New Delhi : Swadeshi Energy Storage Technologies Pvt Ltd (Indienergy), a start-up incubated by the Incubation and Entrepreneurship Development Society (TIDES), Indian Institute of Technology Roorkee (IIT Roorkee), has been named the Startup category winner of DRDO's "Dare to Dream 3.0" innovation competition.
This company develops sodium (Na)-ion battery technology. Na-ion batteries are relatively affordable and in line with India's goal of becoming self-sufficient. It is worth noting that the startup develops all of the components required to commercialise the battery technology locally.
TIDES has been created to encourage entrepreneurship and innovation in this field. To reach its objective, TIDES maintains and operates a Business. IIT Roorkee is the host institution for the Technology Innovation and Development of Entrepreneurship Support (TIDES) business incubator.
The indigenous Energy Storage Technologies Pvt Ltd team, which included Akash Soni, Prof. Yogesh Sharma, Dr. Nagesh Kumar, and Dr. Asit Sahu, won the top honour in the DRDO's "Dare to Dream 3.0" competition. Shri Rajnath Singh, the defence minister, bestows a prize worth Rs. 10 lakh.
Prof. Sudipta Sarkar of IIT Roorkee won the individual category of the "Dare to Dream 2.0" competition's innovation competition last year. Additionally, the first startup supported by TIDES, IIT Roorkee, Log9 Materials Science Pvt Ltd, took second place in the startup category the previous year.
In honour of Dr. APJ Abdul Kalam, a former Indian president, the Dare to Dream competition was established to find innovations and technologies that could be used in the future to meet India's defence and aerospace requirements. It intends to look into innovative concepts and ideas by DRDO in new technologies developed by people and startups to improve defence capabilities.
According to Rajnath Singh, the defence minister, "We have understood the science of civilisation, from the science of trial and error to mastering farming and agriculture. But new approaches must be used in order to make additional progress and achieve new objectives. And this is what I mean when I refer to research and development for a better future and an independent India.
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