Nodal space body Indian National Space Promotion and Authorization Centre (IN-SPACe) yesterday said that it has selected three homegrown startups to build indigenous small satellite bus platforms. In an official announcement, IN-SPACe said that Astrome Technologies, Azista Industries and Dhruva Space were selected from a pool of 15 applicants after a rigorous and multi-stage evaluation process. The body signed a contract agreement with all three selected companies on February 11. The startups will now receive a grant of ₹5 Cr each to develop and demonstrate a robust, modular and scalable small satellite bus. “…. By enabling indigenous satellite bus platforms and integrating them with India’s emerging small satellite launch capabilities, we are laying the foundation for India to become a preferred global destination for end-to-end small satellite manufacturing, launch, and hosted payload services,” said IN-SPACe chairman Pawan Goenka. Chiming in, IN-SPACe’s technical director Rajeev Jyoti said that the proposed satellite bus platforms will reduce entry barriers for payload developers and strengthen domestic manufacturing capabilities. Part of the IN-SPACe’s Satellite Bus as a Service (SBaaS) initiative, the project aims to build a cost-effective platform to accommodate multiple hosted payloads that caters to both domestic and global requirements. A small satellite bus… Read MoreInc42 Media
