The Indian Institute of Space Science and Technology (IIST) and Kerala Spacepark (KSPACE) have entered into a strategic partnership through the signing of a Memorandum of Understanding (MoU) aimed at fostering academic-industry collaboration and promoting innovation and entrepreneurship in the space technology domain. The MoU was officially signed on 22nd April 2025 at Thiruvananthapuram by Prof. Dipankar Banerjee, Director, IIST and Shri G Levin, Chief Executive Officer, KSPACE, in the presence of officials and faculty members from both institutions.

As part of the 'Science and Technology Exposure Visit -10/2025', a group of selected students from different parts of Kerala visited IIST on 24th April 2025. Kerala Science and Technology Museum (KSSTM), Thiruvananthapuram, coordinated the visit. The visit started with an interaction with Prof. Dipankar Banerjee, Director, IIST. During the visit, students visited laboratories, observed live demonstrations of experiments, and interacted with faculty and research scholars.