India raises bet on private companies as space ambitions grow

Satellite imaging service Pixxel and other startups demonstrate encouraging results

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Shakuntala, the first pathfinder satellite from Indian startup Pixxel, launched in April 2022 and returned to Earth in 2024 after completing its debut journey in space. (Photo from Pixxel)

SOUMYAJIT SAHA

MUMBAI -- The Indian government is ramping up investment into the country's private space companies, with plans to infuse more than a hundred million dollars into a sector that is starting to see mature companies and products emerge.

In February, the Indian National Space Promotion and Authorisation Centre (IN-SPACe), a government-backed agency, launched a $57 million fund for early-stage space technology.

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