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For starters, they provide office space, technology infrastructure, seed-capital (mostly about $250,000 or so), and access to some vital talent such as marketing and financial people, according to Cohen.
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In a joint communiqué, the two countries pledged to cooperate further on security and military issues, energy, transportation, space technology, banking, infrastructure development, heavy machinery manufacturing, cultural exchange and finance.
"Such events act as a wake-up call as to how our modern western lifestyles are utterly dependent on space technology and national power grid infrastructure".
Guernsey dug deep, borrowing $8 million, mostly from banks, to cover the cost of extra storage space, delivery vans, tractors-trailers and technology infrastructure.
India has been an early adopter of space technology via sustained investments in developing indigenous infrastructure in space, launch and ground systems for a national mission of utilising societal applications from space assets.
Traditionally, conducting space technology development and launching space missions required massive infrastructure investments, long lead times and large teams of experts.
Every agency, department and bureau already has a technology infrastructure in place, and there are likely tremendous inefficiencies in all of these disparate technologies and infrastructures.
And we remain a place for established companies to build stronger technology infrastructure.
What is certain is that the infrastructure we all rely on has become increasingly dependent on space technology.
Dennis Crowley, who founded the company with a fellow entrepreneur, Naveen Selvadurai, said the fresh cash would largely be used to develop its technology infrastructure, expand its staff of nearly 30 employees and relocate to office space in New York, where the company is based.
While there are certainly technology, infrastructure, political and social challenges to face, the sheer weight of investment in the space is overwhelming.
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