Indian Space Research Organisation (ISRO) signed a MoU with Indian Institute of Technology, Varanasi for setting up the Regional Academic Centre for Space at IIT BHU, in the country. This is the 5th Regional Academic Centre for Space being set up in the country. This is a regional level initiative to pursue advanced research in the area of space technology, space science and space applications relevant to space programme. This will also encourage student centric research activities in the region. The MoU was signed by Dr. P V Venkitakrishnan, Director, CBPO, ISRO and Prof. Pramod Kumar Jain, Director, IIT (BHU), Varanasi on 23rd December 2020. Shri R Umamaheswaran, Scientific Secretary, ISRO delivered the inaugural address.