Page 24 - Space Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Amit N Mahajan expects FDI to empower companies for bigger programmes. Paras Defence & Space Technologies will explore opportunities in satellites and payload missions. Start-ups working with Paras will benefit. FDI will boost the Indian space industry. The company's growth trajectory is robust, maintaining a handsome growth rate. The medium term potential is strong with a projected CAGR of 30%.

Space-related stocks surged up to 7% in early trade after the Union Cabinet approved amendments in the FDI policy for the space sector, allowing 100% FDI. This move aims to attract overseas players and private companies. MTAR Technologies saw a 7% surge in intraday trade.

A new computer model mimics Moon dust so well that it could lead to smoother and safer Lunar robot teleoperations.

The govt said in a statement that foreign companies could invest in the manufacture of components and systems or sub-systems for satellites up to 100 per cent without approval

BENGALURU (Reuters) -India will allow 100% foreign direct investment in the manufacture of satellite systems without official approval and eased the rules for launch vehicles, a government statement said, aiming for a greater share of the global space market. India's space ambitions got a boost when it became the first country to land a spacecraft near the unexplored south pole of the moon in August - and the fourth to achieve a soft landing - just days after a similar Russian mission failed. The government said in a statement late on Wednesday that foreign companies could invest in th...