IAC 2007 to have Conclave on business opportunities

Bangalore, Sep 13 (UNI) International Astronautical Congress-2007 (IAC), to be held in Hyderabad later this month, will have a three day Conclave on business opportunities in Aerospace and Space.

The Conclave to be held from September 25 would highlight the opportunities in the field of global aerospace market, which was forecasted at 1380 billion USDollars by 2009, an IAC release here said.

The Conclave was aimed to foster and nourish building close relations among researchers, manufacturers, service providers, investors and governments.

Speakers from some of the leading organisations in Space technology, Astronauts, Aeronautics, Avionics and Application technology would address the Conclave.

Prominent speakers included Dr Kasturirangan, Member of Parliament (Rajya Sabha) and former Chairman ISRO, Mr Liam Weston, Advanced Systems Manager, Ball Aerospace&Technologies Corp, Mr James Zimmerman- President, International Astronautical Federation (IAF), Mr James F Mitchell, Director, Boeing and Mr H Neal Hammond, Vice President-United Space Alliance.

The Conclave would explore business opportunities in Space GIS and High Resolution Imagery Market, Space Exploration and Manned Missions, Commercial Launch Opportunities and Needs, Growing DTH, VSAT and Broadcasting Markets and Space Components, Materials and Engineering Services.

The release also quoted ISRO Chairman G Madhavan Nair as saying ''the Conclave is planned to highlight the huge market to the Indian companies and open India's capability to the world''.

He said it was important for the country to set a high national agenda and encourage public private partnerships in the field.

UNI