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Business News/ News / World/  India-US signs Artemis Accords, ISRO-NASA to launch joint space mission in 2024
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India-US signs Artemis Accords, ISRO-NASA to launch joint space mission in 2024

Artemis Accords, built upon the foundation of the Outer Space Treaty of 1967 (OST), constitute a comprehensive framework of guidelines that aim to govern the exploration and utilization of space in the modern era

Prime Minister Narendra Modi meets the US President Joe Biden during a private engagement, at White House (PIB)Premium
Prime Minister Narendra Modi meets the US President Joe Biden during a private engagement, at White House (PIB)

Prime Minister Narendra Modi's State Visit to the United States has witnessed the first major agreement as India decided to join Artemis Accords on Thursday. The space agencies of both countries, NASA and ISRO have agreed on a joint space mission in 2024, the White House said on Thursday.

“On space, we will be able to announce that India is signing the Artemis Accords, which advance a common vision for space exploration for the benefit of all humankind," an official from the US administration said hours before PM Modi is scheduled to meet US President Joe Biden.

PM Modi US visit: Catch LIVE updates here 

What are Artemis Accords?

The Artemis Accords, built upon the foundation of the Outer Space Treaty of 1967 (OST), constitute a comprehensive framework of guidelines that aim to govern the exploration and utilization of space in the modern era. While not legally binding, these principles serve as a roadmap for international collaboration in civil space endeavors.

Spearheaded by the United States, the Artemis Accords endeavor to facilitate the human return to the moon by 2025, as a pivotal step towards advancing space exploration to encompass Mars and other celestial destinations in the future.

The White House official added that both NASA and ISRO have agreed on a joint space mission in 2024.

Semiconductors

Indian and US companies will partner to build an ecosystem for semiconductors that promotes supply chain diversification.

Micron Technology, in partnership with the Indian National Semiconductor Mission, has revealed plans for a significant investment exceeding USD 800 million. This substantial financial commitment, coupled with additional funding from Indian authorities, will culminate in the establishment of a state-of-the-art semiconductor assembly and test facility in India, with a total investment amounting to USD 2.75 billion.

Furthermore, Applied Materials, a prominent US-based company, has unveiled plans for the establishment of a cutting-edge semiconductor center focused on commercialization and innovation within India. Additionally, Lamb Research, another leading semiconductor manufacturing equipment company, is poised to announce a comprehensive training program through its semi-verse solution.

This initiative aims to empower and skill up to 60,000 Indian engineers, effectively expediting the nation's semiconductor workforce development objectives.

Technology

India and US have signed an agreement on AI and quantum technologies. The Indian Quantum universities and entities are welcome to work with Economic Development Consortium of the United States. The countries are also working together in advanced telecommunication including 5G and 6G technologies. India and US are also working together on Open Radio Access Network (RAN) systems.

“Here we'll be announcing partnerships on open ran, field trials, and rollouts, including scale deployments in both countries with operators and vendors of both markets. This will involve backing from the US International Development Finance, for cooperation and to promote the deployments in India," the official said.

India's initiatives pertaining to 5G and 6G technology, along with the US Next G alliance, will jointly spearhead a novel forum for public-private cooperation. Furthermore, the United States has expressed its openness to Indian participation in the US rip and replace program, which aims to eliminate telecommunications equipment manufactured by untrusted vendors.

This collaborative effort signals a growing partnership between the two nations in addressing critical security concerns and advancing telecommunications infrastructure.

“On people-to-people ties and higher education, leveraging the enormous talent, particularly in STEM (Science, technology, engineering, and mathematics) fields in both countries and coming out of a task force chaired by the Association of American Universities and counterparts at the Indian Institute of Technologies would like to welcome the launch for the university network with Indo US global challenges to federal Spark, new research partnerships and exchanges in fields including agriculture, energy, and health," said the official.

(With PTI inputs)

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Published: 22 Jun 2023, 03:34 PM IST
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