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The grant will equip Pixxel to develop small satellites of up to 150 kilograms for electro-optical, infrared, synthetic aperture radar and hyper spectral purposes, as per a statement.
Space Startups: "The era of free money is over and companies are beginning to adapt to this new normal," Space Capital said, adding that the pickup in financial markets has helped the space industry.
Dr Jitendra Singh today said the successful launch of Chandrayaan-3 will boost Space StartUps and Space entrepreneurs.
In the article titled 'The Unexpected Success Story in the Global Space Industry,' it is observed that India has become a hub for over 140 registered space-tech start-ups.
India-US Space Cooperation: India becomes 27th country to join Artemis Accords, a US govt programme aim at sending the first woman and next man to the Moon, and expand space exploration to Mars and beyond