Chennai, March 27 -- French aerospace and defence firm Starburst Accelerator SARL has partnered with the Indian Institute of Technology-Madras (IIT-Madras) to set up an innovative hub for start-ups with a funding support of 100 Million Euros.

An MoU towards this collaboration was signed at IIT Madras campus by Mr. Francois Chopard, Founder and CEO, Starburst Aerospace, Mr. Cedric Vallet, Innovation and Venture Director, Starburst Aerospace, and Prof. V.Kamakoti, Director, IIT Madras, Prof. Manu Santhanam, Dean (ICSR), IIT Madras, in the presence of representatives from IIT-Madras and Starburst Aerospace.

Through this collaboration, IIT Madras will enable Starburst to set up accelerator programs to boost Aviation, Space, and Defence (ASD)...