Shailesh Nayak, a veteran of the Indian Space Research Organisation (ISRO), has been recognized for his contributions to remote sensing and spatial sciences, receiving the Brock Gold Medal next month. He highlighted the significant advancements in remote sensing since Vikram Sarabhai's vision in 1969, noting India's leadership in applying satellite data across various sectors, including agriculture and disaster management. Looking ahead, Nayak emphasized the need for ISRO to focus on complex satellite systems while allowing private players to develop commercial satellites. He pointed out that an insurance framework is crucial for mitigating risks associated with satellite launches, as private companies face significant challenges. The government is reportedly working on an insurance scheme to support these private entities. Furthermore, Nayak mentioned the upcoming launch port in Tamil Nadu, which will enable private companies to launch satellites on demand. He also discussed the necessity for a robust space law to regulate the burgeoning private sector, ensuring compliance and safety in operations. Overall, Nayak's insights reflect a promising future for India's space industry, balancing public and private contributions for societal benefit.