BioVoice News eMag September 2023 | Seite 56

I N T E R V I E W

which can lead to valuable insights and advancements across various fields .
Market trends in this space globally and in India ?
The Indian human spaceflight program was launched in 2020 , and there are plans to build a space station by the 2030s with transport provided by an Indian-built crewed orbital spacecraft called the Gaganyaan by 2023 . Indian Space Sector was valued at USD 9.6 billion in 2020 , contributing 2 % -3 % of the global space economy . The size of the sector is expected to reach USD 13 Bn by 2025 , and by 2030 India further aims to capture a larger share of close to 10 % of the global economy . The Lower Earth Orbit ( LEO )
biomanufacturing market is broken into five primary sub-segments : Cell and tissue tools and diagnostics ; Cell and tissue therapy ; Bio-printing ; Cell therapy biomanufacturing ; and Organoids , which is estimated to be USD 1.1 billion by 2030 .
How realistic and relevant are your ideas in the context of the bioscience industry including biotech , healthtech and agritech ?
Vellon Space addresses the space and access limitations of research and development on the International Space Station ( ISS ) by providing researchers and industries with a novel solution . And very limited microgravity access to Indian Industries ,
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BioVoiceNews | September 2023