spacecraft from Earth orbit to lunar orbit. Additionally, in a major milestone, India placed its first dedicated solar mission, the Aditya-L1 spacecraft, in the Halo orbit. The country went gaga over this historic achievement, especially since this mission came at the back of India's moon landing, the Chandrayaan-3 mission. Aditya-L1 reached Lagrange Point L1 which is about 1.5 million km from earth. The PSLV-C57.1 rocket carrying the Aditya-L1 orbiter lifted off successfully from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh, in September.

European Space Agency Director praises ISRO, calls India's accomplishments in space "astonishing"

Domestic firms will <keyword id="6356112" type="General" weightage="100" keywordseo="lease" source="Orion">lease</keyword> an estimated 60-65 million square feet of <keyword id="181150" type="General" weightage="20" keywordseo="office-space" source="Orion">office space</keyword> between 2024 and 2025, according to <keyword id="20060150" type="General" weightage="20" keywordseo="cbre" source="keywords">CBRE</keyword> South Asia's report, '<keyword id="19895063" type="General" weightage="20" keywordseo="india" source="keywords">India</keyword> Inc's Ascension - The Rise of Domestic Firms as an Office Demand Driver'. Domestic companies have been responsible for nearly 47 per cent of office leasing activity from 2022 to H1 2024, marking a departure from the traditional dominance of global corporations, particularly American firms. During 2022-2023, domestic firms experienced a 60 per cent surge in office space absorption compared to the pre-pandemic period of 2018-2019. Key occupier groups have secured significant spaces in prime locations across major cities, with <keyword id="19913115" type="General" weightage="20" keywordseo="delhi-ncr" source="keywords">Delhi-NCR</keyword> leading, followed by <keyword id="6354321" type="General" weightage="20" keywordseo="bengaluru" source="Orion">Bengaluru</keyword> and Mumbai. E-commerce and life sciences companies have driven occupancy in Bengaluru and Hyderabad, respectively, while Mumbai has captured a substantial 43 per cent share of domestic <keyword id="19910880" type="General" weightage="20" keywordseo="bfsi" source="keywords">BFSI</keyword> leasing, with strong contributions from Delhi-NCR and Chennai. The report attributes the robust growth of India's office market to several factors, including government initiatives like Make in India and the <keyword id="19952889" type="General" weightage="20" keywordseo="production-linked-incentive" source="keywords">Production Linked Incentive</keyword> (PLI) Scheme. These programs, along with increased domestic manufacturing, employment generation, and a well-capitalized banking sector, have created a supportive environment for business expansion. Other contributing factors include low corporate leverage ratios and improved access to capital, which have enhanced the investment capacity of Indian companies. India's talent pool, with approximately 2.5 million STEM graduates and a thriving start-up ecosystem featuring over 100 unicorns, has also been a major driver of growth. With over 38 sector skill councils, the government's focus on bridging the skill gap is preparing domestic firms for future demands, further bolstering the office leasing sector. Flexible space operators, technology, and BFSI sectors have emerged as the primary drivers of office leasing, collectively accounting for two-thirds of all domestic activity. The RCA sector, which includes legal, taxation, HR, and media services, is also playing a significant role in boosting domestic leasing. Additionally, Indian engineering and manufacturing firms, which currently represent 7-8 per cent of domestic office leasing, are expected to expand into <keyword id="20270212" type="General" weightage="20" keywordseo="tier-ii" source="keywords">Tier-II</keyword> and Tier-III cities, which are emerging as manufacturing hubs. Anshuman Magazine, Chairman and CEO, India, Southeast Asia, Middle East &amp; Africa, CBRE, said, "India's rapidly expanding start-up ecosystem and talent abundance are major drivers of this demand. As India's major urban centers continue to grow and diversify, the demand for premium office spaces will shape the future of the commercial real estate market, setting new standards for innovation and excellence. He added, "India's top nine cities are poised to see an impressive addition of ~185 million sq. ft. of premium office space by 2026. This dramatic increase in office space is a testament to several key factors driving the transformation of the commercial real estate landscape". Ram Chandnani, Managing Director, Advisory and Transaction Services, CBRE India, said, "Advances in technology, especially artificial intelligence (AI), are poised to further transform the office sector. While AI may cause job displacement in some areas, it will also create new opportunities and necessitate comprehensive workforce reskilling. The surge in workforce needs, driven by digitalization, evolving workplace strategies, and enhanced business confidence, has substantially boosted leasing activity."

Domestic firms to lease 60-65 million sq ft office space by 2025: CBRE report

<ul class="summary-list"><li><a target="_blank" class="" href="https://www.businessinsider.com/trump-won-election-what-that-means-for-elon-musk-2024-11">Elon Musk and Donald Trump are both enthusiastic </a>about space exploration opportunities amid a desire to slash regulations.</li><li>It's not yet clear how powerful Musk's role in the new Trump administration will be.</li></ul>Now that <a target="_blank" class="" href="https://www.businessinsider.com/election-results-trump-harris-presidential-election-2024-11">president-elect Donald Trump</a> is set to return to power in the US, Elon Musk's plans for sending humans beyond Earth's orbit may be more likely to come to fruition.Space industry experts told Business Insider that Musk's influence over Trump could help advance <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-could-help-deregulate-tech-amid-a-trump-victory-2024-11">his business interests</a>, including sending the first crewed mission to Mars."I'm hugely optimistic about what's going to happen in space now," Michelle Hanlon, executive director of the Center for Air and Space Law at the University of Mississippi School of Law, told Business Insider.Hanlon's optimism isn't unfounded, especially if Trump's second term focuses on space as much as his first.During his first term, from 2017 to 2021, Trump's administration founded <a target="_blank" class="" href="https://www.businessinsider.com/space-force-guardian-nick-hague-spacex-rocket-iss-2024-2">the Space Force</a>, re-launched the National Space Council, and established NASA's Artemis program. This program is set to return astronauts to the moon and lay the groundwork for the first crewed mission to Mars.But space isn't the only interest Trump and Musk share. They also want to slash government regulations.<h2 id="b873fb1d-647e-4cdf-a3ef-7d9a7adb04e7">Musk's 'Department of Government Efficiency'</h2>Trump has said that he would cut 10 regulations for every new one his administration creates.Musk and his businesses, meanwhile, have <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-spacex-faa-overtime-regulations-2024-9">clashed with regulators</a>, including the National Highway Traffic Safety Administration and the Federal Aviation Administration."There is a lot of waste and needless regulation in government that needs to go," Musk wrote on <a target="_blank" class="" href="https://x.com/elonmusk/status/1830829538118381574">X</a> after Trump announced that he planned to put the billionaire at the helm of a <a target="_blank" class="" href="https://www.businessinsider.com/donald-trump-rally-elon-musk-save-department-government-efficiency-2024-10">new "department of government efficiency."</a>It's unclear how much influence Musk would have over regulations if this department came to fruition. Trump's trust in Musk to run such a department, however, is a testament to the pair's burgeoning relationship.The two men teamed up on the campaign trail, with Musk contributing millions to Trump's reelection campaign and appearing with him at a <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-pennsylvania-america-pac-donald-trump-harris-2024-11">rally in Pennsylvania</a>.In his election-night victory speech, Trump praised Musk for <a target="_blank" class="" href="https://www.businessinsider.com/why-spacex-starship-launch-five-huge-deal-space-travel-2024-10">SpaceX's Starship</a> vehicle, designed to shuttle the first humans to Mars, and for the company's Starlink internet satellites, which are designed to offer fast, cheap internet to remote locations worldwide.<a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-trump-calls-zelenskyy-erdogan-influence-2024-11">Musk also joined a call</a> between Trump and Ukrainian President Volodymyr Zelenskyy on Friday — underscoring how influential Musk could be once Trump returns to office, <a target="_blank" class="" href="https://www.axios.com/2024/11/08/musk-trump-zelensky-ukraine-call?stream=top&amp;utm_source=alert&amp;utm_medium=email&amp;utm_campaign=alerts_all">Axios</a> reported.Whether that influence translates to Trump founding a new "department of government efficiency" for Musk, though, is unclear.<div type="image" title="Elon Musk jumps for joy at Trump's recent rally in Butler, Pennsylvania." height="1279" width="2000" msid="115101302" hostid="261" sizebytes="117830"></div>SpaceX and Musk did not respond to a request for comment. A spokesperson for Trump's campaign said that Musk's ideas and efficiency will benefit federal bureaucracy but his role in Trump's administration remains under wraps."It's a crazy situation, but you can't just create a new department," Deborah Sivas, the director of the Environmental Law Clinic at Stanford, told BI. She said Congress would have to approve it, which may be more likely since Republicans won the Senate majority.Changing a government agency's powers or rules, Sivas said, requires making new rules or passing a law through Congress. That can take months, and it's not guaranteed to work.So, it's unlikely that Musk would be able to single-handedly eliminate key steps in <a target="_blank" class="" href="https://www.businessinsider.com/spacex-texas-starship-launch-site-development-challenges-2019-6">regulatory processes</a>, like the typical environmental review requirement for building a new rocket launchpad."I think Elon Musk will be more likely in the background, whispering in his ear," Sivas said of the billionaire's relationship with Trump."Is he going to be able to <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-spacex-autocratic-style-success-politics-harm-2024-9">influence space policy</a>? Yes, no question," Hanlon said, adding that she sees that as a "good thing" because of Musk's experience.In other arenas, like environmental regulation, Sivas isn't so sure."I feel like he should stay in his business lane and stay out of the government lane," Sivas said. "When you put those two together, it's like putting church and state together."<h2 id="879d5f64-5325-4a92-9196-db627a3cb3e9">Smoothing potholes on the road to Mars</h2>Even if Musk can't change regulations, a space-friendly Trump administration could smooth the path to Musk's goal of building a city on Mars.Musk recently <a target="_blank" class="" href="https://x.com/elonmusk/status/1832550322293837833">said</a> that he plans to launch Starships to Mars for the first time in just two years. If those flights go well, he said that the first human crews would follow four years from now."That's a pretty ambitious timeline," George Nield, former associate administrator of the FAA's Office of Commercial Space Transportation, told BI. To meet it would probably require "different regulatory frameworks or contractual arrangements than we've used in the past," he added.<div type="image" title="Elon Musk with former president Donald Trump" height="2633" width="3949" msid="115101300" hostid="261" sizebytes="148502"></div>"If anybody can do it, it will be Elon Musk," Hanlon said. But the government can help, she said, by making regulators more efficient.To help even further, she added, "It can become a policy of the US government to support commercial flight to Mars."With Trump's interest in Starship, the chances of that look better than ever.Regulations aren't the only obstacle. There are still a lot of technical hurdles to overcome before we can reach Mars, Nield said.The moon, on the other hand, is more achievable, and Trump has had his eye on it. Weeks after Musk endorsed Trump, the president-elect <a target="_blank" class="" href="https://www.reuters.com/world/us/trump-victory-expected-boost-musks-mars-dream-2024-11-08/">told reporters</a> that the moon was the first step toward his ultimate goal to reach Mars.<h2 id="60abc973-d957-4dd0-8d46-da0596ffb8e2">The next moon landing</h2>For the Artemis program's first human moon landing, NASA plans to launch four astronauts toward the moon using its Space Launch System and Orion spaceship.In lunar orbit, the ship would meet up with SpaceX's Starship, which would carry two astronauts to the moon's surface, putting boots in the lunar dust for the first time since 1972.The date for that mission has been repeatedly pushed back, with September 2026 being NASA's current target.There's no indication that Trump is considering this, but if he wants a faster moon landing, he could ditch the NASA hardware and send astronauts aboard Starship alone, Nield said."If we see rapid progress with Starship and encouragement from the administration and Congress, I don't see any reason why that couldn't happen in a small number of years," Nield said.

What Trump's second term means for space and why one expert is 'hugely optimistic'

President Droupadi Murmu on Friday voiced concern over increasing <keyword id="20715750" type="General" weightage="20" keywordseo="space-debris" source="keywords">space debris</keyword> as a result of numerous satellites being placed in orbit and lauded <keyword id="19915124" type="General" weightage="20" keywordseo="ISRO" source="keywords" meta.keywordsubtype="org" meta.entityname="ISRO" meta.hostid="261" meta.entityid="ISRO">ISRO</keyword> for setting itself a target to make future <keyword id="20018231" type="General" weightage="20" keywordseo="space-missions" source="keywords">space missions</keyword> debris free by 2030. Murmu was speaking at the celebration of the maiden <keyword id="22301946" type="General" weightage="20" keywordseo="National-Space-Day" source="keywords">National Space Day</keyword> celebrations to mark the first anniversary of the landing of India's Chandrayaan-3 project. "Space debris can cause problems for space missions," she said during the event at Bharat Mandapam in New Delhi that was attended by Union minister Jitendra Singh, Indian Space Research Organisation (ISRO) Chairman S Somanath, engineers, ISRO scientists and representatives of the country's nascent space industry. The president appreciated the ISRO System for Safe &amp; Sustainable Operations Management facility, which ensures continuous progress of space research activities. "I am also happy to note that India is moving forward to make all its space missions debris free by 2030," Murmu said. The president presented awards to winners of the Robotics Challenge and the Bharatiya Antariksh Hackathon on the occasion. The president said ISRO had made remarkable achievements in the space sector as well as invaluable contributions to the country's social and economic development. She appreciated the dedicated scientists who placed India's space programme among the best in the world by using minimum resources. Murmu also expressed confidence that the country would make continuous progress in space science and continue to set new standards of excellence. The president said the progress of India's space sector was extraordinary. "Be it a successfully completed Mars mission with limited resources or the successful launch of more than a hundred satellites at once, we have made many impressive achievements," Murmu said. The president said space exploration had increased the capabilities of human beings and transformed imagination into reality. "But space exploration is a challenging task. Research conducted to solve the problems during space exploration accelerates the development of science and improves human life," she said. The president said many sectors, including health and medicine, transportation, security, energy, environment and information technology, had benefited from developments in the space sector. The president pointed out that with the opening of the space sector to private entities, the number of start-ups had increased at a very rapid pace. "This has not only brought progress in space research but also given new opportunities to our youth to showcase and hone their talents," Murmu said. The president said she was happy to note that just a few months ago, an Indian company successfully launched a single-piece 3D-printed semi-cryogenic engine-powered rocket, the first such achievement. SEE ALSO: <a href="https://www.businessinsider.in/business/auto/webstories/2024-tvs-jupiter-vs-honda-activa-6g-which-110cc-scooter-should-you-buy/slidelist/112730069.cms">2024 TVS Jupiter vs Honda Activa 6G – which 110cc scooter should you buy?</a> <a href="https://www.businessinsider.in/tech/how-to/how-to-add-music-to-instagram-profile/articleshow/112732934.cms">You can now add music to your Instagram profile – here's how</a> <a href="https://www.businessinsider.in/business/auto/news/audi-q8-facelift-launched-in-india-with-a-1-17-crore-price-tag/slidelist/112707701.cms">Audi Q8 facelift launched in India with a ₹1.17 crore price tag</a>

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"Keen to be partners with India in its space journey": Australian envoy on space collaboration projects

ANI

European Space Agency Director praises ISRO, calls India's accomplishments in space "astonishing"

ANI

Domestic firms to lease 60-65 million sq ft office space by 2025: CBRE report

ANI

What Trump's second term means for space and why one expert is 'hugely optimistic'

Morgan McFall-Johnsen

President Murmu voices concern over increasing space debris

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