Fabrik, a leading provider of industrial spatial solutions, has recently signed a Memorandum of Understanding (MoU) with the Indian National Space Promotion and Authorisation Centre (IN-SPACe) for a seed fund focused on digital twinning using advanced Building Information Modelling (BIM) and Geographic Information System (GIS) technology. The agreement was formalized during the prestigious IN-SPACe Space Industry Meet, an event that brings together key players in the space sector.
IN-SPACe is an autonomous nodal agency under the Department of Space, established by the Government of India in 2020. Its primary objective is to promote and regulate the participation of non-governmental entities in space activities. IN-SPACe aims to enable private companies to undertake commercial space-related activities by providing them with shared infrastructure and a favorable regulatory environment.
Fabrik is a pioneering company specializing in advanced digital solutions. Their expertise lies in harnessing cutting-edge technologies such as BIM, GIS, and digital twinning to streamline processes, enhance collaboration, and optimize resource management. Fabrik's innovative approach has earned them a reputation for delivering high-quality, sustainable, and cost-effective solutions.
Through this collaboration, Fabrik and IN-SPACe will jointly explore the potential of digital twinning technology, combining advanced BIM and GIS capabilities. Digital twinning involves creating a virtual replica of a physical asset or system, enabling real-time monitoring, simulation, and optimization. By integrating spatial data from satellites and other space-based assets, this partnership aims to develop ground-breaking solutions for various industries.
The seed fund provided by IN-SPACe will support research and development efforts, enabling Fabrik to further refine their digital twinning solutions and expand their capabilities. This strategic partnership aligns with IN-SPACe's mission to foster innovation and promote the growth of the private space industry in India.
As industries continue to embrace digitalization, collaborations like this one between Fabrik and IN-SPACe pave the way for transformative advancements. By leveraging the synergies between space technology and cutting-edge digital solutions, the partnership promises to unlock new frontiers in efficiency, sustainability, and project delivery.